Hospitality Mutual Teams Up With Telamon

WESTBOROUGH, MASS.
Hospitality Mutual Insurance Company this week announced that is has established a partnership with Newton-based Telamon Insurance & Financial Network.

Through the partnership, Telamon will act as Hospitality Mutual's insurance aggregator, providing hundreds of independent insurance agents across the Commonwealth with access to Hospitality Mutual's competitive rates for commercial general liability (CGL) and liquor liability coverage.

"By having Telamon act as aggregator, Hospitality Mutual is able to offer our highly competitive rates to more independent insurance agents than ever before," said Hospitality Mutual President John W. Tympanick. He added that Hospitality Mutual is currently offering insurance agents commissions of up to 20% for new business and up to 15% for renewals.

"As a licensed, admitted Massachusetts-based insurance company, Hospitality Mutual not only provides competitive liability coverage but also the assurance that comes from dealing with a reputable, locally based insurance company that specializes in serving the insurance needs of the hospitality industry," Tympanick said.

Telamon has extensive experience in serving non-traditional and higher-risk establishments will also enable more hospitality businesses to take advantage of Hospitality Mutual's competitive coverage options, according to both companies.

"I am very excited about this new partnership with Hospitality Mutual," said Michael J. Susco, Telamon chief executive officer. "This partnership means that the Telamon Insurance & Financial Network will help Hospitality Mutual become the premier market for general liability and liquor liability for restaurants, bars, taverns, nightclubs and package stores.