For Release: Contact: David Cordeiro
September 14, 2010 825-2662 Office
Beacon Is A Trusted Choice® Company Partner
WARWICK, RI – Beacon Mutual Insurance Company accepted an invitation to join the national Trusted Choice® consumer branding program for independent insurance agents and brokers in July 2010. Beacon joins only fifty-four other leading insurance companies nationwide to be designated as a Trusted Choice® Company Partner.
In order to qualify for the designation, Beacon had to demonstrate financial strength equivalent to an AM Best "A" rating and show a significant, long term commitment to the independent agent distribution channel. Beacon also had to receive satisfactory comments from the state association of independent agents and make commitments to support the Trusted Choice® Pledge of Performance and the national marketing program of Trusted Choice®. In addition, Beacon agreed to participate in the local marketing campaigns of the Independent Insurance Agents of Rhode Island (IIARI).
The Trusted Choice® Pledge of Performance requires all members to demonstrate a commitment to the concepts of carrier choice, customization of policies, customer advocacy, and to treating all customers as persons, not policies. The Pledge further requires all members to respond to customers in a timely, professional and ethical manner, at all times.
In making the announcement, David Evans, national, Executive Director of Trusted Choice® said, "Beacon Mutual is well-respected and well known by independent insurance agents and their customers in Rhode Island. By Trusted Choice® brand, they are making an investment in their future and the independent insurance agency system while building on their reputation for providing responsive customer service."
Following up on Evans’ comments, Mark Male, Executive Vice President of the Independent Insurance Agents of Rhode Island said, "I am very pleased to see Beacon Mutual join Trusted Choice®. Their philosophy of serving customers is exactly what Trusted Choice® agents in Rhode Island believe in."
Beacon Mutual is a Rhode Island based mutual insurance company whose state-chartered mission is to provide high-quality, affordable workers’ compensation insurance to Rhode Island businesses and to stabilize the state’s workers’ compensation marketplace. Beacon’s underwriters, loss prevention specialists and claims personnel are all located in its Warwick headquarters. Beacon’s local presence contributes to the Rhode Island economy and results in better service for its agents and policyholders.