New Markets
Market Detail: Food Liability Insurance Program’s (FLIP) (www.fliprogram.com) bakers insurance protects bakers from third-party claims that might arise from their business operations. Covered claims may include slip-and-fall accidents, illnesses caused by baked products, or equipment loss. Baker insurance from FLIP provides coverage for business personal property/inland marine, general liability, product liability, and identity recovery coverage. FLIP baker insurance costs $299 with additional coverage options that can be added for an additional premium to customize a policy.
Available limits: Minimum $2 million, maximum $2 million
Carrier: Great American Insurance Group
States: All states
Contact: Joanne Duke at 844-520-6992 or e-mail: info@fliprogram.com
Market Detail: Veracity Insurance Solution’s (www.veracityinsurance.com) VIP coverage was designed specifically for the e-cigarette industry with exclusive insurance coverage forms to respond to the needs of the vape industry. Coverage includes no health hazard exclusion. Health hazard exclusions vary from one insurance company to another and can limit coverage to totally exclude all health-related issues, e-liquids, devices, or a combination of these items. As the industry changes and the FDA regulation redefines “tobacco products,” a health hazard exclusion may be more limiting than anticipated. VIP coverage options available with low minimum premiums. Startups and new ventures welcome.
Available limits: Minimum $100,000, maximum $25 million
Carrier: Unable to disclose, non-admitted
States: All states
Contact: Veracity Insurance at 866-395-1308 or e-mail: sales@veracityins.com
Market Detail: Heritage Specialty Insurance (www.heritagespecialty.com) offers BOP or monoline GL for retail, office, wholesale, service and other types of businesses.
Available limits: As needed
Carrier: Chubb
States: Ark., Okla., and Texas
Contact: Bradley Hurt at 866-544-1900 or e-mail: info@heritagespecialty.com
Market Detail: Tejas American General Agency (www.taga1.com) writes arenas, commercial boarding operations, training, breeding, roping’s, etc.
Available limits: As needed
Carrier: Unable to disclose
States: Ark., Ariz., Calif., Colo., La., Mo., Miss., N.M., Okla., Tenn., and Texas
Contact: Anita Herzog at 888-999-8242 or e-mail: anita@taga1.com
Market Detail: NSM Insurance’s (www.nsminc.com) specializes in attorneys, financial institutions, architects & engineers, tech & media, healthcare and hard-to-place miscellaneous. Coverage specialties include: professional liability for any industry, cyber liability, management liability and employment practices liability.
Available limits: As needed
Carrier: Unable to disclose, admitted
States: All states
Contact: Sandip Chandarana at 630-572-0600 or e-mail: sandip@puainc.com
Market Detail: Builders & Tradesmen’s Insurance Services, Inc.’s (www.btisinc.com) One-Shot Builders Risk program is underwritten by a carrier rated A XIII by A.M. Best Co. and accepts many kinds of residential and commercial risks. It also comes standard with easy online quoting & binding. The program provides builder’s risk/course of construction coverages for owner/builders, contractors & developers building or remodeling residential and small commercial properties during course of construction.
Available limits: As needed
Carrier: Great American Insurance CO.
States: All states
Contact: Lindsey Taylor at 916-772-9200 or e-mail: ltaylor@btisinc.com