My New Markets

September 3, 2007

Technology E&O

Nuts & Bolts: International Excess Agency Inc. is offering technology errors and omission coverage that combines tech E&O with network security, media and advertising and miscellaneous professional liability coverages. Coverage includes: E&O cover for both technology products and services; computer and network security liability; multimedia and advertising liability; unintentional breach of contract; and trade secret misappropriation.

Dollars: $100,000 to $20 million.

Carrier: Beaszley Insurance Co. rated “A” by A.M. Best. Admitted and non-admitted.

States: All.

Contact: Kenneth Kukral at 216-797-9700, e-mail Ken@internationalexcess.com.

Roofing Commercial General Liability

Nuts & Bolts: National General Insurance Agency Inc. is offering roofing coverage limited to three stories or less. No foam applications are accepted, but all other roofing contractors are accepted.

Dollars: $500,000 to $2 million.

Carrier: NCIC rated “A-” by A. M. Best. Nonadmitted.

States: Ariz., Calif., Colo., Fla., Ill., Nev., N.M., N.Y., Texas and Utah.

Contact: Bob Rock at 866-522-6869 ext. 777 or e-mail bobrockllc@cox.net.

Nightclubs

Nuts & Bolts: Sierra Underwriters Inc. is offering coverage for sports bars, cafes, restaurants, taverns and BYOB restaurants, including commercial general liability, liquor liability and property/contents coverage.

Dollars: $1 million/$2 million.

Carrier: Rated “A” by A.M. Best. Admitted and nonadmitted.

States: All.

Contact: Brian Boneck at 702-564-1927 or e-mail bboneck@sierraunderwriters.com.

High Value Homeowners

Nuts & Bolts: MarketScout is offering coverage for homes more than $1 million in value. Coverage includes wind and earthquake. Auto, yachts, fine arts and all ancillary coverages are also available.

Dollars: $50,000 to $1 million.

Carriers: Rated “A” by A.M. Best. Admitted.

States: All.

Contact: Kandi Taacki at 630-377-9460 or e-mail ktaccki@marketscout.com.

Auto Repair Shop Pollution Liability

Nuts & Bolts: USAssure Insurance Services is offering a market that includes auto repair shops, as well as facilities that provide: oil change facilities, motor vehicle dealers, tire sales and repair, and auto parts stores. Coverage provides first-party and third-party claims coverage, and can be used to meet U.S. EPA financial responsibility.

Dollars: Up to $2 million.

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

States: All, except Hawaii.

Contact: Jenny Roberts at 904-224-8970 or e-mail jenny.roberts@usassure.com.

Garage Liability

Nuts & Bolts: McFall General Agency Inc. is offering six “A” rated companies that provide garage liability, DOL, GKLL, property, crime broad form extension for used care dealers, motorcycle dealers and repair, auto repair, etc. The company also can write stand-alone GKLL, MTC, on-hook, DOL.

Dollars: $100,000 to $1 million.

Carrier: All rated “A” by A.M. Best. Nonadmitted.

States: Idaho, Oregon and Washington.

Contact: Erika Hinshaw at 800-452-9412, ext 163 or e-mail ehinshaw@mcfallgeneral.com.

Monoline & Package Terrorism

Nuts & Bolts: The Midlands Management Corp., which writes monoline and package terrorism policies, is offering coverage for liability, property, automobile liability, auto physical damage, and chemical, biological, nuclear and radiological (CNBR) risks. The new market can provide primary terrorism coverages or excess terrorism. Midlands Management said it is willing to write in other states where others are licensed for surplus lines. It will look at any risk seeking terrorism coverage. Public entities, government contractors, municipality/ office risks, or any general businesses are welcome. An Acord submission is preferred with full details per line of business.

Dollars: Up to $75 million for most risks; higher limits available.

Carrier: Lloyds rated “A” by A.M. Best. Nonadmitted.

States: Ark., Colo., Kan., La., Minn., Miss., Mo., Neb., N.J., .N.M., Okla., Tenn., Texas. Va., Wyo.

Contact: Brandon Davis at 800-800-4007 or e-mail bsdavis@midman.com.

Jeweler’s Block

Nuts & Bolts: J Driesassur USA LLC is offering jeweler’s block insurance coverage for worldwide stock and liability insurance for jewelers and diamond dealers.

Dollars: $10,000 to $500 million.

Carrier: Lloyds rated “A” by A.M. Best. Nonadmitted.

States: All.

Contact: Rahul Roy at 212-949-5300 or e-mail rahul@driesassur.com.

Builder’s Risk/COC

Nuts & Bolts: AmWINS Insurance Brokerage of California is offering COC policies written on Westchester paper. An Acord application is required. The company can write certain risks on a homebuilder’s reporting form that offers up to 90 days coverage after certification of occupancy is issued.

Dollars: Up to $25 million; higher limits available for other construction types.

Carrier: Westchester Surplus Lines Insurance Co., rated “A+” by A.M. Best. Nonadmitted.

States: All.

Contact: Linette Jackson at 818-772-3859 or e-mail linette.jackson@amwins.com.

Child Care Centers

Nuts & Bolts: Markel Insurance Co. is offering coverage to all types of licensed child care centers. Coverage available in the new market includes general liability, umbrella, sexual abuse/molestation, corporal punishment, child care providers/ teachers professional, communicable disease/food contamination and property.

Dollars: Varies, visit www.markelinsurance.com..

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

States: All.

Carrier: Denise McLaughlin at: 804-527-7506 or e-mail dmclaughlin@markelcorp.com.

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Insurance Journal Magazine September 3, 2007
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