New Markets

January 25, 2009

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.

Mono-line Property for Coastal Exposures
Market Detail: CATalyst Property Insurance from Venture Programs gives agents a commercial property, inland marine and incidental commercial general liability program for coastal property-driven risks. CATalyst can access many carriers to offer agent’s high-hazard, coastal and specialty property risks special form coverage including wind, flood and quake. A difference in conditions (DIC) policy covering flood and quake exposures is also available. Minimum premiums begin at $5,000 (higher in parts of Florida).
Available limits: $1 million to $500 million.
Carriers: More than 20 carriers. “A-” rated by A.M. Best (at minimum). Admitted and non-admitted.
States: All.
Contact: Christian Capozzoli at 800-282-6247 ext. 262 or e-mail ccapozzoli@ventureprograms.com.

Self Storage
Market Detail: Britt/Paulk brings agents a custom commercial business owners’ policy made for traditional and mobile self storage owners and operators. Britt/Paulk has created a one-stop shop for all the coverage unique to the self storage business. Coverages include: blanket building and personal property, accounts receivable, pollution cleanup, business income and extra expense, replacement cost, course of construction, workers’ compensation, equipment breakdown, business liability, sale and disposal liability, hazardous contents removal, mobile storage coverage, commercial auto, equipment, environmental, professional liability and excess liability.
Available limits: As needed.
Carriers: AAIC. “A+” rated by A.M. Best. Admitted.
States: All.
Contact: Customer support at 800-842-8917 or e-mail s

Technology Consultants E&O Package
Market Detail: Indemnity Excess & Surplus Agency offers a single policy providing professional liability, commercial general liability and property coverage to small technology consulting operations with up to three consultants and $500,000 in gross annual sales. Web quoting is available. Policy form includes coverage for personal injury, unauthorized access, and malicious code. Intellectual property coverage is available as an optional coverage. Policyholders receive free access to eRisk Hub, a risk management tool and resource center. Minimum premiums begin at $995.
Available limits: $1 million to $5 million.
Carriers: United States Liability. “A++” rated by A.M. Best. Admitted.
States: Ala., Ariz., Ark., Calif., Colo., Conn., Del., D.C., Fla., Ga., Hawaii, Idaho, Ill., Ind., Iowa, Kan., Ky., Mich., Minn., Miss., Mo., Mont., Neb., Nev., N.H., N.C., N.D., Ohio, Ore., Pa., R.I., S.C., S.D., Tenn., Texas, Utah, Wash., Wis. and Wyo.
Contact: Shawn Chummar at 800-487-2442 ext. 17 or e-mail shawnc@ies-xs.com.

Green Building Consultants E&O
Market Detail: ELM Insurance Brokers Inc. offers a new liability product designed for green building consultants accredited in programs such as LEED, Energy Star, Green Globe, EarthCraft, HERS and NAHBGreen. Coverage is also available to insureds who conduct green education seminars, green marketing consultants and green technical writers. Registered users of www.e-o.com or ELM Insurance can quote these products online. Minimum premiums begin at $1,300 with minimum deductibles starting at $2,500.
Available limits: $500,000 to $5 million.
Carriers: Unable to disclose. “A+” rated by A.M. Best. Admitted and non-admitted.
States: All.
Contact: Fred Fisher at 310-322-1301 or e-mail ffisher@e-o.com.

Truckers Occupational Accident & Contingent Liability
Market Detail: Matrix United LLC brings agents an occupational accident and contingent liability market targeted at trucking operations. Occupational accident and contingent liability coverage is now available for independent contract drivers, owner operators and fleet owners using contract drivers. Targeted classes include long haul, intermediate, short haul, courier services and most any other transportation entity. Deductibles are optional and can be applied to lower the premium.
Available limits: $300,000 to $2 million.
Carriers: Continental American. “B+” rated by A.M. Best. Admitted.
States: All.
Contact: Gary Jennings at 800-799-7089 or e-mail gary.jennings@sbcglobal.net.

D&O & EPLI Available Online
Market Detail: Travis-Pedersen & Associates of Arizona LLC can give agents access to an online rating system that allows them to quote employment practices liability, non-profit directors and officers and community association directors and officers directly from their agency’s computer.
Available limits: As needed.
Carriers: Unable to disclose. “A++” rated by A.M. Best. Admitted and non-admitted.
States: All.
Contact: Matt Gervin at 480-281-3850 or e-mail mattg@travped.com.

Legal Expense for Excluded Work-Related Injuries
Market Detail: NAS Insurance Services Inc. offers agent access to unique protection for injured workers. The CompLex program provides legal expense coverage for exposures and losses not covered by workers’ compensation insurance. CompLex pays legal expenses for serious and willful misconduct claims as well as workers’ compensation 132(a) retaliation claims. CompLex allows insured to pick the attorney of their choice. Minimum premiums and deductibles both begin at $1,500.
Available limits: $100,000 to $1 million.
Carriers: Lloyd’s. “A” rated by A.M. Best. Non-admitted.
States: All.
Contact: Melvin Osswald at 818-808-4467 or e-mail mosswald@nasinsurance.com.

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