New Markets

New Markets

Hospitality Program Nuts & Bolts: Venture Insurance Programs added “Venture Hospitality,” to its hospitality program to complement its workers’ compensation products. The package is ideally suited for full-service restaurants, hotels and resort properties, and is available in all states. Hanover’s …

Employment Practices Liability Program

Nuts & Bolts: Arrowhead General Insurance Agency Inc.’s professional liability division launched an employment practices liability insurance program for small- and mid-market businesses in 47 states. Highlights include coverage for full prior acts; specific coverage for employment claims arising out …

High Limit Excess Policy

Nuts & Bolts: Fireman’s Fund Ins. Co. began the national roll-out of a very high-limit excess policy tailored to the unique needs of affluent and high-net-worth clients with special liability coverages for nonprofit directors and officers, as well as for …

Business Owners Policy

Nuts and Bolts: Citizens and Hanover Insurance Companies have introduced a new, expanded Business Owners Policy, called Avenues Business Owners Policy (Avenues BOP), providing agents with flexible product for a wide spectrum of businesses in the small to mid-size commercial …

Oil and Gas

Nuts and Bolts: American E&S has a new oil and gas insurance program focused on exploration and production companies. This new program features control of well insurance coverage at competitive rates, flexibility, and highly rated insurers. Carrier: Highly rated, nonadmitted. …

Life

Nuts and Bolts: The Principal Financial Group offers Principal Universal Life (UL) Protector II, which provides guaranteed death benefit protection for individuals’ businesses or personal estates. The policy gives individuals choices in guaranteed death benefit protection up to age 121, …

Internet Liability

Nuts and Bolts: Media/Professional Insurance and AXIS U.S. Insurance Companies are offering CyberLiability Plus coverage, which protects Web-based businesses and their content against liability. The original policy form was introduced in 1999 as one of the first coverages for cyberrisk, …

E&O Liability Product

Nuts & Bolts: Kansas City-based underwriting manager and claims administrator Euclid Managers LLC launched ProtoType, an insurance product for manufacturers. The product features errors and omissions, Web site protection, security coverage, copyright and trademark infringement, defamation, privacy and other personal …

Customized Liability for Restaurants

Nuts & Bolts: Monitor Liability Managers Inc. released “Restaurant InsurePak,” a tailor-made employment practices liability program geared specifically for full-service restaurants, fast-food restaurants, cafeterias, food service contractors and vendors. The target market is small- to mid-size accounts ranging from five …

American Tribal Governments and Casinos

Nuts & Bolts: M.E. James Surplus Lines Ins. Agency writes a customized package for tribal governments and gaming operations, as well as operations supporting gaming enterprises, like hotels, daycare centers, gift shops, golf courses and convention centers. Available coverages include …

New Markets Archives by Month