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NIP Programs Announces New Insurance Program: GrowPro™

Program Insures Greenhouses, Nurseries and Garden Centers

(Woodbridge, NJ) June 18, 2007 — NIP Programs, a division of NIP Group, Inc., is pleased to announce that it has expanded its green industry insurance offering with the launch of GrowPro™, a new insurance program designed specifically for greenhouses, nurseries and independent garden centers across the country.  NIP Programs is a leader in developing and administering specialty insurance programs to serve certain highly-specialized industries. 

“We created GrowPro as a complement to our LandPro® TreePro™ program, which insures landscapers and tree services,” said Dave Springer, President of NIP Programs. “We are very excited about this innovative new program because for years, brokers have been asking us to write greenhouses or nurseries.  Some of our green industry insureds are also involved in growing and selling plants.  In the past, our brokers have had to search for separate coverage for these operations. My team has put a lot of time and research into developing GrowPro to give brokers a single source to meet their clients’ needs.”

In keeping with NIP Programs’ tradition of partnering with only top-rated markets, GrowPro is underwritten by an AM Best A+ rated carrier (Company Size XV).  Available coverages include General Liability, Business Auto, Property, Product Liability, and several custom endorsements.  The program even includes Workers’ Compensation and Umbrella Liability coverage.

“Our goal is to make NIP Programs a one-stop shop for brokers with green industry clients,” Springer said. “GrowPro is our latest solution to help brokers protect these complex, multi-class exposures, and we will continue to develop and refine our programs and our coverages.  We are also in the process of developing a third program to round out our green industry offering, focusing on excavating and land improvement contractors.”

For more information on the GrowPro program, call 1-800-446-7647 ext. 249 or email nipinfo@nipgroup.com.

About NIP Programs

NIP Programs, a division of NIP Group, Inc., structures and manages business insurance programs underwritten by major insurers for specific industries which are underserved or overpriced by the general insurance market. NIP Programs uses its deep industry knowledge to develop unique underwriting, loss control and claims service models valued by both clients and insurers, and distributes its products through the American Independent Agent System nationally.  Our flagship program, LandPro® TreePro™, is the largest and fastest growing specialty insurance program for Landscapers and Tree Service companies. We also offer GlassPro™ for glass industry professionals.

NIP Group, Inc. is a specialized business insurance and risk management intermediary, ranked among the largest 100 in the United States and providing a wide range of brokerage, underwriting and risk management services to select market segments.  The NIP Group, Inc. traces its roots back to 1929.

 

 

 

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