GNY Massachusetts Branch has a new address! (06/29/2009)
The Massachusetts office has moved to a new location. The new address is 400 Crown Colony Drive - Suite 500, Quincy, MA 02169-0930. All phone numbers and fax numbers remain the same.
Chairman's Message to Policyholders – 2009 (03/10/2009)
GNY is pleased to report that 2008 was another very successful year for their four companies in which they reported profitable combined ratios, excellent underwriting and stable investment returns, and a noteworthy increase in policyholders’ surplus.
[more]
GNY Introduces New Program for Self-Service Storage Facilities (09/23/2008)
This new program includes an array of customized enhancements, such as coverage for
customers’ goods in their care, custody and control, and limited pollution removal.
[more]
GNY Expands Into Indiana (07/27/2008)
In response to the company’s growth in this region, GNY has dedicated staff to serve commercial insurance brokers in Indiana and their clients.
[more]
GNY to Offer Excess and Surplus through GNY Custom (03/17/2008)
GNY Custom Insurance Company will focus on writing low-to-moderate hazard products
liability businesses.
Chairman's Message to Policyholders – 2008 (03/11/2008)
GNY is pleased to announce that it began offering services to Michigan, and will begin expanding further into the Midwest as the year progresses.
[more]
[archived articles]
Archived Articles
GNY Expands into the Midwest (06/06/2007)
GNY is looking forward to forming deep partnerships with commercial lines producers in the
Midwest, with a particular focus on habitational business.
[more]
GNY Announces New Branch Office in Maryland (03/16/2007)
This new GNY office will serve commercial insurance brokers in Maryland, Delaware and
Northern Virginia.
[more]
Chairman's Message to Policyholders – 2007 (03/13/2007)
GNY is pleased to report that as a result of the resourcefulness and hard work of our staff and the solid foundation, GNY had record results in 2006 that were unprecedented in its history.
[more]
GNY Chairman, Warren Heck Honored for Service (09/18/2006)
Warren Heck, chairman and chief executive officer of Greater New York Mutual Insurance Company, New York, N.Y., is the 2006 recipient of the NAMIC's Chairman's Award from the National Association of Mutual Insurance Companies.
[more]
Chairman's Message to Policyholders – 2006 (03/08/2006)
GNY is pleased to report that 2005 was the most successful year for Greater New York Mutual Insurance Company and its two wholly owned stock subsidiaries, Insurance Company of Greater New York, and Strathmore Insurance Company.
[more]
Chairman's Message to Policyholders – 2005 (03/08/2005)
GNY reports the most successful year in the history of Greater New York Mutual Insurance Company and its two wholly owned stock subsidiaries, Insurance Company of Greater New York and Strathmore Insurance Company.
[more]
Chairman's Message to Policyholders – 2004 (03/09/2004)
GNY reports report that 2003 has been the most successful year yet, with company growth and continued conservative leverage ratios - as measured by every standard in our industry.
[more]
Chairman's Message to Policyholders – 2003 (03/11/2003)
GNY reports that 2002 was the fourth consecutive year of significant growth of our Companies, in which our direct written premium increased by 182% from January 1, 1999 to $222.4 million as of December 31, 2002.
[more]
Chairman's Message to Policyholders – 2002 (03/12/2002)
In every important respect our companies made significant progress in 2001, and
reached a new milestone of growth. A. M. Best in its edition of Review & Preview,
subtitled "Everything Changes: P/C Trends Gain Momentum After U.S. Attacks."
[more]
Chairman's Message to Policyholders – 2001 (03/13/2001)
GNY reports gratifying results results in 2000 despite the fact that the results in the
property/casualty insurance industry were unsatisfactory. The poor industry results
were attributed to the cutthroat competition that had existed for many years, as well as
a large shortfall in loss reserves.
[more]
Chairman's Message to Policyholders – 2000 (03/08/2000)
GNY stood strong in 1999, even though A. M. Best predicted that the results of the price war had been so devastating, that one-third of the 1,100 companies in the United States will have lost operating autonomy or otherwise withdrawn from the market in the next five years.
[more]
Chairman's Message to Policyholders – 1999 (11/01/1999)
As many of our peer competitors are struggling with underpriced business and
inadequate reserves, our market is witnessing a noticeable flight to quality.
Our companies are benefiting from this trend.
[more]
Featured Success Stories:
GNY Quickly Pays $1,000,000 Claim to New Client
“What happens if you’ve just moved your business to a new insurer, then suffer a million dollar loss? That’s exactly what one of my clients found out right after he moved the coverage for his large condominium complex to GNY. In true GNY fashion, GNY paid the initial, major portion of the loss—$1,000,000—within 90 days of the fire. The company stepped right up to the plate to do the right thing immediately, without being pressured. That just proves the old adage: all insurance companies seem the same, until you have a loss. That’s when GNY truly shines.” — Paul E. Felsen, CPCU, GNY Producer
Property Owner Says “GNY...No Question!”
One of my property manager clients has a portfolio of different size buildings. I explained to him that he might want to consider insuring different size buildings with different size companies. But after the experience he’s had with GNY on just a few of his properties, he stated that his property should be insured with GNY, no question.” — Sal LoPinto, GNY Producer
[other success stories]
Other Success Stories:
There are currently no other stories posted