The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com.
Investigators
Market Detail: The Mechanic Group Inc. offers errors and omissions, commercial excess, contractors general liability, workers’ comp, directors and officers, umbrella, liability, contractors license bonds, and employment practices liability.
Available limits: As needed.
Carrier: Unable to disclose, admitted and non-admitted available.
States: All.
Contact: Marc Katz at 800-214-0207or e-mail: mkatz@mechanicgroup.com.
Luxury Boats, Mega-Yachts
Market Detail: ACE Recreational Marine Insurancehas introduced a significantly enhanced version of its Elite Yacht Program designed exclusively for high-value yacht owners through INAMAR Recreational Marine, the marine marketing and underwiting division of ACE USA. This program is designed specifically for vessels valued at $5 million or greater. It includes new benefits such as waiver for the hull physical damage deductible if the loss amount exceeds that deductible. Other benefits and features include: worldwide navigation limits, fine arts coverage, captain and crew coverage, loss of charter income, rental reimbursement and marine environmental damage benefits, along with many other distinctive policy provisions.
Available limits: As needed.
Carrier: ACE American Insurance Co.
States: All.
Contact: Len Algigi at 813-281-1330or e-mail: len.algigi@acegroup.com.
High Limit Disability Insurance
Market Detail: RIVA Annuity and Life Insurance Services provides high combined and single limit (SDI/IDI) disability coverage. Written on an admitted (IDI) and surplus (SDI) basis for celebrity and athlete programs, surgeons and professionals, endorsement and contract indemnification. Business continuity programs available.
Available limits: Minimum $5,000, maximum $100 million.
Carrier: Unable to disclose, admitted and non-admitted available.
States: Calif.
Contact: David Pauli at 415-578-4409 or e-mail: David@RIVA-INS.com.
RV Park and Campground
Market Detail: Leavitt Recreation and Hospitality Inc. provides a specialty program through Fireman’s Fund for RV parks and campgrounds. Appetite contemplates hazards specific to campgrounds such as: bouncy pillows, LP fill stations, pools, spas, boat rental, playground equipment and more.
Available limits: As needed.
Carrier: Fireman’s Fund Insurance Co.
States: All states except Hawaii and Alaska.
Contact: Chris Hipple at 605-423-4341 or e-mail: chris-hipple@leavitt.com.
Specialty Contractors
Market Detail: NIF Insurance Services of California offers its Artisan Pak and other specialty contractor programs with general liability, auto, property, inland marine, excess, and workers’ comp coverages. Franchise agency approach provides partner agencies access to variety of programs and services not accessible by general market. Competitive pricing, package policy, monthly direct bill pay plan, premium audits up & down, monthly report (admitted), and quick quote turnaround times.
Available limits: As needed.
Carrier: QBE the Americas.
States: Ariz., Calif., Nev.
Contact: George Hill at 916-566-1000 or e-mail: ghill@nifgroup.com.
Auto Haulers’ Motor Truck Cargo
Market Detail: Pipeline Wholesale Insurance Services offers a specialty program for auto haulers with a $1,500 minimum premium. Discounts are available with three or more units.
Available limits: Minimum $50,000, maximum $5 million.
Carrier: Lloyd’s of London.
States: All.
Contact: Phil Duncan at 877-465-7473 or e-mail: phil@pipelinewholesale.com.
Forced-Placed All Risk Hazard
Market Detail: Collateral Protection Insurance Agency Inc. offers forced-placed all risk hazard insurance that covers residential and commercial properties. This program is used for banks, credit unions, savings banks, mortgage companies and investment companies that secure their loans with real estate and require the customer to maintain hazard insurance. The coverage applies to first mortgages, second mortgages, home equity loans and lines of credit. The financial institution is the insured and once they are aware that no insurance exists covering a loan, they will force-place this insurance. This program is also used to cover foreclosed properties. Two different programs offered, one with tracking and the other on a blanket basis. Wind/Hail coverage may not be available in coastal areas.
Available limits: Maximum $1 million.
Carrier: Unable to disclose, non-admitted and admitted available.
States: All except N.Y.
Contact: John Cornelius at 800-366-0036 or e-mail: jcornelius@cpiai.com.
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