New Markets
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com.
Gas Utilities Distribution
Nuts & Bolts: London American Risk Specialists Inc. is offering all lines of coverage including contractors that do work for utilities.
Dollars: Varies. $25,000 account minimum; $150 million or less revenue.
Carrier: Rated “A” by A.M. Best. Admitted.
States: All.
Contact: Larry Vickery at 901-312-9387 or e-mail lvickery@londonamericaantx.com.
Temporary Staffing
Nuts & Bolts: Premier Temps is a loss sensitive workers’ compensation, general liability, auto liability program built exclusively for the temp staffing industry. Premiums based on individual loss history. Returns underwriting profits to the insured. No capitalization. No assessments.
Dollars: Varies by state statute.
Carrier: Discover Re rated “A” by A.M. Best. Admitted.
States: All.
Contact: Eric Zabinski at 630-694-5457 or e-mail eric_zabinski@artexrisk.com.
Plumbers CPL with Incidental Mold
Nuts & Bolts: National E&S Insurance Brokers Inc. is offering a plumbing contractor pollution liability (CPL) program on an occurrence basis and incidental mold coverage on claims made basis. Plumbers routinely work in environments where mold, asbestos, lead, and sewage are present. Even if the plumber does nothing wrong, the plumber can still be forced to defend a lawsuit with their own money as their current general liability policies exclude pollution. Protect your errors and omissions for uncovered pollution claims on the general liability.
Dollars: $1 million to $11 million. Premiums begin at $2,500 with a mold exclusion and $7,500 with incidental mold coverage.
Carrier: Rated “A” by A.M. Best. Admitted and non-admitted.
States: All.
Contact: Cesar Baragan at 661-266-4444 or e-mail cesar@nationaleands.com.
Commercial Property with Wind
Nuts & Bolts: NSU Property is a wholesale brokerage focused on the needs of commercial real estate risks for layered placement structure to cover catastrophic risk, particularly from wind hazards. Our focus is also to develop flood coverage programs to compete with the National Flood Insurance Program. Property highlights include: Specialists dedicated 100 percent to commercial property; relationships with over 25 domestic and foreign markets; coverage for catastrophic exposure including wind, flood, and quake.
Dollars: Up to $500 million.
Carrier: Rated “A” by A.M. Best. Admitted.
States: All.
Contact: Linda DiNapoli at 561-995-7520 or e-mail ldinapoli@nsui.com.
Mixed Martial Arts
Nuts & Bolts: Francis L. Dean & Associates of California is offering participant accident insurance up to $100,000 and liability coverage up to $6 million for mixed martial arts tournaments and bouts. Benefits may be adjusted to meet individual state athletic commission requirements. Annual coverage is also available for mixed martial arts schools and training facilities.
Dollars: $2,500 to $6 million.
Carrier: Rated “A” by A.M. Best. Admitted.
States: All.
Contact: Alyson Norrbohn at 888-416-9091 or e-mail Anorrbohm@fdean.com.
Not-for-Profit D&O with EPLI
Nuts & Bolts: Irwin Siegel Agency is offering not-for-profit directors and officers coverage that provides broad D&O liability insurance and expansive EPL protection. The D&O program is available to a wide array of classes. This program is designed to cover the various needs of these types of individuals and the risks their exposures present. This product is available on a mono-line basis or as an ancillary policy to coincide with a package product.
Dollars: Varies.
Carrier: Rated “A+” by A.M. Best. Admitted.
States: All.
Contact: Brad Rutledge at 847-622-8272 or e-mail Brad.Rudledge@SiegelAgency.com.