SOURCE: The Main Street America Group

January 10, 2008 09:45 ET

The Main Street America Group Introduces Main Street Station for Bonds

Proprietary System Streamlines Surety Bonds Ordering and Processing for Independent Insurance Agents

JACKSONVILLE, FL--(Marketwire - January 10, 2008) - The Main Street America Group, a super-regional property-casualty insurance carrier, announced today the introduction of Main Street Station for Bonds, its new state-of-the-art surety bonds ordering and processing system.

With this proprietary bonds issuance system, Main Street America's independent insurance agents can use Main Street Station to electronically order and process new miscellaneous surety, license, permit, probate, court and fidelity bonds, as well as execute renewals, endorsements, billings and cancellations.

"Main Street Station offers our agent-customers one of the best technology solutions available in the industry today for processing bonds," said Brian Beggs, Main Street America's vice president of bonds. "It is an intuitive system and so easy to use that any agent, even without prior bonds experience, can process a bond very quickly."

Beggs added, "Producers can process a simple bond in under two minutes, using just a few screens on our system. Not only is the system fast, but it will also produce more accurate bonds, as the fully electronic process eliminates errors and duplication of effort that can result from a manual process.

"We are very excited to deliver this system to the market and hope that our agent-customers will welcome this new opportunity to increase their revenue through expansion of their bonds business with Main Street America."

Main Street America offers a full array of competitively priced contract/construction, fidelity and commercial surety bond products for a wide range of businesses and individuals. The company is included in the U.S. Department of the Treasury's Listing of Approved Sureties (Department Circular 570) and qualified for single bond issuance of up to $54 million.

About The Main Street America Group

With roots dating back to 1923, The Main Street America Group is a super regional insurance company that operates four property-casualty insurance carriers: NGM Insurance Company, Old Dominion Insurance Company, Main Street America Assurance Company and MSA Insurance Company. Based in Jacksonville, Fla., Main Street America offers a wide range of commercial and personal insurance products, and fidelity and surety bond products, to individuals, families and businesses.

With approximately $850 million in direct premium written exclusively by more than 1,300 independent insurance agents, the 85-year-old company insures more than 500,000 policyholders along the Eastern Seaboard from Maine to Florida. The company has regional offices in Jacksonville; Keene, N.H.; Richmond, Va.; and Syracuse, N.Y., and a claims reporting center in Auburn, Mass. A.M. Best Company rates The Main Street America Group as an "A" (Excellent). Main Street America is the founding company partner of Trusted Choice®, the global branding program of the Independent Insurance Agents & Brokers of America. For more information about Main Street America, visit www.msagroup.com.

Contact Information

  • Contact:
    Mark Friedlander
    The Main Street America Group
    (904) 380-7461
    Email Contact