Great American Insurance Group

Overview

Company Name: Great American Insurance Group

Headquarters: 49 E 4th St #300N, Cincinnati, OH 45202, USA

Website: gaig.com

Industry: Insurance, with a focus on specialty insurance services

CEO: The current CEO is Harvey L. Friedman.

Short History

Great American Insurance Group has a storied background that dates back to 1872 in the heart of Cincinnati, Ohio. Initially known as the Great American Insurance Company, it quickly established itself as a significant player in the insurance market by delivering a diverse range of solutions. Over the decades, the company has diversified, expanding its offerings to include commercial, personal, and specialty insurance lines.

This growth has often been driven by strategic acquisitions and collaborations. Today, Great American operates as a subsidiary of the American Financial Group, a publicly traded holding company that enhances its extensive range of insurance products.

Main Products or Services

Specialty Insurance Solutions for Aviation and Aerospace

Great American Insurance Group is renowned for its specialty insurance offerings, particularly in the aviation and aerospace sectors. It provides tailored coverage designed for:
- Private Jets: Comprehensive coverage that includes hull insurance and liability coverage for third-party damages.
- Aircraft Rental: Solutions catering to rental fleets and charter service operators.
- General Aviation: Tailored packages for non-commercial aircraft owners and operators.

Other Services or Products

Diverse Insurance Offerings Beyond Aviation

In addition to its aviation-focused products, Great American Insurance Group also supports various other sectors, including:
- Construction: Insurance for builders, contractors, and subcontractors with specialty programs.
- Environmental Coverage: Protecting businesses against pollution and environmental liabilities.
- Professional Liability: Comprehensive insurance for professionals across diverse industries.
- Workers' Compensation: Ensuring employers can protect employees against work-related injuries.