ISO's Capital Assets Program is an output policy that helps you provide superior coverage and flexible pricing for medium-sized to large manufacturing, industrial, habitational, commercial, retail, wholesale, service, contractors, and institutional risks.
Here's what you get
We've designed the program — which includes policy forms, endorsements, rules, and loss costs — to meet the requirements of today's customer.
With your Capital Assets Program participation, you'll also receive ISO's Capital Assets Premium Calculator software to help you rate accounts that you quote under the program. The software lets you document your pricing rationale. It also allows multiple users to store account information on a LAN. Home office staff can perform quality reviews on each account's documentation and pricing.
Our program provides blanket replacement-cost coverage, without a coinsurance provision, for buildings and business personal property. The program also includes options to value property at actual cash value, agreed value or, for buildings, functional replacement cost. And it includes built-in coverages commonly offered as add-on options in the underwriting marketplace.
You can write ISO's Capital Assets Program as a monoline policy — or package it with other ISO products, such as general liability, commercial automobile, and boiler and machinery.
ISO's Capital Assets Program basic form includes all the following key coverages:
The program also provides automatic-increase coverage for building and business personal property. And the program includes optional endorsements to add or exclude coverage and to amend the limits of insurance.
ISO’s Commercial Inland Marine Program gives you access to information for both filed and nonfiled classes of business.
Capitalize on opportunity in the marketplace with the many commercial inland marine forms and endorsements available from ISO. Our product offerings enable you to provide truly customized solutions for your policyholders.
ISO’s Commercial Inland Marine Program includes the following 50 (filed and nonfiled) classes:
The ISO Inland Marine Handbook includes an exhibit that reproduces the inland marine class information from the NAIC’s 1976 Nation-Wide Marine Definition and displays the ISO forms available for those classes. You can use ISO’s experience information to help benchmark your book of business or decide to expand with new classes. Because the ISO Inland Marine Handbook coverage forms are compatible with forms we make available for other ISO lines of business, the ISO Handbook can be particularly helpful to those insurers who write certain commercial package policies. The ISO Handbook can also be a powerful policywriting reference guide or training tool.
ISO’s State Filing Handbook provides important details on filing rates, rules, and forms in all jurisdictions—including a special section on the filing laws and regulations for nonfiled inland marine.
ISO’s Actuarial Service for our commercial inland marine program provides information you can use to supplement your own experience, helping you make more informed decisions about product pricing, marketing, underwriting, reserve adequacy, and reinsurance needs.