INSURANCE TECHNOLOGY

FCCI Insurance Group and Michigan Partner to Offer Commercial Insurance Products

FCCI Insurance | March 11, 2022

FCCI_Insurance_Group
FCCI Insurance Group announces its partnership with the Michigan Manufacturers Association (MMA) to offer the members of MMA commercial products and services. The designated and eligible MMA members will access local, designated insurance services, risk control options, and other expertise functionalities. In addition to it, FCCI also promises to offer manufacturers' educational seminars, FCCI Employers EdgeSM, online risk management resources, and online resources providing HR management and employment law information. FCCI's Manufacturers Premier Program thus will feature a group dividend plan based on the combined loss experience of participating MMA members.

The Michigan Manufacturers Association is the state's leading advocate. It focuses on securing a prosperous future for Michigan manufacturers through multiple capabilities such as meaningful education provision, effective advocacy, and strategic business services. MMA was established in 1902. it represents the interests and needs of more than 1,700 member companies. The companies range from small manufacturers to the world's most well-known corporations.

We're thrilled to announce this partnership with FCCI. The Michigan Manufacturers Association strives to provide only the best business programs for our members. We’re proud to add FCCI to our growing high-value member benefits and partnerships list.

John J. Walsh, MMA president & CEO.

FCCI has been offering commercial property and casualty insurance since 1959. It has also provided insurance coverages and services to many businesses worldwide. FCCI is evaluated at $2.5 billion in total assets and can be trusted by every client and company.

FCCI has always supported association programs that recognize the valuable associations for their members and the contributions of skilled workers in the manufacturing industry. FCCI also provides a broad scope of insurance coverages to more than 3,000 manufacturers. Doing this enables manufacturing companies to understand the needs and unique exposures significantly.

We appreciate the confidence that MMA has placed in FCCI. In collaborating with FCCI as its commercial insurance partner, MMA has ensured its members are entrusted to a carrier to meet their needs. We pledge to uphold that trust and look forward to bringing our coverages and service to MMA members.

Greg Kramer, senior vice president for FCCI's Midwest Region.

Spotlight

To examine blockchain’s potential role in insurance, this white paper explores ways the technology can help life insurers simplify death claims processing, a process that requires an already traumatized beneficiary to undergo a time-consuming activity to process basic claims. We examine where a blockchain-based solution can combine the current death registration and the death claims processes into a single, simplified procedure requiring minimum intervention from multiple stakeholders. Apart from focusing on claims processing, the white paper also evaluates through a few representative use cases – how life insurers can adopt and creatively leverage blockchain for automating reinsurance claims, processing subrogation claims payments and ensuring auditability.

Spotlight

To examine blockchain’s potential role in insurance, this white paper explores ways the technology can help life insurers simplify death claims processing, a process that requires an already traumatized beneficiary to undergo a time-consuming activity to process basic claims. We examine where a blockchain-based solution can combine the current death registration and the death claims processes into a single, simplified procedure requiring minimum intervention from multiple stakeholders. Apart from focusing on claims processing, the white paper also evaluates through a few representative use cases – how life insurers can adopt and creatively leverage blockchain for automating reinsurance claims, processing subrogation claims payments and ensuring auditability.

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