Downey Insurance Group Blog | Great Insurance People

How do you decide which vendors to use, who you do business with, and what you want associated with your business?  Whether you are a small business or a large business you are probably thinking a little bit more about your purchasing power and business reputation when you decide who you do business with.  Does moral consciousness play a role in your decision?  There has been a large shift in the way business professionals are making these decisions.  The drive to align themselves with like minded businesses is becoming stronger. Take The International Association of Conscious Professionals for example, they are a network of like-minded entrepreneurs, business owners, and professionals, who are positive, passionate, and inspired to create businesses that give back to the world.

As an independent insurance agency Downey Insurance has the ability to decide which insurance companies we represent, looking only to do business with the best of the best and like minded companies for the benefit of our clients.  After doing some research. we sought out a contract with Travelers Insurance. We now often recommend Travelers Business Insurance to our socially conscious clients which has been a win win for all.  This practice has made us the number one Producing Agent for 2010 for newly appointed agents in Massachusetts. Travelers Insurance has been one of the thought leaders in social responsibility under CEO Jay Fishman, and when it comes to insurance companies and we are proud to do business with them.  Here is an excerpt from an interview from Forbes Magazine with Jay Fishman CEO of Travelers Ins:

“The man has nothing to hide. In fact, his is a remarkable tale of straight-talking his way to success. This is a guy who was once a protégé of Sandy Weill’s and walked away from a big job at Citigroup; who preemptively said no thanks to any bailout from then Treasury Secretary Hank Paulson, even as his peers were taking handouts; who warns his investors that his company’s returns might be lower from one year to the next; who frets that, left unchecked, the government debt crisis will turn into a death spiral; who expresses misgivings about his own abilities; who takes a very long view of his custodianship. “I don’t want to be [just] a caretaker,” he says during a rare couple of interviews. “I want to leave something behind that was better than what I got.”

You’d expect that from the head of the Nature Conservancy. But from a Wall Street mogul?”

You can read the whole article from Forbes Magazine Here.

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In today’s highly competitive business environment you need every advantage to succeed. That’s especially true when it comes to selecting your business insurance via Downey Insurance in Marlborough, MA. Brattleboro, VT. And Keene, NH. Restaurants are unique and shouldn’t be insured like other businesses. In order to meet these specific needs, Downey Insurance has a special restaurant insurance package via Travelers Insurance that broadens and increases coverage where restaurants need it most.  Downey Insurance’s goal is to provide more for the insurance dollar than any of our competitors.

Travelers Insurance IndustryEdge^®Product for Restaurants delivers industry-specific underwriting, risk control analysis and claim service tailored to the nuances of today’s restaurant industry. This restaurant insurance product is available for full-service restaurants Via Downey Insurance , including:

• Family Style
• Upscale Casual
• Fine Dining Establishments

In addition to standard coverage’s, other coverage options include:

• Business Income
• Equipment Breakdown
• Food Contamination
• Spoilage

Submitted by: Heather Olsen, Account Executive, Downey Insurance Group

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USTIANEW YORK, NY–(Marketwire – April 23, 2010) – The US Travel Insurance Association reports that most of its member companies are providing coverage to travelers affected by trip cancellations and delays arising from the volcanic eruption in Iceland. To qualify for coverage, the travel insurance policy must have been purchased prior to the volcano eruption.

“Travel insurance covers travelers in any number of situations. Under the current circumstances, where ash has grounded thousands of flights, travelers are covered because their flights have been cancelled or delayed due to weather; a destination is made uninhabitable; an airport closed for 24 hours or more, and/or airline service has ceased because of natural disaster,” explains UStiA president Jim Grace.

Travel insurance coverage in such situations generally falls into two main categories:

• trip cancellation and interruption provides reimbursement for nonrefundable travel expenses such as airline tickets, prepaid tours, cruises, etc.
• trip delay reimburses expenses incurred, such as hotel accommodations, meals, etc. up to set limits.

In addition, all companies are providing assistance services for travelers who are stranded abroad. Such services include help in rebooking flight arrangements, finding hotel accommodations, facilitating money transfers, notifying work/family, etc.

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