OneBeacon Insurance Group

    property and casualty coverage

    NYSE: OB
    Headquarters: One Beacon Lane Canton, MA 02021 (U.S. Headquarters)
    www.onebeacon.com

    2009 Net insurance premiums written: $1,906,700

    Key officers: Lowndes A. Smith, Chairman of the Board, T. Michael Miller, President & Chief Executive Office, Paul H. McDonough, Senior Vice President & Chief Financial Officer

    The OneBeacon Insurance Group is a holding company of specialty businesses that provide personal, commercial, and specialty property and casualty coverage to its customers. Each of the group’s businesses focuses on providing unique coverage options for professional liability, marine, property, accident and health, collector cars and boats, and tuition refund. While its specialty line businesses are offered throughout the United States, its personal line businesses are concentrated in the Northeast.

    Some quick facts about OneBeacon Insurance Group:

    OneBeacon can trace its roots back to its founding in 1831 as the Potomac Fire Insurance Company, which makes it one of the oldest property and casualty insurance companies in the U.S.

    In addition to OneBeacon’s standard auto policy that includes liability, medical coverages, and property damages, customers can add additional coverage for roadside assistance, accidental airbag deployment, and rental reimbursement while repairs take place following an accident.

    The group recently received an “A” rating from A.M. Best for financial strength.

    Source: Onebeacon.com, Hoovers.com

    Compiled by Life Quotes, Inc. staff

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Copyright ©1984-2012 Life Quotes, Inc., 8205 South Cass Avenue, Suite 102, Darien, Illinois. Life Quotes, Inc. and certain of its personnel are licensed as insurance agents, brokers or producers in all states. CA agent #0A13858, LA agent #200696, MA agent #333509159. dba Life Quotes Insurance Services in CA under agent #0827712, in LA under agent #205078. dba Life Quotes Insurance Services, Inc. in UT under agent #90093. All rights reserved. Telephone (630) 515-0170. Founded 1984.