Business Insurance

As one of the leading insurance firms in the region, People’s United Insurance Agency has been serving New England businesses for more than 100 years. And, unlike most firms, we specialize in business insurance. We'll craft a comprehensive solution to protect your entire business, including all your property, equipment, casualty, life and health insurance needs.

Our close relationships with many of the nation's top insurance carriers, combined with the volume of insurance we provide, allow you to enjoy extremely competitive prices. The result is valuable coverage for your business, serviced by friendly professionals at a very reasonable cost.

Our Services Include:

  • Business property insurance

    We can arrange cost-effective insurance coverage for your business property needs. Our experienced Insurance Specialists can provide assistance with:

    • Building Coverage
    • Business Personal Property
    • Business Interruption
    • Intellectual Property
    • Employee Dishonesty
  • General liability insurance

    All businesses are exposed to third-party complaints and lawsuits based on legal theories of negligence. Insurance for defense of these lawsuits and settlement of third-party claims for negligence can be covered under a general liability policy.

    General Categories of Business Injuries: 

    • Premises and Operations Exposures – Bodily injury or property damage caused to third parties by the business' building occupancy or business methods.
    • Product and Completed Operations Exposures – Bodily injury or property damage to third parties by the business's manufactured goods or finished work.
    • Contractual Liability Exposures – Bodily injury or property damage to third parties that is assumed by the business when under written contract. For example, certain businesses, like contractors, assume substantial risk each time they take on a new job.
  • Business auto insurance

    If your business owns, leases or rents vehicles, or requires employees to use their vehicles on the company's behalf, your company has a risk exposure. While state law requires certain basic insurance for owned and leased vehicles, your firm may also be liable for damages caused when temporary vehicles are rented to employees or employees use their vehicles for business purposes.

    If a firm owns more than five vehicles, it is considered a "fleet" by underwriters and will receive a volume discount or special rate consideration. Keeping the list of active drivers "clean" of violations and accidents helps the fleet operation keep auto insurance costs down. A well-disciplined maintenance schedule is another key method to keep rates low.

    Our Insurance Specialists can help you design a driver training supervision and vehicle maintenance program to reduce losses.

  • Workers' Compensation and Disability payroll deduction programs

    Every state requires most employers to provide either formal Workers' Compensation insurance or post some form of financial responsibility for injuries or sicknesses suffered by employees while in the workplace. The law in each state of employment defines coverage. Every job in America falls into one of hundreds of broadly defined job classifications published by the industry standard National Council of Compensation Insurance (NCCI). Each classification, by state, has an assigned rate per $100 of employee payroll.

    The final premium is further modified by the following factors that can include an experience rating, state taxes, and variable rating offered by some insurers that deviates from NCCI suggested rates. Because so many states have their own variations on Workers’ Compensation policies, it is important to have an expert who can clarify this complicated area.
    Our Insurance Specialist can work with your risk management team to develop the best Workers' Compensation program to meet your needs.

  • Excess Liability/Umbrella and business owners' policies

    Choosing the proper amount of liability coverage can be challenging, and buying the "right" amount of liability insurance for general, auto and employer's liability is not an exact science. Business owners and decision makers should consider the total assets of the business that are exposed to third party suits as well as the likelihood of a major, catastrophic lawsuit.
    An excess liability or "umbrella" policy is an important risk management tool. This policy is used to increase or "buy up" limits of coverage in addition to general, auto and employers liability insurance. These premiums are generally lower than if each individual underlying policy were to be issued at the individual higher limit.

    We can help you understand and select the proper amount of coverage for your business.

  • Expertise in the construction industry and bonding
  • Cyber liability and fraud protection
  • 24-hour, toll-free claims service

For more information on how we can help protect your business, please call us at 800-303-5408 or email or click here for a list of our office locations.

Employee Benefits

Most employers share a common goal of wanting to control costs while offering employees a quality benefits package. Employee benefit plans are one of our specialties. With more than 100 years of experience, we can help you design, develop and manage a plan for your business and your employees.

We provide analysis and the development of employee benefits programs that include:

Group Benefits Plans
We understand that your employees are your greatest asset. Our dedicated benefits team will work with you to design and implement comprehensive, affordable and custom-designed solutions that create added value, making your business a highly desirable place to work.

We can help you streamline costs and maximize benefits by reviewing your current benefits plan and redesigning the appropriate aspects of your employee coverage. We offer coverage that includes, but is not limited to, the following:

  • Health Insurance – Choose from a broad selection of managed care networks, plan designs and administrative capabilities to design a program that fits your company's needs. The insurance carriers we represent are all highly rated and well known.
  • Dental Insurance –  A choice of fully insured, self-funded or voluntary benefits plans for employees.
  • Life Insurance –  Benefits are available through employers to help protect employees and their families from the financial consequences of death.
  • Disability Insurance –  Protection available through employers to replace your employees' income should they be unable to work due to a disabling illness or injury.
  • Business Travel Accident Insurance – Allows employers to provide extra financial protection for families of employees who travel for business.
  • Prescription Benefits –  Pharmacy benefits have become one of the most high profile areas of employee health benefits, both from an economic and a member desirability and satisfaction standpoint. We have the expertise and resources you need to truly serve your pharmacy benefits needs.

We will also review alternative funding methods for cash flow advantages, such as partially self-insured, minimum funding or administrative-services-only plans. Billing, claim and eligibility review, underwriting and benefit analyses are also available. We also offer voluntary benefits (section 125 plans) that you and your employees can select and pay for on a pretax basis. Payroll deduction is available with most programs.

Retirement Planning
We work with employers to develop retirement programs that meet their needs as well as their organizations’ goals. We will design, review and implement a complete retirement program.

A valuable retirement plan provides employers with a secure retirement program that balances costs, educates employees on the benefits of their retirement plan, and helps them plan for their futures.

To make sure employees enjoy the fruits of their labors, we work with employers to develop retirement programs that meet their needs as well as their organization's goals. We will design, review and implement a complete retirement program for your business. Our services include:

  • Defined Contribution Plans – 401(k), 403(b)
  • Defined Benefit Plans – Pension Plans
  • Retirement Plan Consulting
  • Employer Education
  • Employee Education
  • IRAs, Rollover IRA's
  • Retirement Income Distribution Planning
  • Annuities – Immediate, Deferred, Fixed, Variable, Equity Indexed

Group Discounted Insurance Programs
This program offers quality auto, home and other personal property insurance for your employees with a combination of advantages you won't find elsewhere.

People's Advantage is a voluntary property and casualty insurance program designed to help your employees get more from their personal insurance. This program offers quality auto, home and other personal property insurance for your employees with a combination of advantages you won’t find elsewhere.

How Does It Work?

Your employees will be eligible for the Group Discounted Insurance Program and all of its benefits because you, the employer or group, make it available to them. With People's Advantage, it pays to be part of a group because your employees can take advantage of program features that are not available to individual policyholders. These include:

  • Special group rates and discounts designed to save your employees money. (Connecticut only)
  • Convenient payment options like payroll deduction (where available) and EFT (Electronic Funds Transfer) that can eliminate the need to remember payment due dates, receive bills in the mail or write checks to pay premiums. With payroll deduction, there are no interest fees or service charges.
  • People's Advantage offers professional insurance counseling, dependable customer service and 24 -hour claim reporting.
  • No employer costs for participation or implementation, including marketing program launch, enrollment and servicing.

Individual Benefits
Whether you are looking for life insurance, disability income, long-term care or individual health insurance, our agency can assist you. As an independent agent, we have access to a variety of companies that can offer the right plan for any situation.

Through our various partnerships we have access to many top-rated companies that offer individual insurance benefits. We can work with you to design a plan for you and your family that will fit your individual needs and budgets. Our individual insurance products include:

  • Life Insurance (Term and Permanent Life)
  • Individual Major Medical Insurance
  • Short Term Medical
  • Long Term Care Insurance
  • Disability Income Insurance
  • Annuities

For more information on how we can help protect your business, please call us at 800-303-5408 or email


We are nationally recognized as leaders in meeting the insurance, risk management and bonding needs of contractors. We utilize insurance programs ranging from evaluation of bond premiums, and corporate and personal indemnity requirements, to bond request procedures and analytical processes and underwriting.

Our bond professionals are surety experts who are licensed in all 50 states and can assist your business with the level of bonding you need for the best possible terms and pricing.

For more information on how we can help protect your business, please call us at 800-303-5408 or email

Risk Management Services

Are your existing risk management systems providing you with the protection you need?

As experts in identifying and providing risk management solutions, our Risk Management division is dedicated to reducing total cost of risk in the hazard lines of property/casualty insurance. Our professional staff works together to address not only pre-loss and point of loss, but also post-loss issues as well. The integration of "best practices" brings about an efficient and effective Risk Management Program. Our methodology can involve up to five phases depending upon client need:

  • Risk identification
  • Risk measurement
  • Risk management objectives
  • Action planning - solution generation
  • Monitor, adjust, improve

We can help you identify the strengths and weaknesses of existing risk management systems and assist in establishing benchmarks, developing and modifying loss control programs, evaluating the claims management process, and providing assistance to reduce your exposure to loss and claim dollars after a loss has occurred.
By coordinating with your insurance company and its resources, we can direct and provide the degree of services needed to impact your loss exposures and, ultimately, insurance premiums. Our available services include:

  • Safety and Loss Control

    Our professional loss control and injury management staff will assist with the development and implementation of on-site safety programs, committees and disaster planning guidelines, and help your employee relations area understand and comply with OSHA and other federal regulations.  There is also an initial risk management self-evaluation that includes assistance in the formulation of measurable loss control objectives, an action plan to meet these objectives, and a clear analysis of your current risk management program's strengths and weaknesses.
    Our RMSD database tracks activities, progress, budget, and can create an up-to-date Stewardship Report at any time for status and management reporting.

  • Claim Management

    Even with the best loss control practices, claims still occur. When they do, our Claim Consultants are available to assist you in obtaining recoveries and reimbursements as well as reducing claim reserves to lower dollars spent. We will review claim and loss reports for accuracy to ensure that reserves are established at fair and reasonable levels. We will also initiate discussions with insurance companies to reduce reserves we believe are excessive. Our Claim Consultants can assist in the development of claim procedures and provide information on action to take in case of a catastrophic loss.

  • Workers’ Compensation Analysis

    Using a predictive software tool and years of insurance expertise, we can create different scenarios to determine the effect of implementing various loss control measures in your daily work environment. Often, this analysis can provide premium savings for our clients. In many situations, even with previous claims, some clients have enjoyed credits from prior policy terms.

    We have the ability to analyze your business' Workers' Compensation experience modification factor (mod) worksheets, to determine the validity of the mod calculated by the National Council on Compensation Insurance, Inc. (NCCI). A claim review, prior to the valuation date for NCCI filings, will keep your business' claim experience mods as accurate and as low as possible, and your company as marketable as possible assuring you of the best rating program available. We find an average of 30% errors on experience mod calculations.

  • Insurance Premium Audits

    We have a full-time premium audit specialist on staff with more than 35 years of premium audit experience to ensure that our clients are not overcharged on their premium audits. We have been so successful in this area with our own clients that we now offer these services to clients of other insurance agencies through our Audit Review Services Program.

    Audit Review Services offers non-insurance clients the opportunity to have their own premium audits checked for accuracy, but we don't stop there.  We also check experience modification calculations, claim loss runs and perform policy reviews. If we do not find any errors, we do not charge a fee. If we do find errors, we share equally in the savings.

    For more information on how we can help protect your business, please call us at 800-303-5408 or email

People's United Insurance Agency also offers a Safety Management System as an integral part of our risk management service. The "Safety Strategy" is a loss control system for employer Workers’ Compensation, property, liability and automobile exposures. It is designed to help employers comply with OSHA and related state safety laws. The system has over 115 hazard topics built in, with customizable options for your specific needs.

If you would like more information on this "Safety Strategy System", please call us at 800-303-5408 or email

Specialized Industry Insurance

Special Programs
Practitioners in specialized industries require custom-designed protection that addresses their particular needs. At People's United Insurance Agency, we excel at providing insurance products that meet the unique requirements of a number of specialized industries.

Over 25 years ago, we formed a Special Programs division to focus solely on coverage for affinity groups. Today, serving hundreds of agents and brokers, People's United Insurance Agency is one of the most experienced Managing General Agents and regional administrators of special programs in New England. In addition, several of our programs are available in all 50 states.
Our specialized overages include:

  • Liquor Liability

    People's United Insurance Agency has been a Liquor Liability Managing General Underwriter for 25 years. Now, through our partnership with an A-rated company, we offer an expanded program that covers all classes of liquor licensees in all 50 states, including coverage up to $1,000,000 each common cause/$1,000,000 aggregate. All classes of risk with a valid liquor liability license are considered, including special events. Risks with adult entertainment are ineligible.

    For a quote, please complete, sign and submit a People's United Insurance Agency liquor liability application (non-binding indications can be provided from competitor’s applications).

    To learn more about coverage or eligibility, please call our Special Programs division at 800-639-7526 or email

    To apply today, click on one of the following two applications:

    People's United Insurance Agency is a member of the Professional Liability Underwriting Society and the National Association of Professional Surplus Lines Offices.

  • Professional Liability for Lawyers

    This Lawyers Professional Liability Program is administered countrywide by Target Insurance Services, but in Maine, New Hampshire and Vermont, it is offered through People's United Insurance Agency. For details about the Program (coverage features, applications, etc.), please visit

    If you have questions about coverage or eligibility in Connecticut, Massachusetts or New York, please call our Special Programs division at 800-639-7526 or email

  • Professional Liability for Accountants

    PUIA is the exclusive administrator in Vermont, New Hampshire and Maine for the Professional Liability program, underwritten by The Hanover. It is a valuable policy, and one that you will find useful even if you never have a claim. The policy includes:

    • Local representation
    • No 'hammer' clause
    • Subpoena assistance
    • Pre-claim assistance
    • Risk Management benefits & services
    • Expert claims handling
    • Defendant's reimbursement
    • Regulatory inquiry coverage
    • Network risk and privacy event coverage

    Coverage Highlights

    • $10,000 First Dollar Defense
    • $50,000 sublimit Employment Practices Insurance
    • $50,000 sublimit Crisis Event Insurance
    • Return of Fees Endorsement
    • Additional Payment Options with No Financial Charges

    The Hanover
    As an "A" rated carrier and financial leader since 1852, The Hanover has developed a dedicated team of Underwriters, Risk Managers and Claims Specialists composed of highly knowledgeable professionals who have been underwriting and servicing accountant firms for more than 20 years. They understand the industry and challenges you are facing in today's rough economic conditions, and are dedicated to helping you manage your risks and meet your insurance needs.

    To learn more, please call our Special Programs division at 800-639-7526 or email

  • Complete liability packages for orthotic and prosthetic practitioners and manufacturers

    Customized Solution for Orthotic & Prosthetic Professionals

    Your clients demand a custom solution when they come to you for an orthotic or prosthetic device. And just like your clients, your business demands an insurance solution custom-tailored to your industry’s unique risks — complete coverage that will protect all facets of your business.

    That’s why People's United Insurance Agency has teamed up with The Hanover, a proven and stable performer for over 160 years, to develop a comprehensive insurance program designed by our highly specialized experts specifically for firms that fabricate, sell and fit orthotic and prosthetic devices.

    Hanover Orthotics Advantage

    Our powerful solution provides end-to-end coverage to meet all your needs under one roof. We understand the unique exposures associated with orthotic and prosthetic providers. Working closely with Hanover’s experienced underwriters and risk management professionals, we can design customized coverage and value-added services that offer best-in-class protection.

    Core Coverage

    • General Liability (including Products/Completed Operations), Professional Liability, Auto, Property, Inland Marine and Umbrella coverage

    Specialized Coverage

    • Professional Liability is available on either Occurrence or Claims Made coverage forms with option for separate limits of insurance
    • Physical and Sexual Abuse Coverage
    • Independent Medical and Non-Medical Contractors Coverage
    • Medical Director’s Coverage
    • Administrative Defense Coverage endorsement covers expenses related to any federal, state, local or other third-party investigations (i.e., Medicare/Medicaid, HIPAA)
    • Data Breach Coverage

    To learn more, please call our Special Programs division at 800-639-7526 or email

    Orthotic & Prosthetic Applications:

  • Special insurance programs for associations and other groups

People's United Insurance Agency is a member of the Professional Liability Underwriting Society and the National Association of Professional Surplus Lines Offices.

To learn more about how People's United Insurance Agency can help your specialized business needs please call us at 800-639-7526 or email

About People's United Insurance

People's United Insurance Agency is a full-service insurance agency with headquarters in Hartford, Connecticut. As a Top 100 Property and Casualty agency, PUIA has been serving the insurance needs of consumers, businesses and business owners for over 100 years. The Agency also offers group insurance and employee benefit plans, risk control services and a Special Programs division.

People's United Insurance Agency is a wholly-owned subsidiary of People's United Bank.

Click on one of the following links to learn more about our services:

To learn more about our People's United Insurance Executive Management team click here.

For more information on how we can help protect your interests, please call us at 800-303-5408 or email

Related Information


Insurance available through People's United Insurance Agency, a subsidiary of People's United Bank, N.A. Insurance Products are:



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