EMERYVILLE, CA--(Marketwire - Mar 14, 2013) - AAA Northern California, Nevada and Utah (AAA NCNU) is expanding from its lineup of personal products with the introduction of commercial insurance. Now, a AAA NCNU member can insure his or her business through the same agent with whom they currently insure their home and auto. AAA NCNU has partnered with Lighthouse Risk & Insurance Solutions, a majority owned subsidiary, to provide insurance for small- and medium-sized businesses.
AAA NCNU branch agents now offer three types of commercial insurance: business owner policies (BOP), commercial auto insurance and office and rental building insurance through partnerships with Fireman's Fund, Travelers and other leading insurance companies. The company's partner, Lighthouse Risk, works closely with agents to handle more complex policies.
"We are pairing competitive pricing and AAA's high quality of service with an opportunity to bring all your insurance needs to the same AAA agent," said Matthew Hull, director of insurance products for AAA NCNU. "We are proud to offer an increasing number of Best in Class products and services to our members."
AAA NCNU will be rolling out this new product line in a phased approach and expects it to be completely rolled out by 2014. The company has offered insurance since 1914 beginning with auto, then adding home in 1974 and life in 1998.
"We look forward to an outstanding partnership with AAA," said Timothy McGrath, chief operating officer of Lighthouse Risk. "Our ability to design solutions for the more complex needs of businesses, combined with AAA's integrity and service will have a great impact on the market."
AAA Northern California, Nevada & Utah offers a wide array of automotive, travel, insurance, DMV, financial services and consumer discounts to over 4 million members. AAA has been a leader and advocate for the safety and security of all travelers since it was founded more than 100 years ago.
Lighthouse Risk & Insurance Solutions (LRIS) is a joint venture between AAA NCNU and several leading insurance industry veterans. LRIS is a managing general agency (MGA) focused on taking advantage of the collective experience of its founders to develop both personal and commercial insurance solutions for AAA members.