My New Markets

Nutraceuticals
Nuts & Bolts: MarketScout is offering commercial general liability or products on a claims made basis, defense inside the limits. Target risks include accounts with 20 or fewer products, new ventures and importers. Herbals, botanicals, vitamins, minerals, enzymes, and extracts for human and animal consumption. Program includes some products for weight gain/loss and sexual performance.

Dollars: $1 million/$2 million.
Carrier: Rated “A++” by A.M. Best. Admitted.
States: All.
Contact: John Gaskill at 972-934-4212 or e-mail jgaskill @marketscout.com.

Truckers Motor Truck Cargo
Nuts & Bolts: Frontline Underwriters Inc., an independently owned and operated wholesale MGA, specializes in the placement of Motor Truck Cargo, and offers physical damage and truckers’ liability.

Dollars: $10,000 to $250,000
Carrier: Rated “A” by A.M. Best. Admitted and non-admitted.
States: Ala., Ark., Ga., Ken., La., Miss., Tenn., Texas.
Contact: Jamie Vickery at: 901-473-4946 or e-mail jvickery@frontlineunderwriters.com.

Lawyers Professional Liability
Nuts & Bolts: Professional services include escrow services, title agent, arbitrator and/or mediator. Coverage extends to past, present and future members and employees of the firm; heirs, executors and administrators of insureds. Claim includes civil, criminal, administrative or arbitration proceedings. No retention for disciplinary and grievance proceedings. Deductibles start at $1,000. Defense provided for claims alleging dishonest, fraudulent, criminal or malicious acts of omissions. Innocent partner protection. Coverage provided for reasonable legal fees and expenses for the investigation of or defense in a state licensing board proceeding.

Dollars: Up to $25 million.
Carrier: Rated “A” by A.M. Best. Admitted and non-admitted.
States: All, except Alaska and Hawaii.
Contact: Damien Magnuson at 310-444-9333 at ext. 145 or e-mail damienm@eperils.com.

Medispa & Ambulatory Surgery Centers
Nuts & Bolts: Apogee Insurance Group is now offering coverage for ambulatory surgery centers and entity coverage for the following facilities: orthopedics, cosmetic surgery, gynecology, oral surgery, urology, general surgery and others. Medispa procedures covered include injectibles such as botox, as well as chemical peels, microdermabrasion and others. Bodily injury coverage includes physical injury, sickness, disease, mental anguish or emotional distress. Innocent principal coverage available. Professional incident definition broadened to include persons acting under control, directions or supervision of an insured. Occurrence GL coverage available with $1 million/$1 million limits starting at a $2,500 additional premium. Coverage for medical director can be included. Medical malpractice for doctors not available.

Dollars: $250,000 to $5 million.
Carrier: Rated “A+” by A.M. Best. Admitted and non-admitted.
States: All.
Contact: Greg Barber at 610-337-3200, ext. 30 or e-mail gbarber@apogeeinsgroup.com.

Employment Practices
Nuts & Bolts: International Excess Agency Inc. suggests that companies provide the number of employees, class of business and loss history and they will provide an indication of the types of risks that can be handled. Employee manual not required. Defense outside the limits, third party liability also available.

Dollars: $100,000 up to $5 million.
Carrier: USLI rated “A+++” by A.M. Best. Admitted and non-admitted.
States: All, except Alaska.
Contact: Kenneth Kukral at: 216-797-9700 or e-mail Ken@internationalexcess.com.

Home Inspectors Professional Liability
Nuts & Bolts: Legends Environmental Insurance has introduced a Home Inspector Professional Liability policy. The E&O policy protects against third-party claims resulting from specified professional services rendered by the policyholder. Mold coverage is also available to home inspectors through this program.

Dollars: Up to $2 million.
Carrier: Rated “A” by A.M. Best. Admitted and non-admitted.
States: All.
Contact: Brian McFarland at 888-261-9298 or e-mail brianm@legends-enviro.com