My New Markets

June 18, 2007

Privacy Protection

Nuts & Bolts: ELM Insurance is offering privacy protection insurance that includes coverage for: electronic and non-electronic security events including phishing, social engineering and physical theft. Sub-limited coverage for 1798* security breach, breach of statute including HIPAA (Health Insurance Portability and Accountability Act) and GLB (Gramm Leach Bliley Act of 1999). Breach of confidence, or violation/infringement of any rights to privacy. Infringement of intellectual property rights, dress, cyber squatting, moral rights violations or any act of passing-off defamation. Negligent transmission of a computer virus, worm, logic bomb or Trojan horse is also covered.

Dollars: $1 million to $10 million.

Carrier: Rated “A” by A.M. Best. Non-admitted.

States: All.

Contact: Fred Fisher at 310-322-1301 or e-mail ffisher@e-o.com.

Parking and Valet Operators Program

Nuts & Bolts: U.S. Risk Brokers is now offering general liability and garage keepers legal liability on a broadened, ISO based form that has been tailored specifically to meet the coverage needs of businesses engaged in the parking of customers’ cars: including self-parking garages and lots, assisted parking, valet parking, and special-events parking.

Dollars: Varies.

Carrier: Fireman’s Fund Group rated “A” XV by A.M. Best. Non-admitted.

States: All.

Contact: Connie Chalayan at 949-863-0020, ext. 201 or e-mail conniec@usrisk.com.

Boiler & Machinery

Nuts & Bolts: Travelers is now offering boiler and machinery equipment breakdown coverage. Products, flexibility and service needed to provide protection for clients ranges from small Main Street operations to Fortune 100 companies.

Dollars: Varies.

Carrier: Travelers, rated “A+” by A. M. Best. Admitted.

States: All.

Contact: Jason Angilan at 913-402-4949 or e-mail BOILER@travelers.com.

Family Entertainment Centers

Nuts & Bolts: A program specifically tailored for family fun centers and endorsed by International Association of Amusement Parks and Attractions (IAAPA) is available through American Specialty Insurance & Risk Services Inc. Types of coverages available include: general liability; excess/umbrella; liquor liability; commercial auto; property. Various deductible/SIR options.

Dollars: $1 million per occurrence/$2 million aggregate/$5 million excess.

Carrier: Rated “A+” by A.M. Best. Admitted and non-admitted.

States: All.

Contact: C.J. Mills at 800-245-2744 or e-mail cmills@amerspec.com.

Artisan Contractors

Nuts & Bolts: Conway E&S Inc. is now offering artisan contractors’ supplemental coverage. Applications are available. New business is accepted.

Dollars: Varies.

Carrier: Rated “A+” by A.M. Best. Non-admitted.

States: Ohio, Pennsylvania and West Virginia.

Contact: Heidi Varner at 724-779-9700 or e-mail hvarner@conwayes.com.

Restaurants, Bars, Taverns

Nuts & Bolts: National Insurance Under-writers is now offering a new market for the following: fine dining facilities, family style, fast food, take out (package program including food spoilage and power interruption), liquor liability coverage available. General liability and property (wind coverage) is also available.

Dollars: $1 million to $2 million.

Carrier: Rated “B+” by A.M. Best. Admitted.

States: Florida.

Contact: Craig Calver at 800-338-2680 or e-mail ccalver@niuw.com.

Pest Control Operators

Nuts & Bolts: National Insurance Underwriters is offering coverage for general household pest control/exterminating, lawn and ornamental spraying as well as fumigation.

Dollars: $1 million to $2 million.

Carrier: Rated “B+” by A.M. Best.

Admitted.

State: Florida.

Contact: Craig Calver at 800-338-2680, ext. 232 or e-mail ccalver@niuw.com.

Topics AM Best

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Insurance Journal Magazine June 18, 2007
June 18, 2007
Insurance Journal Magazine

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