Introducing ABM: Workers’ Comp Solutions for the Wood Niche
We are often asked by our broker partners if we write Workers’ Comp and we have long had to answer, “unfortunately, no”. That response is typically followed by the request for a recommended carrier, a request whose answer is as variable as the wood industry itself.
We encourage you to ask us again.
In response to our broker partners’ needs, we are pleased to introduce Allied Building Material Agency, Inc. (ABM), a member of the PLM Group. The agency, established in 1935, has lain dormant for many years while remaining fully licensed and operational. As you well know, in April of 2019, PLM acquired AmTrust North America’s book of wood business. With that acquisition PLM was fortunate to have Angelo Ganguzza, Vice President of AmTrust’s wood program, come on board. Angelo came to us with a strong background in brokerage management and Workers’ Compensation. With Angelo’s experience, we made the decision to officially rejuvenate the brokerage to allow PLM to be the one-stop insurance solution for the wood industry, and to develop and improve our relationships with independent brokers throughout the country.
Through ABM, we can assist our broker partners with placement of Workers’ Comp for nearly all types of wood business. We have been appointed with several A-rated national insurance carriers and will continuously monitor and expand our carrier relationships in order to make sure that we’re able to offer the best coverage through the best carriers to our customers based on our knowledge of their specific needs.
As the broker, you will maintain control over your clients’ accounts and continue your relationships with your trusted PLM contacts. By utilizing ABM for your clients’ Workers’ Comp needs, you will be able to decrease your acquisition costs and service your wood business clients faster, all with the continued support of PLM’s 125 years of experience insuring the wood and related building materials industries.
What’s needed for a quote:
- ACORD 125 – General Information, Acord 130 – Work Comp, applications
- A narrative or additional information about the operations and controls in place
- Payroll and employee count by class code
- Loss runs & summary for the current year and at least 4 prior years’ experience (explain any loss > $10K)
- Experience Mod Worksheet
- Expiring payroll and premiums
When you send a wood business submission — be it retail, wholesale, manufacturing, or milling — to NewBiz@plmins.com, please make sure to include the Workers’ Comp submission items as well. Allow PLM to be your one-stop shop for all of your lumber and related building material clients.
Vice President & Brokerage Managing Director
Angelo Ganguzza came to PLM & ABM from AmTrust in the acquisition of AmTrust’s book of wood business. Prior to being with AmTrust, Angelo worked with LUA for years, both on the carrier and brokerage sides of the company. He also has a strong background in Workers’ Comp coverage for wood industry clients, thus making him the perfect person to have leading the ABM team.
Brokerage Underwriting Representative
Janice Fisher has been with PLM via ILM for nearly twenty years. She has been an integral part of PLM’s Customer Service Team during her time here and has been instrumental in the development of and training in programs and processes for employees across the organization. She is well liked and well respected by our brokers and customers alike, and will continue to be a trusted partner to our brokers and PLM team.
Brokerage Marketing Manager
Genevieve has been an Underwriter with PLM for five years and has worked in the insurance industry for fifteen. She has been active in broker outreach, broker shows, and Marketing initiatives during and prior to her time with PLM and has a Master’s Degree in International Marketing from Saint Joseph’s University in Philadelphia. Genevieve looks forward to cultivating a beneficial and ongoing relationship with our PLM broker partners.