Business News: BSI, American Integrity

BSI Acquires Atrium

British Standards Institution (BSI), the business standards company, has acquired Reston, Virginia-based Atrium Environmental Health and Safety Services LLC to expand its environmental health and safety (EHS) Services and Solutions footprint to the US East Coast. The 25 employee Atrium team will become an operating subsidiary of BSI’s Professional Services business and will function under the name, “Atrium Environmental, Health and Safety Services – a BSI Professional Services company”.

Atrium provides a full range of on-site and project-based occupational safety, industrial hygiene and environmental compliance services to clients in the pharmaceutical, facilities management, government and shipbuilding sectors in the National Capital region (Virginia, Maryland and Wash., D.C.).

The acquisition will provide a first East Coast location to complement BSI’s January 2015 acquisitions of EORM on the West Coast, and Hill Country Environmental in Texas, now called BSI EHS Services and Solutions.

Terms of the acquisition were not disclosed.

American Integrity Insurance Launches Umbrella Coverage for Florida Homeowners

Tampa-based American Integrity Insurance Company, a Florida property insurer, announced a new umbrella policy, providing up to $5 million in protection.

Umbrella coverage is designed to help protect policyholders from major claims and lawsuits, with its primary aim at protecting policyholders’ assets and future. Umbrella policies provide liability coverage over and above a homeowners insurance policy. A typical policy offers personal liability amounts that range anywhere from $100,000 to $500,000. American Integrity’s product will provide policyholders with at least $1 million in coverage on top of their underlying policy limits, with possible available limits up to $5 million.

American Integrity’s umbrella policy is available to customers who have a primary residence insured with American Integrity, with some restrictions. Customers must use the same agent for their home, auto and umbrella policies. The insurer’s agents will begin quoting and binding this coverage for new and existing policyholders immediately.

The Hanover Launches Streamlined Payment Solution for Workers’ Comp Policies

Mass.-based The Hanover Insurance Group, Inc. announced the launch of Hanover EZPay, a pay-as-you-go solution for workers’ compensation policies that allows insureds to pay their premiums in real-time, based on payroll, helping independent insurance agents provide better service to their clients.

This new payment solution offers businesses the option to pay their premiums as part of their payroll processes, either by self-reporting payroll at the end of each pay period or by linking Hanover EZPay with their payroll company.

Business owners can now pay their workers’ compensation insurance premiums as each payroll cycle is processed, helping to improve their businesses’ cash flow and reduce audit exposures with real-time premium calculations. This option also offers businesses automatic premium withdrawals and does not require down payments or monthly billing fees.

This new payment option is available exclusively for The Hanover’s elite agent partners across the country and cannot be obtained directly through the company.