New Markets

March 7, 2010

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.

Outbreak Extra Expense
Market Detail: American Underwriting Managers offers a product designed to provide businesses with insurance coverage in the event that their business operations are suspended by a public health official due to a covered contagion originating at or emanating from the operational premises. Coverage highlights include broad wording of covered contagions, workplace violence coverage, mold, fungus, illness coverage, insured controls use of funds, risk management resources. The policy pays per day, per location, limit listed on the policy. It is available to a wide variety of industry groups, including but not limited to health care, education, hospitality, real estate and food service.
Available limits: As needed.
Carrier: Unable to disclose.
States: Texas, Oklahoma and Louisiana.
Contact: Leslie Snider at 817-424-1996 or e-mail leslie@auminsur.com.

Wrap Ups
Market Detail: Wrap Up Insurance Solutions is a full service wrap-up administrator, consultant and broker for all types of construction wrap ups, including owner and contractor controlled insurance programs (OCIP/CCIP). Clients can select a variety of services, including design, implementation and administration of wrap up programs. Business niche is in the development of partnerships with brokers, agencies and consultants to assist in the placement or administration of these types of programs for their clients.
Available limits: As needed.
Carrier: Various admitted and non-admitted.
States: All states.
Contact: Wrap Up Insurance Solutions at 636-489-0185.

Package for Long-term Care Facilities
Market Detail: Partner Specialty Group offers a package product that includes professional liability, general liability, sexual abuse (claims-made and non-admitted), property, auto, inland marine (occurrence and admitted). Professional liability and general liability coverage also includes a $100,000 additional limit for administrator, $25,000 limit for execution expense, $25,000 for media/legal expenses, and barbers and beauticians coverage.
Available limits: Minimum $1 million, maximum $10 million.
Carrier: Unable to disclose, admitted and non-admitted.
States: All states.
Contact: Partner Specialty Group 949-930-3140.

Grocery & Retail Store Program
Market Detail: Advanced E&S Insurance Underwriters introduces an “A” rated package program for various stores, including but not limited to grocery and convenience stores, furniture stores, clothing stores, hardware stores and music stores. The program is available on a package or monoline product basis.
Available limits: Minimum $10,000, maximum $10 million.
Carrier: Various admitted and non-admitted.
States: Fla., Ill., Ind., Iowa, Mich., Minn., Mo., Neb., Nev., Ohio, and Wis.
Contact: Ronald Keller at 312-957-4041 or e-mail rkeller@advancede-s.com.

Vacant Property
Market Detail: RISC Inc. has three, six, nine and 12-month term options, basic/DP1 and special/DP3 forms available. Bind to quote ratio is 40 percent. Offers online system with instant indications.
Available limits: $3 million building limit (commercial or residential) $1 million occurrence/$2 million aggregate liability limit.
Carrier: Lloyd’s of London.
States: All except Ky.
Contact: Chris Hayes at 214-220-0859 or e-mail hayes@gorisc.com.

Artisan Contractors
Market Detail: G.J. Sullivan Co. provides coverage for both commercial and residential artisan contractors that service, repair or remodel homes. They also have markets for new residential or commercial construction contractors and multiple markets that can offer policy enhancements, such as per project/per location aggregate, blanket additional insured, waivers, primary and/or non-contributory.
Available limits: Minimum $300,000, maximum $2 million.
Carrier: Admitted and non-admitted.
States: Ariz., Colo., Calif., Ore., N.M., Nev.
Contact: Ken Meeker at 858-586-0828, ext., 20100 or e-mail meekerk@es.gjs.com.

Trucking
Market Detail: Crouse and Associates provides trucking coverage for large and small fleets. Preferred and distressed accounts eligible.
Available limits: As needed.
Carrier: Various admitted and non-admitted.
States: All states.
Contact: Pam Quillici at 415-982-3870 or e-mail submissions@crousesf.com.

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