New Markets

February 24, 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.

Karate Sports & Fitness Insurance, a national underwriting facility specializing in sports and fitness facilities, has coverage for karate facilities. The company underwrites 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, etc.
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 Travis-Pedersen & Associates of Arizona LLC is offering protection for 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 coverges 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.

Surfing Events Liability Insurance 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.

Non-Admitted Property Facility Metro Insurance Services Inc. enhanced their property program to include excess flood up to $5 million per occurrence to be placed over the National Flood Insurance Program. 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 Child Welfare Insurance Services has programs for general and professional liability, abuse and sexual misconduct, alienation of affection, adoption services, property, auto and excess.
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.Va. and Wis.
Contact: Jennifer Evans at 909-484-3340, ext. 107 or e-mail jennifere@childinsurance.com.

New Crane Operations Program Norman-Spencer Agency Inc. 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.

Courier Auto — Fleet and Non-Fleet KBS Internation-al Corp has auto coverages for courier/messenger delivery and logistics companies using top admitted carriers with stable, long-term track records insuring this industry niche. Symbols 1, 2 available for qualified risks. Hired and non-owned available. All other lines, too — package, cargo, umbrella, EPLI, etc. Co-brokers welcome.
Dollars: $500,000 to $1 million.
Carrier: Rated “A” by A. M. Best. Admitted.
States: All except Hawaii.
Contact: Peter Schlactus, 914-636-6262 ext. 3010 or e-mail peter@CourierInsurance.com.

Flat Bed RLI Insurance is offering deductibles starting at $2,500. Lines of business offered: auto liability, non-trucking liability (owner operator program), general liability physical damage, trailer interchange, following form excess liability. Limited to 20 units or more.
Dollars: $300,000 to $10 million.
Carrier: RLI rated “A” by A. M. Best. Admitted.
States: All except Alaska, Hawaii and Massachusetts.
Contact: David Williams at 404-443-1005 or e-mail david_williams@rlicorp.com.

Property Managers Package Travis-Pedersen and Associates of Arizona LLC is offering a package 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.

Topics AM Best Hawaii Alaska

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