New Markets
Social Service Program
Nuts & Bolts: London American Risk Specialists, Inc. is offering a Social Service Program written by an “A” rated carrier that includes general liability, professional liability, (including sexual abuse/molestation) property, non-owned auto, domestic social services with foreign exposure, kidnap & ransom, travel accident, international workers compensation and foreign non-owned auto.
Limits: $1 million to $3 million. Deductible varies by class.
Carrier: Rated “A” by A. M. Best. Non-admitted.
States: Ariz., Ark., Calif. Colo., Conn., Del., Fla., Ga., Idaho, Ind., Iowa, Kan., La., Maine, Md., Mich., Minn., Miss., Mo., Neb., Nev., N.H., N.J., N.M., N.Y., N.C., N.D., Ohio, Okla., Ore., R.I., S.C., S.D., Tenn., Texas, Utah, Vt., Va., Wash., D.C., W.V. , Wis., and Wyo.
Contact: Mike Mullens, underwriting manager, (214) 277-3936 or mmulens@londonamericantx.com.
Tuition Protector
Nuts & Bolts: Markel’s Tuition Protector protects schools’ revenues and eliminates the financial burden families face when students are forced to withdraw prior to term completion. Tuition Protector has been specifically developed to provide coverage for virtually any event that may cause a student’s withdrawal.
Limits: Set a fee level to be insured. Minimum premium average, $10,000.
Carrier: Rated “A” by A.M. Best. Admitted.
States: All, except Alaska and Hawaii.
Contact: Kevin Wingfield, underwriter, (800) 431-1270, ext. 7640 or kwingfield@markelcorp.com.
Travel Professionals
Nuts & Bolts: Liberty International Underwriters, a division of Liberty Mutual Group, and Travel Professionals Insurance Network, a service of MPP Company, Inc., have partnered to offer a new travel professionals’ E&O insurance product. Travel professionals face a complex array of exposures whether they specialize in corporate or leisure travel, are large tour operators or small, retail agencies. The policy forms were developed by a team of travel industry insurance and professional liability specialists at TPIN and LIU.
Limits: Minimum premium is $350 for $1 million.
Carrier: Rated “A” XV by A.M. Best. Admitted and non-admitted.
States: Ala., Ariz., Ark., Colo., Conn., Del., D.C., Hawaii, Idaho, Ill., Ind., Iowa, Ken., Maine, Md., Mich., Minn., Mo., Mon., Nev., N.H., N. J., N.D., Okla., Ohio, Ore., Penn., S.D., Tenn., Texas, Utah, W.V. and Wis.
Contact: Alice Ergovich, (913) 564-0866 or www.travelproins.com.
Retail Shopping Centers
Nuts & Bolts: Argonaut Group, Inc.’s Select Markets segment is expanding to write the retail shopping center marketplace. Highlights include coordinated policies for comprehensive landlord-tenant liability coverage, signage protection based on actual loss sustained, a 24-hour emergency claims hotline, and access to over 15 proprietary safety and loss prevention resources.
Limits: GL limits $1 million; property, $20 million in total insured value, flexibility case by case.
Carrier: Rated “A-” by A.M. Best. Admitted.
States: All, except Alaska, Florida, Hawaii, Louisiana, Mississippi, and New York.
Contact: David Edison at (503) 833-1696 or www.argonautgroup.com.