My 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.

Nutritional & Dietary Supplements
Nuts & Bolts: Travis-Pedersen and Associates Inc. is offering a new nutritional and dietary supplement primary and excess market. The company can write the primary $2 million or excess $5 million, but not both. The market targets accounts with $75 million or less in gross revenue. Minimum premium is $15,000.
Dollars: $1 million to $5 million.
Carrier: Rated “A+” XV by A.M. Best. Nonadmitted.
States: All.
Contact: Chris Dockery at 312-360-9696 or e-mail chrisd@travped.com.

Stevedoring Program
Nuts & Bolts: MarketScout has a program for insureds where the majority or a small portion of the payroll is contemplated by the stevedoring class codes 7317 or 7309. The program is designed to cover workers’ compensation needs. That includes state acts and the Longshore and Harbor Workers Act. Coverage extensions such as blanket wavier of subrogation and blanket alternate employer are available.
Dollars: Workers’ compensation, statutory; employers liability up to $1 million.
Carrier: Rated “A” XV by A.M. Best. Admitted.
States: All.
Contact: Daniel Kerr, 972-934-4210 e-mail dkerr@marketscout.com.

Gas Utilities Distribution
Nuts & Bolts: London American Risk Specialists Inc. is offering all lines of coverage including contractors that do work for utilities. There is a $25,000 account minimum, size $150 million or less revenue.
Dollars: Varies.
Carrier: Rated “A” by A.M. Best. Admitted.
States: All.
Contact: Larry Vickery at 901-312-9387 or e-mail lvickery@londonamericaantx.com.

Jewelers Block
Nuts & Bolts: Jewelers Block is offering coverage including retail, wholesale and manufacturing jewelers; diamond dealers; personal jewelry schedules; museums; private collectors; traveling exhibitions; art dealers and shippers; artists; restorers and conservators; vault and/or bank vault risk; security carriers; armored car companies; large values; cash-in-transit; fast quotes.
Dollars: Up to $1 billion.
Carrier: Rated “A” by A.M. Best. Admitted.
States: All.
Contact: Bob Klinger at 317-845-9890 or e-mail klinger@linger-insurance.com.

Temporary Staffing
Nuts & Bolts: Premier Temps is a loss-sensitive workers’ compensation, general liability, auto liability program built for the temporary staffing industry. Premiums are based on individual loss history. Underwriting profits are returned to the insured, with no capitalization. There are no assessments.
Dollars: Varies by state statute.
Carrier: Discover Re rated “A” by A.M. Best. Admitted.
States: All.
Contact: Eric Zabinski at 630-694-5457 or e-mail eric_zabinski@artexrisk.com.

Wholesale Brokerage Property with Wind
Nuts & Bolts: NSU Property is a wholesale brokerage focused on commercial real estate risks for layered placement structure to cover catastrophic risk, particularly from wind hazards. The focus is also to develop flood coverage programs to compete with the National Flood Insurance Program. Property highlights include: specialists dedicated 100 percent to commercial property; relationships with more than 25 domestic and foreign markets; and coverage for catastrophic exposure including wind, flood and quake.
Dollars: Up to $500 million.
Carrier: Rated “A” by A.M. Best. Admitted.
States: All.
Contact: Linda DiNapoli at 561-995-7520 or e-mail ldinapoli@nsui.com.

Mixed Martial Arts
Nuts & Bolts: Francis L. Dean & Associates of California is offering participant accident insurance up to $100,000 and liability coverage up to $6 million for mixed martial arts tournaments and bouts. Benefits may be adjusted to meet individual state athletic commission requirements. Annual coverage is also available for mixed martial arts schools and training facilities.
Dollars: $2,500 to $6 million.
Carrier: Rated “A” by A.M. Best. Admitted.
States: All.
Contact: Alyson Norrbohn at 888-416-9091 or e-mail Anorrbohm@fdean.com.

Not-for-Profit D&O and EPLI
Nuts & Bolts: Irwin Siegel Agency is offering not-for-profit directors and officers coverage that provides employment practices liability protection available. The D&O program is available to an array of classes. The program is designed to cover the various needs of these types of individuals and the risks their exposures present. This product is available on a monoline basis or as an ancillary policy to coincide with a package product.
Dollars: Varies.
Carrier: Rated “A+” by A.M. Best. Admitted.
States: All.
Contact: Brad Rutledge at 847-622-8272 or e-mail Brad.Rudledge@SiegelAgency.com.

Life Accident and Health Agents E&O
Nuts & Bolts: Rockwood Programs has expanded its life/accident and health insurance agents’ errors and omissions coverage to include incidental property/casualty activity, and E&O for the placement of financial products (for instruments requiring a Series 6 license to place). The policy is portable and helps agents maintain their retroactive dates despite changing carrier affiliations. Up to $25,000 in identity theft protection is added for each account written at no cost to the insured. The Rockwood team also can offer unique coverage and rating accommodations for sponsored/group programs.
Dollars: $250,000 up to $2 million.
Carrier: Lloyd’s of London rated “A” by A.M. Best. Nonadmitted.
States: All.
Contact: Darryl McCallin at 877-242-2487, e-mail darryl.mccallin@rockwoodinsurance.com.

Small Residential General Contractors
Nuts & Bolts: NSM Insurance Group is offering coverage for general contractors who build 25 or fewer homes per year and subcontract 70 percent or more. In-house rating and underwriting is available. No warranty requirements.
Dollars: $1 million/$2 million; $5 million umbrella.
Carrier: Rated “A+” by A.M. Best. Admitted and nonadmitted.
States: Ala., Alaska, Ark., Conn., Fla., Ga., Idaho, Ill., Ind., Iowa, Kan., Ky., La., Maine, Miss., Mich., Mo., Neb., N.H., N.M., N.C., N.D., Ohio, Okla., R.I., S.C., S.D., Tenn., Texas, Utah, Vt., Va., Wis., Wyo.
Contact: Jennifer Chapman at 800-970-9778 ext. 186 or e-mail smallGCs@nsminc.com.

Real Estate Owners Umbrella Program
Nuts & Bolts: PGI Commercial is offering an umbrella program with $5 million to $25 million limits available. The program is open to: apartment buildings, condominiums, homeowners associations, hotels, motels, golf courses, office buildings, commercial retail buildings and warehouses.
Dollars: $5 million to $25 million.
Carrier: Member companies of AIG rated “A+” by A.M. Best. Admitted.
States: Ariz., Calif., Colo., Conn., Ill., Ind., Md. Mich., Nev., N.J., N.Y., Ohio, Ore., Pa., R.I., Tenn., Texas, Utah, Wash., Wis.
Contact: Richard Trezza at 973-631-7575 or e-mail rtrezza@pgicommercial.com.

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