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.
Contractors
Nuts & Bolts: Lemac & Associates, a division of Risk Placement Services, Inc., is offering coverage for the admitted market writing workers’ compensation, general liability and A.L. for commercial artisan contractors. General liability is first dollar; All lines are required; and up to 10 percent residential. No general contractors but can entertain most classes of subcontractors including sewer and water, even those that do hook-ups, street and road, grading/excavation, plumbing, electrical, concrete, etc.
Dollars: $1 million to $2 million.
Carrier: Rated “A” XV by A.M. Best. Admitted.
States: All.
Contact: Bill Newton at 323-857-9400 or e-mail wnewton@lemacassociates.com.
Hackers
Nuts & Bolts: Coverage for unauthorized access to electronic communication systems (hacker) is being offered by Chopra Insurance Brokerage, Inc. Losses from viruses, unauthorized access, theft of proprietary information, denial of services, financial fraud, website defacement, telecom fraud, abuse of wireless network, system penetration can stop a business’s operations including loss of revenue and production time.
Dollars: $500,000 to $5 million.
Carrier: Rated “A” by A.M. Best. Non-admitted.
States: Alabama, California, Colorado, Connecticut, Delaware, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana., Maine, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Tennessee, Nevada, New Hampshire, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Rhode Island, South Carolina, South Dakota, Tennessee, Utah, Vermont, Virginia, Washington, D.C., West Virginia, Wisconsin.
Contact: John Upchurch at 818-551-4588 or e-mail Jupchurch@choprainsurance.com.
Churches
Nuts & Bolts: ACBOA Insurance Center is offering coverage for churches and other religious groups.
Dollars: Varies.
Carrier: Travelers rated “A+” by A.M. Best. Admitted.
States: All, except Florida.
Contact: Kim Holley at 800-394-2767, ext. 1127 or e-mail kholley@ramsgateinsurance.com.
Sports Activities
Nuts & Bolts: American Specialty Insurance & Risk Services, along with FastCov.com provides affordable coverage for sports and recreation activities. FastCov.com offers general liability and accident medical insurance online and immediate evidence of insurance coverage. FastCov.com has no volume requirement and pays competitive commissions. Brokers need to sign an agreement with American Specialty prior to using FastCov.com.
Dollars: $1 million per occurrence/$2 million aggregate.
Carrier: Rated “A+” by A..M. Best. Admitted.
States: All, except California, Connecticut, Louisiana, New Hampshire, New York, Oklahoma and Washington.
Contact: Varun Kaushik at 800-245-2744 or e-mail FastCov@amerspec.com.
Arts & Cultural Centers
Nuts & Bolts: Great American Insurance offers property/casualty programs for arts and cultural classes to include: arts centers, arboreta, botanical gardens, dance, drama and fine arts schools, cultural centers, performing arts, historic sites and museums, opera, traveling theatre groups, and historic theatres.
Dollars: Varies.
Carrier: Great American Insurance Co. rated “A” by A.M. Best. Admitted.
States: Alabama, Arkansas, Arizona, Alaska, California, Colorado, Delaware, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Utah, Vermont, Virginia, Washington, D.C., West Virginia, Wisconsin, Wyoming.
Contact: Rick Hasselbeck at 513-287-8112 or e-mail rhasselbeck@gaic.com.
Foreclosed and/or Vacant Property
Nuts & Bolts: Myron Steves is offering property and/or liability coverage for foreclosed and/or vacant properties — residential or commercial. Single policy or reporting form available. Online system available for financial institutions.
Dollars: Up to $10 million.
Carrier: Major carriers rated “A-” or better by A.M. Best. Admitted.
States: All.
Contact: Gail Bowlin at 713-351-8297 or e-mail gbowlin@myronsteves.com.
Kennels and Animal Daycare
Nuts & Bolts: Pennock Insurance, Inc. is offer physical damage coverage for the animals in insured’s care, custody and control; veterinarian medical expense coverage included. Professional liability for grooming; no general liability or inland marine deductible. Umbrella or excess liability.
Dollars: Varies.
Carrier: Rated “A++” by A.M. Best. Non-admitted.
States: Delaware, Maryland, New Jersey, Pennsylvania, Virginia.
Contact: Edwin Minner at 800-662-5182, ext. 1246 or e-mail eminner@pennockins.com.
Limousines
Nuts & Bolts: Lancer now offers 15 percent commission for new limousine accounts to retail brokers. Coverage is available for stretches, sedans, super-stretches and limo buses. Coverages include commercial automobile liability, automobile physical damage, commercial general liability, garage liability and garage keepers legal liability. Larger accounts can also be underwritten with a liability deductible. Program not available to radio-dispatched vehicles, car service operations and taxis.
Dollars: Liability up to $5 million.
Carrier: Rated “A-” by A.M. Best. Admitted.
States: Alabama, Arizona, Arkansas, Colorado, Connecticut, Georgia, Idaho, Indiana, Iowa, Kansas, Maine, Maryland, Michigan, Minnesota, Mississippi, Missouri, Nebraska, New Hampshire, New Mexico, North Carolina, North Dakota, Ohio, Oregon, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Vermont, Virginia, Washington, D.C., Wisconsin, and Wyoming.
Contact: Mickey Bayard at 516-431-4441 or e-mail mbayard@lancer-ins.com.