New Markets

June 16, 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.

Custom Home Builders
Market Detail: Lemac & Associates, a division of Risk Placement Services Inc. presents a program designed for custom homebuilders and speculative builders constructing up to 15 units per year; developers are also eligible. Duplexes and triplexes are acceptable. New ventures considered if the insured has adequate experience. Coverage can be silent on subsidence. Deductible as low as $2,500.
Available limits: $1 million to $5 million.
Carriers:Various “A” Rated by A.M. Best. Non-admitted.
States: Ala., Alaska, Ariz., Ark., Calif., Colo., Conn., Del., D.C., Fla., Ga., Hawaii, Idaho, Ill., Ind., Iowa, Kan., Ky., La., Maine, Md., Mass., Mich., Minn., Miss., Mo., Mont., Neb., N.H., N.J., N.M., N.C., N.D., Ohio, Okla., Ore., Pa., R.I., S.C., S.D., Tenn., Texas, Utah, Vt., Va., Wash., W.Va., Wis., Wyo.
Contact: Bill Newton at 323-857-9400 or e-mail wnewton@lemacassociates.com.

Construction Managers & Consultants E&O
Market Detail: Travis-Pedersen and Associates of Arizona offers a comprehensive policy to cover construction managers and consultants. Coverage is available to cover the various services provided by construction managers and consultants including: 1) acting as the owner’s representative or agent; 2) constructability reviews; 3) value engineering; 4) schedule development; 5) establishing preliminary and working budgets; 6) consulting on design, utility and building costs; 7) reviewing contractor qualifications; 8) monitoring contractor and design team performance; and 9) construction claims management.
Available limits: $500,000 to $5 million.
Carriers: Various “A+” Rated by A.M. Best. Non-admitted.
States: Ala., Alaska, Ariz., Ark., Calif., Colo., Conn., D.C., Fla., Ga., Hawaii, Idaho, Ill., Ind., Iowa, Kan., Ky., La., Maine, Md., Mass., Mich., Minn., Miss., Mo., Mont., Neb., Nev., N.J., N.M., N.Y., N.C., N.D., Ohio, Okla., Ore., Pa., S.C., S.D., Tenn., Texas, Utah, Vt., Va., Wash., W.Va., Wis., Wyo.
Contact: Matt Gervin at 480-281-3850 or e-mail mattg@travped.com.

Blended Contracting Companies
Market Detail: UCPM Environmental offers a program for traditional trade contracting companies which also do some environmental work, including lead abatement or asbestos remediation. These blended companies can take advantage of combined CGL/pollution policies written by environmental carriers offering a considerable premium savings.
Available limits: $1 million to $10 million.
Carriers: Various “A+” Rated by A.M. Best. Non-admitted.
States: All.
Contact: Bart Jarman at 480-682-1562 or e-mail bjarman@ucpmenvironmental.com.

Solar Power Insurance Programs
Market Detail: Walsh Carter and Associates’ renewable energy practice has more than 20 years of experience to serve the needs of the solar power industry. Their specialty programs include: builders risk; property and operations risk; loss of tax credits and rebates; loss of revenue; general liability including products/completed operations; and errors and omissions coverage. WCA focuses on the unique commercial property needs of the solar power industry.
Available limits: $5 million to $200 million.
Carriers: Various “A+” Rated by A.M. Best. Non-admitted.
States: All.
Contact: Christina Bowman-Jones at 415-407-7736 or e-mail cbjones@walshcarter.com.

Hurricane and Wind Coverage
Market Detail: The Maplewood Group offers coverage for damage caused by wind, including hurricanes, for property located in any coastal state. Minimum TIV for consideration is $5 million with deductibles as low as 2 percent. All types of property risks considered!
Available limits: $5 million to $500 million.
Carriers: Various Admitted and Non-admitted.
States: Ala., Calif., Del., Fla., Ga., La., Md., Miss., N.J., N.C., R.I., S.C., Texas, Va., Wash.
Contact: Stephen Pierce at 740-321-1137 or e-mail spierce@themaplewoodgroup.com.

Political Risk Insurance
Market Detail: Gresham & Associates offers political risk insurance to mitigate a variety of trade and asset risks. Coverage provides critical balance sheet protection for foreign investors, exporters and lenders. Corporations with international operations and global financial institutions are prime targets for this protection. Coverage is available for asset protection from incidents such as confiscation and political violence, and trade transactions. Territory is worldwide.
Available limits: Various as needed.
Carriers: Various “A-” Rated by A.M. Best. Non-admitted.
States: All.
Contact: Bob Reardon at 888-473-7442 or e-mail breardon@greshaminc.com.

Programs for Health Clubs
Market Detail: Great American Insurance Co. offers property and casualty programs for non-profit health club related classes including: exercise and health clubs, aerobic, dance, yoga and tai chi centers and dance and palates studios.
Available limits: Various as needed.
Carriers: Great American Insurance Co. “A” Rated by A.M. Best. Admitted.
States: Ala., Alaska, Ariz., Ark., Calif., Colo., Conn., Del., D.C., Ga., Idaho, Ill., Ind., Iowa, Kan., Ky., Maine, Md., Mass., Mich., Minn., Miss., Mo., Mont., Neb., Nev., N.H., N.J., N.M., N.Y., N.C., N.D., Ohio, Ore., Pa., S.C., S.D., Tenn., Utah, Vt., Va., Wash., W. Va., Wis., Wyo.
Contact: Mike Liguzinski at 312-385-4150 or e-mail mliguzinski@gaic.com.

Fast Food Restaurants BOP
Market Detail: International Excess Agency, Inc offers coverage for fast food restaurants on a BOP form. Quick quotes are provided. Program features include no coinsurance, hired and non-owned auto (if no delivery is provided) business income on actual loss sustained basis, and equipment breakdown with food spoilage is available. Liquor liability coverage is also available. Drive in and 24-hour operations are eligible.
Available limits: $100,000 to $2 million.
Carriers: US Liability Insurance Co. “A++” Rated by A.M. Best. Admitted.
States: Ala., Ariz., Ark., Calif., Colo., Conn., Del., D.C., Fla., Ga., Idaho, Ill., Ind., Iowa, Kan., Ky., Maine, Md., Mass., Mich., Minn., Miss., Mo., Mont., Neb., Nev., N.H., N.J., N.M., N.Y., N.C., N.D., Ohio, Okla., Ore., Pa., R.I., S.C., S.D., Tenn., Texas, Utah, Vt., Va., Wash., W. Va., Wis., Wyo.
Contact: Kenneth Kukral at 216-797-9700 or e-mail ken@internationalexcess.com.

Community Hospitals
Market Detail: Klinger Associates Inc. offers a community hospital program for small- to mid-sized community-based hospitals. Professional liability is provided on a claims made basis, and general liability coverages are available on either occurrence or claims made forms. Optional coverages include defense costs; employee benefit liability; sexual abuse coverage; and a per location aggregate. Employed physicians can also be included in coverage.
Available limits: Up to $5 million.
Carriers: Various “A” Rated by A.M. Best. Admitted and Non-admitted.
States: All.
Contact: Bob Klinger at 317-845-9890 or e-mail klinger@klinger-insurance.com.

Submit your company’s property/casualty markets to the industry’s leading searchable database at www.mynewmarkets.com.

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Insurance Journal Magazine June 16, 2008
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