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.

Private and Parochial Schools
Nuts & Bolts: Francis L. Dean & Associates of Colorado is offering accident insurance up to $25,000 for the students and staff members of private and parochial schools. Product includes coverage of all interscholastic athletics; self-rating program with minimum premium beginning at $150; no deductibles. Available for Montessori, proprietary, charter, independent and magnet schools, as well as private and parochial schools.
Dollars: $25,000 to $100,000.
Carrier: Rated “A+” by A.M. Best. Admitted.
States: All.
Contact: Thomas Wojciechowski at 800-986-5350 or e-mail Twojciechowski@fdean.com.

Kidnap and Ransom Coverage
Nuts & Bolts: Travis-Pedersen & Associates of Arizona LLC has a kidnap/ransom, extortion and detention insurance policy that addresses the full range of exposures facing commercial enterprises and individuals based in the U.S. and overseas. The broad policy form offers a comprehensive package of protection designed to help victims cope with what can be devastating emotional and financial consequences should an event occur.
Dollars: $1 million to $10 million.
Carrier: Rated “A” by A.M. Best. Admitted.
States: All.
Contact: Matt Gervin at 480-281-3850 e-mail mattg@travped.com.

Mortgage Fraud Insurance
Nuts & Bolts: PBIS Insurance Services Inc., is offering coverage for mortgage fraud that pays for losses due to material misrepresentation on residential loans (FNMA, Freddie Mac, and non-conventional secondary market). Some of the details include: per loan coverage; sold to banks and mortgage lenders; covers losses due to mortgage fraud; extensive lender benefits, including training, data, exclusionary lists, and operations reviews. Product is underwritten by Lloyds of London.
Dollars: Starting at $50,000.
Carrier: Lloyds of London rated “A” by A.M. Best. Non-admitted.
States: All.
Contact: Justin Vedder at 415-472-7500 or e-mail jvedder@priestongroup.com.

Health Club
Nuts & Bolts: Sports & Fitness Insurance is a national underwriting facility specializing in sports and fitness facilities. Coverages include: liability; property; workers’ compensation; bonds; business auto for health clubs; fitness centers; martial arts studios; personal trainers; performance training facilities; racquet clubs; tennis centers; dance schools; yoga studios; pilates studios; and commercial swim schools and more on both an admitted and non-admitted basis in most every state.
Dollars: $500,000 to $10 million.
Carrier: Safeco Companies including General Insurance Company of America, American States, American Economy, America Rated “A+” XV by A.M. Best. Admitted.
States: All except Alaska and Hawaii.
Contact: Shelby Waites at 877-496-4671, ext. 2225 or e-mail swaites@sportsfitness.com.

Collector Vehicle
Nuts & Bolts: Markel American Insurance Co. has introduced their collector vehicle insurance program. This program joins their other specialty personal lines, such as motorcycle and various boat products, providing essential coverage to enthusiasts. The program provides comprehensive coverage for a variety of collector vehicles including antique autos and motorcycles, street rods and replicas. It also boasts a very competitive policy form with no mileage limitations. Coverage can be provided for any collector vehicle that is at least $10,000 in value.
Dollars: Up to $1 million.
Carrier: Rated “A” by A. M. Best. Admitted.
States: Massachusetts, Rhode Island, New Hampshire, Maine, Vermont, Indiana, Illinois, Michigan, Ohio, Kentucky, Texas, Wisconsin, Minnesota, Tennessee, Iowa, Missouri, Arkansas, Oklahoma, Louisiana and California.
Contact: Audrey Hanken at 262-548-9880, ext. 3371 or e-mail ahanken@markelcorp.com.

Durable Medical Equipment
Nuts & Bolts: Cailor Fleming Insurance is offering a package policy designed for stores that rent and sell equipment for the home health industry. Program includes: property, general and professional liability, marine and umbrella. Broad market appeal. This is an expanding and growing program with competitive coverage and premiums.
Dollars: $500,000 to $1 million.
Carrier: Rated “A-” by A.M. Best. Non-admitted.
States: All except Alaska and Hawaii.
Contact: Jeffrey Michalenok at 330-782-8068 or e-mail jmichalenok@cailorfleming.com.

GL for Taxi or Paratransit
Nuts & Bolts: American Business Insurance Services Inc. is offering general liability, including products completed operations for taxicab and paratransit companies.
Dollars: $1 million to $3 million.
Carrier: Rated “A” by A.M. Best. Admitted and non-admitted.
States: Arkansas, Arizona, California, Colorado, Connecticut, Delaware,
Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Maine, Maryland, Michigan, Minnesota, Missouri, Nevada, New Hampshire, New Jersey, New York, North Carolina, Ohio, Oregon, Rhode Island, Tennessee, Texas, Virginia, Washington, D.C., and Wisconsin.
Contact: David Haley at 800-980-1950 or e-mail dave@abiw.com.

Trucking
Nuts & Bolts: IPA Risk Management is now offering a market for trucking risks.
Dollars: $750,000 to $1 million.
Carrier: Unable to be rated by A. M. Best at this time. Admitted.
States: Alabama, California, Delaware, Florida, Illinois, Louisiana, Massachusetts, Mississippi, New Jersey, Pennsylvania, Tennessee and Texas.
Contact: Greg Heitmann at 201-797-1215 or e-mail g.heitmann@ipariskmanagement.com.

Products Liability
Nuts & Bolts: K&K Insurance Group Inc. is offering coverage on difficult product liability classes. K&K has carriers available to provide coverage for manufacturers, fabricators, designers, installers, operators, distributors, suppliers, and importers. Eligible classes include: amusement ride manufacturers; auto, motorcycle, truck parts; boats and marine equipment; camping equipment; custom motorcycle manufacturers; exercise and health club equipment; playground equipment; racing equipment and cars; ski equipment, snow boards, skates and skate boards; and, sport equipment and helmets.
Dollars: Varies.
Carrier: Rated “A” or better by A.M. Best. Non-admitted.
States: All.
Contact: Dan Johnson at 800-927-4756 or e-mail product_liability@kandkinsurance.com.

Products Liability — Broadened GL
Nuts & Bolts: Aggressive Insurance Brokers is offering access to a highly rated carrier, writing broad general liability coverages for products-driven accounts. Products aggregate, in addition to extended general liability coverage, is often for accounts that are particularly difficult due to lower sales volume, and/or new ventures.
Dollars: $2 million/$2 million/$1 million.
Carrier: Rated “A” XV by A.M. Best. Non-admitted.
States: All.
Contact: Michael Belanger at 330-659-7501 or e-mail michaelb@1800bindaib.com.