My New Markets

Allied Health Care

Nuts & Bolts: Travis-Pedersen Associates, Inc. is now offering a policy that covers a broad range of medical malpractice and general liability exposures. Allied health care facilities are those businesses that provide medical services directly to a patient or client and are ancillary to physician and hospital care. Included in this group are home health care agencies, supplemental medical staffing, hospices, dialysis centers, medical testing laboratories, substance abuse rehabilitation and outpatient rehabilitation facilities for the impaired.

Dollars: $100,000 to $10 million.

Carrier: Rated “A” by A. M. Best. Admitted.

States: Ala., Ark., Ariz., Alaska, Calif., Colo., Conn., Fla., Ga., Hawaii, Idaho, Ill., Ind., Iowa, Kan., Ky., La., Maine, Md., Md., Mich., Minn., Miss., Mo., Mont., Neb., Nev., N.J., N.M., N.Y., N.C., N.D., Ohio, Okla., Ore., Penn., S.C., S.D., Tenn., Texas, Utah, Vt., Va., Wash., D.C., W.V., Wis.

Contact: Matthew Gervin at 312-279-3695 or e-mail mattg@travped.com.

Errors & Omissions

Nuts & Bolts: Swiss Re launched a non-admitted errors and omissions coverage for the members of the Independent Insurance Agents and Brokers of America (IIABA). The non-admitted product is designed for agencies with unique operations and special needs where coverage customization is critical. Larger agencies with expanded product offerings or with unusual ownership structures, agencies specializing in higher-hazard coverages (such as wet marine or long-haul trucking), and less experienced agencies and even agencies with significant losses are aggressively being pursued. Policies are underwritten and claims handled by the same expert team at Swiss Re that services the Big I’s admitted program. Deductibles start as low as $5,000.

Dollars: $5 million per claim/$10 million aggregate.

Carrier: First Specialty Insurance Corp. rated “A+” by A.M. Best. Non-admitted.

States: All.

Contact: IIABA state association.

Stand-Alone Windstorm

Nuts & Bolts: Burns & Wilcox now offers primary or excess when windpool is just not enough. Property values have doubled overnight. Are your clients properly insured? Minimum premium is $1,000; maximum premium is $1 million.

Dollars: $500,000 to $50 million.

Carrier: Rated “A+” by A.M. Best. Admitted and non-admitted.

States: Alabama, Georgia, North Carolina, South Carolina, and Virginia.

Contact: Karen Toler at 252-726-8992 e-mail at kgtoler@burns-wilcox.com.

Horse Mortality, Major Medical Policy

Nuts & Bolts: Equestrian Insurance Group now offers a horse mortality policy that insures a horse against death or injury from almost any cause. Major medical endorsement covers up to $7,500 or $10,000 of reasonable and customary veterinary, medical and surgical care charges necessitated by accident, injury or illness. A $300 deductible will apply to each separate claim during the period of insurance. Diagnostics for non-surgical lameness will be covered for up to $1,000 per occurrence. Humane destruction is covered under the policy but economic destruction is not. This policy is unique as the basic form includes coverage for theft and colic surgery at no additional cost. Preferred rates, comprehensive worldwide coverage, telephone binders and 24 hour claim service.

Dollars: $1,000 to $5 million.

Carrier: Travelers Harford Berkley Lloyds rated “A+” by A.M. Best. Admitted.

States: All, except Hawaii.

Contact: Brent Allen at 602-702-7600 or e-mail at afig@eqgroup.com.

Private Investigators & Detectives

Nuts & Bolts: Brownyard Programs LTD offers specialty insurance (general liability plus errors and omission) programs for private investigators and detectives – the broadest coverage forms available. Also writing: security guard companies, alarm companies, background screening companies, and armored car companies.

Dollars: Starting at $1million.

Carrier: Executive Risk & Lexington, rated “A++” by A.M. Best.

States: All.

Contact: Helen Henner at 631-581-9300, ext. 111 or e-mail Helen@brownyardprograms.com.