New Markets

Expanded Excess Surety Bond Capacity

Nuts & Bolts: The Chubb Group of Insurance Cos. introduced its new SuretyPlus product, which reportedly can provide up to $250 million in excess surety bond protection for projects over $500 million. It is designed to enable qualified construction firms …

Luxury Pleasure Boats and Mega-Yachts

Nuts & Bolts: INAMAR, the marine marketing and underwriting division of ACE USA, introduced a significantly enhanced version of its elite yacht program, an insurance program designed exclusively to fulfill the unique insurance needs of high-value luxury yacht owners. This …

Management Liability for Manufacturers

Nuts & Bolts: St. Paul Travelers launched a new management liability insurance program for members of the National Association of Manufacturers. The program is administered exclusively by Aon Association Services, a division of Aon’s Affinity Insurance Services Inc. The new …

Sports Associations, Venues, Promoters and Events

Nuts & Bolts: SportsMax for sports insurance. Headquartered in Manhattan Beach, Calif., SportsMax insures sports associations, venues, promoters and events, working in a wide range of sports. SportsMax is a division of Gowrie, Barden and Brett. Program highlights include association …

Internet Basic Liability

Nuts & Bolts: St. Paul Travelers launched a basic Internet liability policy aimed at small to mid-size technology companies. Internet basic liability protection is designed for technology businesses or firms with between $5 million and $100 million in revenues that …

Motorcycle, Garage, Open Lot

Nuts & Bolts: MBA Holdings’ subsidiary, National Motorcycle Dealers Association has entered into an agreement with Universal Underwriters Group to underwrite insurance products to franchised motorcycle dealers. Universal Underwriters Group product offerings include: auto inventory physical damage, property, garage liability, …

Big Boat Insurance for Racers and Cruisers

Nuts & Bolts: U.S. Sailing Assoc., the national governing body for the sport, and Gowrie Barden & Brett, have teamed up to offer a new big boat insurance program for U.S. Sailing members. The program offers comprehensive, customized coverage for …

Misc. E&S

Nuts & Bolts: CRC Insurance Services, based in Atlanta, Georgia, is offering a new E&S market for businesses such as cosmetics manufacturing, playground equipment distributor, skateboard ramp manufacturing, aftermarket auto parts, candle importing, conveyor belt manufacturing, go-kart distributing, tire distributing, …

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 …

Apartment Building Program

Nuts & Bolts: New Age Brokerage LLC, based in Morristown, N.J., made available a comprehensive apartment building insurance product, now available to insurance agents and brokers in New York, New Jersey, Pennsylvania, Maryland, West Virginia, Virginia, North Carolina, Tennessee, South …

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