Meramec Secure

Real Market Differentiation

Support for Small and Medium Sized Programs
Many companies are not able to support small or mid-sized programs. At Meramec Secure we aggregate multiple programs into our insurance providers allowing for smaller and medium sized programs that others can not support.

Fully Licensed and Insured
Meramec Secure is fully licensed as an Insurance Agency with appropriate Adjuster licenses for P&C programs. Meramec Secure maintains business insurance coverage including E&O, Cyber, General Liability and Property Insurance.

Example Products Supported

Auto & Homeowner Insurance
A great solution for Direct to Consumer Home and Auto Warranty companies to allow cross marketing of Auto and Homeowner Property & Casualty insurance. A perfect fit for marketers to grow income and not have any duties except providing customers for cross marketing. Leveraging a national insure-tech platform, Meramec Secure enables quoting from multiple carriers for the right coverage solutions at a great price. A great benefit for consumers and a good way to add stickiness to a service contract relationship.

Auto & Home Deductible Reimbursement
If you have a claim against your primary home or auto insurance that exceeds your deductible, you receive a reimbursement of your deductible. Benefit level options of $500 or $1,000. Our services include sourcing the solution from our network of carriers and performing the claims administration.

Consumer Products Service Contracts
Designed for OEMs and Retailers looking to offer service contracts (extended warranties) to their customers, this solution includes designing the program, sourcing the right partners to support it providing licensed administrative services.

This is a perfect solution for companies offering replacement programs that don't want to obtain licenses or deal with revenue recognition issues. Products include appliances, electronics, sporting goods, furniture, jewelry, and other consumer products.

Product Warranty Insurance
Product Warranty Insurance is used to help manufacturers and sellers seeking options to offer a longer product limited warranty versus their normal warranty while transferring the risk to an insurance company. A Contractual Liability Insurance Policy (CLIP) often provides this coverage.

Balance Sheet Relief with a One-Time Cost offering a Limited Warranty extension to provide coverage for added years with the OEM or seller keeping a short defined retention period. This solution allows clients to offer a differentiated Limited Warranty and potentially not require a claims reserve on their balance sheet beyond the retention.

Service Contract Reimbursement Insurance
A Service Contract Reimbursement Insurance Policy (SCRIP) is used to comply with state financial guarantee requirements for service contract providers/obligors. In addition, a Service Contract Reimbursement Insurance Policy may also be required by lenders to satisfy their requirements before they advance on a loan that includes a service contract.

Shipping Insurance
Blanketed insurance coverage for customer shipments protects lost, stolen, or damaged items during transportation or delivery. Our services include sourcing the solution from our network of carriers and performing the claims administration.