Insurance Solutions

We Provide Custom Solutions to Your Insurance Needs

MGU SRS is able to offer a complete spectrum of standard insurance products and coverages, specialty insurance, surety and personalized service.  Our vast experience in a wide spectrum of disciplines allows us to service your account with the highest level of quality and expertise.

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Every business is different and has different needs. We take the time to understand your unique concerns and needs. We have the resources and expertise to help safeguard your business against risks. Through our partnership with independent agents, brokers, and consultants we can provide you the tailored coverage you need.

We provide a flexible range of coverages, from traditional lines through specialty lines and are able to:
Support businesses of all sizes; from four employees to thousands
Provide comprehensive packages and custom programs combining coverages you need in a single solution
Whether you're a new startup, a family-owned business, or a multinational Fortune 500 corporation, you can feel confident that we'll work to protect your business.

Small Business Coverages

MGU SRS focuses on the needs of your small business and offers a full range of coverages and services for businesses with fewer than 1,000 employees. We work with locally based, independent agents who are skilled in matching our coverages with your specific needs. As a small business owner or manager, you want to feel confident that your insurance coverage will protect what you’ve worked hard to build. We work with businesses of all types and sizes and have the regional resources and expertise to help. We take a genuine interest and dedicate the time to understand your unique needs.

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Some of the coverage we offer to help protect your business include:

  • Business Owner’s Policy (BOP) and Packages
  • Packaged solutions for small to midsize businesses, which bundle general liability and property coverages together.
  • Commercial Auto Insurance
  • Protection for your owned, leased, non-owned, and hired commercial vehicles as well as the drivers who operate them.
  • Equipment Breakdown Insurance
  • Packaged or stand-alone coverage for property losses resulting from equipment failure.

General Liability Insurance

  • Group Programs
  • Inland Marine Insurance
  • Protection for equipment or materials that frequently move to different locations.
  • Property Insurance
  • Specialty Programs
  • Umbrella Insurance
  • Additional coverage over your existing liability or auto policy to keep your business protected in the event of a substantial loss.
  • Workers Compensation Insurance
  • Employee Benefits

Midsize and Large Business Coverages

MGU SRS offers a broad range of multi-line property and casualty solutions for midsize and large businesses. We understand that every business is different, and that's why we consider your unique risk situation and tailor coverage to best protect your company and employees.

Having the right insurance coverage plays a critical component in your business's success. We understand how to tailor coverage and services to help protect midsize and large businesses with complex business needs.

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Services We Provide Include:

  • Commercial Auto Insurance
  • Protection for your owned, leased, non-owned, and hired commercial vehicles as well as the drivers who operate them.
  • Equipment Breakdown Insurance
  • ​Packaged or stand-alone coverage for property losses resulting from equipment failure.
  • Excess Liability Insurance
  • Can provide higher limits over your existing umbrella policy for added protection against catastrophic events.
  • General Liability Insurance
  • Coverage that protects you and your employees in the event your business is involved in a claim or lawsuit.
  • Inland Marine Insurance
  • Protection for equipment or materials that frequently float to different locations.
  • Property Insurance
  • ​Protects your place of business and the contents inside with additional coverage options including inland marine and equipment breakdown.
  • Reinsurance designed specifically for insurance carriers or self insurance programs that reduces the exposures you face as a provider.
  • Surety Bonds, contract, commercial, and fidelity bonds for regional, national, and multinational businesses.
  • Third Party Administration
  • Umbrella Insurance
  • Voluntary Benefits
  • Workers Compensation Insurance

Controlled Insurance Programs

In addition to full CIP Programs we offer other coverages necessary for large construction projects.  Builders' Risk, Environmental and Professional Liability and "deductible Buy-Back" programs. Controlled Insurance Programs ("CIPs"), although beneficial, are complex insurance products for which there is no standardization in the industry. CIPs vary from guaranteed cost to self-insurance in design.  With our thirty years of experience in the CIP arena, MGU is able to provide a necessary feasibility study to clarify the process for the client and evaluate programs through the multitude of insurance companies that are willing to underwrite acceptable CIPs.

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In addition to full CIP Programs we offer other coverages necessary for large construction projects.  Builders' Risk, Environmental and Professional Liability.

Due to the lack of standardization we have found it necessary to design a special program for subcontractors participating in CIPs. We have designed a Difference in Conditions policy for sub-contractors to allow them to participate under a CIP.  This “Deductible Buy-back" program allows a subcontractor to maintain a lower deductible to which they are accustomed and preserve their cash-flow in a program requiring the exposure of a  large deductible in the contracts awarded.