New Markets

January 13, 2008

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.

Oil and Gas Well Drilling Contractors
MarketScout has “A” rated markets for oil and gas well drilling contractors. Markets are offering required coverages such as underground resources and equipment. The company offers all lines of coverage including general liability, workers’ compensation, auto, umbrella and physical damage.
Dollars: $1 million/$2 million.
Carrier: Rated “A” by A.M. Best. Admitted and nonadmitted.
States: All.
Contact: Daniel Kerr, 972-934-4210 or e-mail dkerr@marketscout.com.

Heavy Products
SHG Insurance Services LLC is offering commercial general liability including products liability for manufacturers, distributors and importers of industrial/ commercial/consumer products. New ventures, as well as established companies, are accepted.
Dollars: Up to $2 million.
Carrier: Rated “A” XV by A.M. Best. Nonadmitted.
States: All.
Contact: William Ambler at 805-686-1148 or e-mail billambler@shgins.com.

Rap/Hip Hop Shows and Concerts
Francis L. Dean & Associates Inc. is a national provider of special event insurance that includes coverage for rap/hip hop performances. General liability coverage with limits of up to $5 million is available.
Dollars: $1 million to $5 million.
Carrier: Rated “A+” by A.M. Best. Admitted and nonadmitted.
States: All.
Contact: John Dean at 800-745-2409, ext. 120 or e-mail jdean@fdean.com.

Contractors — All States, All Trades
Bliss and Glennon Inc. offers monoline general liability or package policies for all contractor trades. Offerings include in-house programs for trades such as electrical contractors and landscapers. Coverage is available for small to large accounts, including OCIPs or CCIPs. Classes include general contractors, roofers, electricians, retaining walls, plumbers, utilities, swimming pools, concrete, welders, fence erection, masonry, janitorial, carpentry, drywall, etc.
Dollars: $100,000 to $100 million.
Carrier: Rated “A-8” or better by A.M. Best. Nonadmitted.
States: All.
Contact: Shane Bouma at 310-372-9115, ext. 345 or e-mail boumash@bgsurplus.com.

Banking — Mortgage Impairment
Anthony R Davis Agency Inc. is offering mortgage impairment coverage. The product provides errors and omissions, mortgage servicing coverage and 90-day blanket coverage for no-show of homeowner and flood insurance.
Dollars: Varies.
Carrier: Travelers rated “A+” by A.M. Best. Admitted.
States: All.
Contact: Patti Abbott-Bozzo at 908-233-8040 or e-mail pat@ardavisagency.com.

Co-Ops
The New Empire Group is offering commercial umbrella coverage for condominiums, co-ops, apartment buildings and commercial real estate.
Dollars: $5 million to $100,000 million.
Carrier: Rated “A” by A.M. Best. Admitted.
States: Ala., Ark., Calif., Conn., Del., Fla., Ga., Ill., Ind., Iowa, Maine, Md., Mass., Mich., Minn., N.H., N.J., N.M., N.Y., N.C., Ohio, Pa., R.I., S.C., Tenn., Texas, Vt., Va., W.Va.
Contact: James O’Neill at 866-431-8100 or e-mail jimo@newempiregroup.com.

Pipeline Construction
San Diego-based Sloan Mason is offering a provision of competitive coverages for pipeline construction contractors. Coverages include workers’ compensation/general liability/umbrella liability/auto/ inland marine/property with an A.M. Best “A”-rated carrier. Coverage is available nationwide.
Dollars: $1 million, workers’ comp; $1 million, auto; $5 million umbrella.
Carrier: Rated “A” XV by A.M. Best. Admitted.
States: All.
Contact: Michael Tourtellott at 619-325-1719 or e-mail michael@sloanmason.com.

Workers’ Compensation
ACBOA Insurance Center, managed by Ramsgate Insurance, is offering workers’ compensation from multiple carriers.
Dollars: Varies by state statute.
Carrier: ACE, AIG, Travelers and more rated “A” by A.M. Best. Admitted.
States: All.
Contact: Marydee Lameraux at 800-273-7784, ext. 9 or e-mail: comp@ramsgateinsurance.com.


Allied Medical Organizations PL/GL

Travis-Pedersen and Associates of Ariziona LLC is offering a policy that covers a range of medical malpractice and general liability exposures on an occurrence form. Allied healthcare facilities are those businesses that provide medical services directly to a patient or client and are ancillary to physician and hospital care. That group includes home healthcare agencies, supplemental medical staffing, hospices, dialysis centers, medical testing laboratories, substance abuse rehabilitation and outpatient rehabilitation facilities for the impaired.
Dollars: $1 million to $10 million.
Carrier: Rated “A” by A.M. Best. Nonadmitted.
States: All.
Contact: Matt Gervin at 480-281-3850 or e-mail mattg@travped.com.

Fire & Water Restoration Contractors
National E&S Insurance Brokers Inc. has coverage available for qualified fire/water restoration contractors in America. The minimum premium is $2,500 without mold coverage and $5,000 with mold coverage. Coverage can be written to include general liability, contractor pollution and professional liability. Professional liability is written in accordance with the S520 and S500 standards of IICRC.
Dollars: $1 million to $11 million.
Carrier: Rated “A” by A.M. Best. Admitted and nonadmitted.
States: All, except Hawaii.
Contact: Cesar Baragan at 661-266-4444 or e-mail cesar@nationaleands.com.

Was this article valuable?

Here are more articles you may enjoy.

From This Issue

Insurance Journal Magazine January 14, 2008
January 14, 2008
Insurance Journal Magazine

Contractors/Subcontractors; Employment Practices Liability; 2008 Insurance Industry Meetings and Conventions Directory