| About Us |
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McGraw Powersports Group is presently made up of McGraw Motorcycle Insurance, McGraw Personal
Watercraft Insurance and Western Service Contract Corp with each company’s products underwritten
or backed by Pacific Specialty Insurance Company, an A.M. Best "A" rated insurer domiciled in
California.
McGraw Powersports Group is committed to providing powersports dealers with and their customers
with compliant products of value that build customer loyalty and protects powersports enthusiasts. |
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Founded in 1976, McGraw Insurance Services is one of the nation's largest writers of motorcycle and
personal watercraft insurance and is the affiliated program administrator for Pacific Specialty
Insurance Company, an A.M. Best "A" rated insurance company.
McGraw is a Corporate Member of the American Motorcycle Association (AMA), the Official Watercraft
Insurance Provider of the American Watercraft Association (AWA) and is a proud sponsor of the
International Jet Sports Boating Association (IJSBA) |
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Western Service Contract Corp. is one of the nation's largest independent motorcycle and personal
watercraft service contract providers.
Western's products offer additional protection beyond the manufacturer's warranty, allowing motorcycle
and personal watercraft dealers to establish long-term relationships with their customers beyond the
initial sale of the unit. In 2007, Western added GAP contracts to its low-cost lineup of motorcycle,
personal watercraft and snowmobile extended service contracts. |

| Pacific Specialty Insurance Company (PSIC) - The flagship of the McGraw Group of Affiliated
Companies is recognized as an industry leader in motorcycle and personal watercraft coverage. PSIC
also offers automotive, homeowners, dwelling fire, boat, motorhome, mobile home and commercial
products, and has become the "one spot" independent brokers and agents can source all their
clients' coverage needs
In 2007, direct premiums written exceeded $123,000,000 with assets of almost $258,000,000 and over
$137,000,000 surplus as regards policyholders. The company's five-year average combined ratio is
85.8%, and is evidence of the company's stable operating profitability led by profitable underwriting
operations. These underwriting results are derived from management's conservative and highly-controlled
operating principles, as well as their expertise in the company's core product offerings. PSIC's
outstanding capitalization, conservative balance sheet, and sound liquidity position are reflected
in the A.M. Best A (excellent) rating.
Pacific Specialty Insurance Company (NAIC #37850) is domiciled in California, and admitted in all
states and the District of Columbia. |