New Markets

February 10, 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.

Health Club
Nuts & Bolts: Sports & Fitness Insurance is a national underwriting facility specializing in sports and fitness facilities. Coverages include: liability; property; workers’ compensation; bonds; business auto for health clubs; fitness centers; martial arts studios; personal trainers; performance training facilities; racquet clubs; tennis centers; dance schools; yoga studios; pilates studios; and commercial swim schools and more on both an admitted and non-admitted basis in most every state.
Dollars: $500,000 to $10 million.
Carrier: Safeco Companies including General Insurance Company of America, American States, American Economy, America Rated “A+” XV by A.M. Best. Admitted.
States: All except Alaska and Hawaii.
Contact: Shelby Waites at 877-496-4671, ext. 2225 or e-mail swaites@sportsfitness.com.

Collector Vehicle
Nuts & Bolts: Markel American Insurance Co. has introduced their collector vehicle insurance program. This program joins their other specialty personal lines, such as motorcycle and various boat products, providing essential coverage to enthusiasts. The program provides comprehensive coverage for a variety of collector vehicles including antique autos and motorcycles, street rods and replicas. It also boasts a very competitive policy form with no mileage limitations. Coverage can be provided for any collector vehicle that is at least $10,000 in value.
Dollars: Up to $1 million.
Carrier: Rated “A” by A. M. Best. Admitted.
States: Mass., R.I., N.H., Maine, Vt., Ind., Ill., Mich., Ohio, Ken., Texas, Wis., Minn., Tenn., Iowa, Mo., Ark., Okla., La., Calif.
Contact: Audrey Hanken at 262-548-9880, ext. 3371 or e-mail ahanken@markelcorp.com.

Karate
Nuts & Bolts: Sports & Fitness Insurance is a national underwriting facility specializing in sports and fitness facilities. We underwrite liability, property, workers compensation, bonds, business auto for health clubs, fitness centers, martial arts studios, personal trainers, performance training facilities, racquet clubs, tennis centers, dance schools, yoga studios, pilates studios, and commercial swim schools and more on both an admitted and non-admitted basis in most every state.
Dollars: $500,000 to $2 million.
Carrier: Safeco and member companies rated “A++” by A.M. Best. Admitted.
States: All.
Contact: Joan Watson at 877-496-4671 or e-mail jwatson@sportsfitness.com.

Network-Related Exposure Coverage
Nuts & Bolts: Travis-Pedersen & Associates of Arizona LLC is offering a wide range of protection for the broad range of network-related exposures. Electronic records and HIPAA have made these activities a fundamental aspect of any business holding individuals’ personal information. Losses are increasing as a result of public awareness of identity theft and hacking, and the initiation of class action lawsuits. Available Coverages include: 1) network security insurance – coverage for allegations of breach of privacy, libel, identity theft, slander, defamation, etc.; 2) government investigation defense cost insurance – defense coverage for government investigations; 3) data recovery costs insurance – coverage for recovery of electronic data lost by reason of a computer virus attack, hacking and other system invasions.
Dollars: $100,000 to $ 1 million.
Carrier: Lloyds of London rated “A” by A.M. Best. Admitted and non-admitted.
States: All except Alaska, Delaware, Illinois, New Hampshire and Rhode Island.
Contact: Matt Gervin at 480-281-3850 or e-mail mattg@travped.com.

Non-Admitted Property Facility
Nuts & Bolts: Metro Insurance Services, Inc. recently announced enhancements of their property program to include excess flood up to $5 million per occurrence to be placed over the NFIP. Metro also has capacity up to $20 million per location per occurrence for most classes of real property and business interruption excluding wind in coastal regions. Competitive rates and commissions are available.
Dollars: $250,000 to $5 million.
Carrier: Rated “A” by A.M. Best. Non-admitted.
States: All except Alaska and Hawaii.
Contact: Arthur Petzel at 215-794-1190 or e-mail apetzel@metroins.com.

Child Welfare Insurance Services
Nuts & Bolts: Child Welfare Insurance Services has exclusive programs for general and professional liability, abuse and sexual misconduct, alienation of affection, adoption services, property, auto and excess. Our brokers help the child welfare organizations in their area by providing information on how children have been injured or killed in out-of-home placement so that similar tragedies can be avoided in the future.
Dollars: Varies.
Carrier: Rated “A+” by A.M. Best. Admitted.
States: Ala., Ariz., Calif., Colo., Fla., Ga., Idaho, Ill., Ind., Iowa, Kan., Ken., La., Maine, Md., Mass., Mich., Minn., Miss., Mo., Neb., Nev., N.J., N.M., N.Y., N.C., Ohio, Okla., Ore., Penn., S.C., Tenn., Texas, Utah, Vt., Va., Wash., D.C., W.V., Wis.
Contact: Jennifer Evans at 909-484-3340 ext. 107 or e-mail jennifere@childinsurance.com.

Property Managers Package
Nuts & Bolts: Travis-Pedersen and Associates of Arizona LLC. is offering a package of the main areas of liability coverages for commercial and residential property managers. Coverage A: errors and omissions provides coverage if sued while providing professional services in the management or leasing of property. Coverage B: tenant discrimination optional coverage for defense and indemnification if sued by a third party for allegations of discrimination. Coverage C: employment practices liability optional coverage if sued in your capacity as an employer for wrongful employment acts. In addition, this product offers coverage for individuals who are employed by the owner of the building being managed.
Dollars: $100,000 to $5 million.
Carrier: Rated “A++” by A.M. Best. Admitted and non-admitted.
States: All except Alaska, Delaware, New Hampshire and Rhode Island.
Contact: Matt Gervin at 480-281-3850 or e-mail mattg@travped.com.

New Crane Operations Program
Nuts & Bolts: Norman-Spencer Agency Inc., recently launched a new crane operations program. The cranes program, specifically designed for the heavy construction industry, provides casualty protection for contractors using cranes in their daily operations. The program features general liability, commercial auto and excess liability coverages for the following eligible niche classes: crane operators, rigging and millwright, pile driving, steel and metal erection and concrete construction.
Dollars: $1 million/$2 million; auto liability limits of $1 million.
Carrier: Rated “A” by A.M. Best. Non-admitted.
States: All.
Contact: Mary Wiseley at 858-673-7020 or e-mail marywiseley@norman-spencer.com.

Surfing Events Liability Insurance
Nuts & Bolts: General liability insurance for surfing contests, tournaments, camps and events. Includes claims made by athletic participants. Offered on an occurrence form basis.
Dollars: $1 million to $5 million.
Carrier: Rated “A+” by A.M. Best. Admitted.
States: All.
Contact: Alyson Norrbohm at 888-416-9091 or e-mail Anorrbohm@fdean.com.

Corporate Directors & Officers
Nuts & Bolts: Travis-Pedersen and Associates of Arizona LLC is offering a product that is designed for privately held firms with up to $350,000,000 in assets and 500 employees. A separate employment practices liability limit, full entity coverage, and no punitive damages exclusion are just a few of the many coverage features.
Dollars: $100,000 to $5 million.
Carrier: Rated “A++” by A.M. Best. Admitted and non-admitted.
States: All.
Contact: Matt Gervin at 480-281-3850 or e-mail mattg@travped.com.

Topics AM Best Alaska Arizona

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