New Markets
Contractors Construction LiabilityNuts & Bolts: Lincoln Insurance Company (A.M. Best’s “A-” Rated) increases its role in the marketplace by teaming with First Capital Group’s Midwest Contractors Construction Program. The program is available in Illinois, Indiana, Wisconsin, Michigan, Iowa Oklahoma, Missouri, Kansas, Minnesota, Arkansas and Nebraska. First Capital Group’s Illinois Construction Division serves as a Program Manager for LGIC in the Midwest. The coverage is written on admitted paper and covers a range of risks, including general liability, commercial automobile liability & physical damage, owners contractors protective liability, and employee benefits liability.
Dollars: Limits for CGL, including products/completed operations, $1 million per occurrence, $2 million general aggregate, per project; $2 million product/completed operations; $1 million personal injury/advertising injury; $10,000 medical payments; $1 million employee benefits; and up to $1 million fire damage legal liability. Owners Contractors Protective liability limits go to $1 million per occurrence/$2 million general aggregate and are written only in conjunction with CGL/products completed operations.
Commercial Auto is $1 million CSL and can be written on a stand alone basis. Personal injury protection follows statutory requirements. The program also offers $1 million uninsured motorists limits, $1 million underinsured motorists limits and $10,000 medical limits. Additional classes of Commercial Auto and general trucking risk can also be considered. Although the program avoids residential contractors except on an incidental exposure basis, most other classes can be written “in house”. Those classes of business that are excluded may be written on a referral basis
Carrier: First Capital Group
States: First Capital seeks additional qualified producers in Ill., Ind., Wis., Mich., Iowa, Okla., Mo., Kan., Minn., Ark. and Neb.
Contact: Jack Kane, jpkane@first-capital.com about WSA, contact Flanders at 715-843-2801.
Broadcasters – Radio and TelevisionNuts & Bolts: Property & Casualty coverage available to radio and television stations of all sizes including: inland marine (including tower coverage), commercial general liability, umbrella liability, broad real and personal property protection, equipment breakdown, automobile, workers’ compensation, umbrella liability, directors’ and officers’ liability and employee benefits liability. The program is administered through Aon Association Services, a division of Affinity Insurance Services, Inc. The company is admitted and rated “A+” by A.M. Best.
Dollars: Varies, minimum premium $750
Carrier: Aon Association Services, Affinity Insurance Services Inc.
States: All
Contact: Maria Moreno, www.npo-aon.com
Computer Hardware, Software & Service Providers
Nuts & Bolts: Venture Insurance Programs offers an all-lines program for insurance agents of technology-based companies through its Venture Technology program. The program targets hardware manufacturers, software evelopers, ISPs/ASPs and other computer-related businesses. Rated “A-“, “A+” by A.M. Best.
Dollars: Varies, minimum premium$10,000
Carrier: Multiple
States: All
Contact: Annamarie Keen, www.ventureprograms.com