My New Markets

July 6, 2015

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Workers’ Compensation
Market Detail: Stonehenge Insurance Solutions offers a variety of master program offerings and pay-as-you-go products. Most programs common are guaranteed cost, large deductible and captives.
Available limits: As needed.
Carrier: Unable to disclose.
States: All states.
Contact: Troy Reynolds at 561-951-4315 or e-mail: treynolds@stonehengeis.com.

Risk Point Used Car Dealer Physical Damage Insurance
Market Detail: Risk Point LLC, a managing general agency, is accepting applications from independent agents and brokers throughout the U.S. to provide automobile physical damage coverage for qualified non-franchised dealerships. Program is designed for non-franchised auto dealers and features: same day underwriting turnaround time; Risk Point Alert weather app sends push notifications to a mobile device when severe weather is within 30 miles, 20 miles, and 5 miles of a target auto dealership; weather loss aggregate deductibles available; limited false pretense (trick, scheme or device) available; an aggregate deductible on collision losses. In addition, the “margin clause” provides coverage equal to 125 percent of the limit shown in the event that a loss exceeds the limit of insurance shown on the policy. The average monthly value is the limit of insurance shown on the declaration page that will be used as the rating basis. The “margin clause” does not apply to flood or earthquake coverage. Payment plans available with 15 percent down and 10 monthly payments. No monthly reports of values required by dealers. Claims Service is provided by Risk Point and managed from the Dallas headquarters. Program commission starts at 10 percent.
Available limits: As needed.
Carrier: Unable to disclose, non-admitted.
States: All states.
Contact: Brian Atkinson at 469-310-9142 or e-mail: batkinson@riskpoint.com.

Surety
Market Detail: Philadelphia Insurance Cos. offers financially sound bonding options for well qualified contractors and commercial surety accounts for small to medium-sized contractors and commercial accounts.
Available limits: Minimum $100,000, maximum $2 million.
Carrier: Various, admitted.
States: All states except La.
Contact: PHLY Marketing Dept. at 800-873-4552 or e-mail: phlysales@phly.com.

Marina/Boat Repair & Service Centers
Market Detail: TCA Inc., Marine Insurance Services offers professional liability, commercial excess, builders risk, CGL, pollution liability, hull, GL, pollution, property, protection & indemnity (P&I), piers & docks, liability, marina operators legal, boats, wet marine, commercial marine, excess liability, tools & equipment, contractors Equipment, and ship repairers legal.
Available limits: As needed.
Carrier: Unable to disclose, admitted and non-admitted.
States: All states.
Contact: Carl Peterson at 770-205-2958 or e-mail: carlpeterson@tca-insurance.com.

Non-OwnedRISK
Market Detail: Program Risk Specialists offers non-owned and hired auto coverage for food delivery, couriers and construction risks. No expedited services.
Available limits: Minimum $100,000, maximum $5 million.
Carrier: Various, non-admitted.
States: All states.
Contact: John Ware at 678-802-4032 or jware@geneseeins.com.

Umbrella Insurance
Market Detail: Northbrook Insurance Associates Inc. offers umbrella insurance to protect from liability issues that go beyond the liability limits of standard insurance policies, such as homeowner’s insurance, car insurance, etc.
Available limits: As needed.
Carrier: Unable to disclose.
States: Wis. only.
Contact: Robert Butzke at 800-948-8570 or e-mail: bobb@northbrook-ins.com.

Developmental Disability Facilities
Market Detail: Negley Associates is the underwriting manager for A+ rated carrier with coverages that include: professional and general liability; directors & officers (including EPLI); excess liability; and property. Target classes include: alcohol/drug rehabilitation, mental health facilities; group homes; sheltered workshops; and related organizations.
Available limits: As needed.
Carrier: Unable to disclose, admitted and non-admitted available.
States: All states except D.C.
Contact: Customer service at 973-830-8500.

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Insurance Journal Magazine July 6, 2015
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