New Markets

August 3, 2009

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.

Vacant Property
Market Detail: American Management Corp. offers property protection to owners of residential and commercial vacant property in 45 states and the District of Columbia. Minimum premiums begin at $750.
Available limits: Up to $2 million.
Carrier: Various carriers. “A” rated by A.M. Best. Non-admitted.
States: Ala., Ariz., Ark., Calif., Colo., Conn., Del., D.C., Ga., Idaho, Ill., Ind., Iowa, Kan., Ky., La., Maine, Md., Mich., Minn., Miss., Mo., Mont., Neb., Nev., N.H., N.J., N.M., N.C., N.D., Ohio, Okla., Ore., Pa., R.I., S.C., S.D., Tenn., Texas, Utah, Vt., Va., Wash., W.Va., Wis. and Wyo.
Contact: Stephen Strange Jr. at 800-233-2398 or e-mail stevejr@amcins.com.

High-Value Homeowners’ Protection
Market Detail: Irwin Siegel Agency Inc. brings agents access to AIG’s Private Client Group program. Private Client Group is a comprehensive package program for high net worth individuals seeking to protect their valuable assets and benefit from flexible coverages, products, services and pricing. A high-deductible option is available to allow targeted high net worth clients effectively control costs. Agents are not subject to production minimums.
Available limits: As needed.
Carrier: American International Group. “A” rated by A.M. Best. Admitted.
States: All.
Contact: Mark Madsen at 800-622-8272 or e-mail mark.madsen@SiegelAgency.com.

Monoline Property for Coastal Exposures
Market Detail: CATalyst Property Insurance from Venture Programs gives agents a commercial property, inland marine and incidental commercial general liability program for coastal property-driven risks. CATalyst can access many carriers to offer agent’s high-hazard, coastal and specialty property risks special form coverage including wind, flood and quake. A difference in conditions (DIC) policy covering flood and quake exposures is also available. Minimum premiums begin at $5,000 (higher in parts of Florida).
Available limits: $1 million to $500 million.
Carrier: More than 20 carriers. “A-” rated by A.M. Best (at minimum). Admitted and non-admitted.
States: All.
Contact: Christian Capozzoli at 800-282-6247 ext. 262 or e-mail ccapozzoli@ventureprograms.com.

Hard-to-Place Marine Risks
Market Detail: Capacity Marine Corp. specializes in hard-to-place marine business. Eligible classes range from complete port operations to single vessel owners. The safety and loss control division will work independently as a loss control and safety program design, management and survey report provider to insurance carriers, insurance brokers and marine clients. Minimum premiums begin at $2,500.
Available limits: As required.
Carrier: Not disclosed. “A” rated by A.M. Best. Admitted and non-admitted.
States: All.
Contact: Walter Wynne at 800-222-2425 or e-mail wwynne@capacitymarine.com.

Childcare Solutions
Market Detail: AFC Insurance Inc. offers an admitted package product for daycare centers and nurseries. The package includes: property, general liability, abuse and molestation, professional liability, automobile, umbrella and accident coverage.
Available limits: As needed.
Carrier: AIG. “A” rated by A.M. Best. Admitted.
States: All.
Contact: Mike VonFabian at 877-456-5323 or e-mail michael.vonfabian@afcins.com.

Child Welfare Organizations
Market Detail: Markel Insurance Co. offers agents access to a program for not-for-profit child welfare organizations such as Boys and Girls clubs, community programs, counseling services, family service agencies, group homes, residential care facilities, Head Start programs and shelters. Available coverage includes general liability, umbrella, sexual abuse/molestation, directors and officers, special events, professional liability, property, key employee replacement, auto, crime and business income. Minimum premiums and deductibles vary based on the risk.
Available limits: Based on risk.
Carrier: Markel Insurance Co. “A” rated by A.M. Best. Admitted.
States: All except Hawaii.
Contact: Rhonda Sciortino at 804-339-0534 or e-mail rsciortino@markelcorp.com.

Watercraft Programs
Market Detail: Burns & Wilcox offers agents access to a watercraft insurance program that provides specialized coverage for a broad range of yachts and motorized boats that includes: houseboats, airboats, sailboats, outboards/inboards, jet skis/wave runners, etc. Coverage is available to “problem operators” and replacement cost can be provided for boats new to three years old.
Available limits: Not provided.
Carrier: Unable to disclose. “A++” rated by A.M. Best. Admitted and non-admitted.
States: All.
Contact: Donna Dodd 770-650-7511 ext. 2236 or e-mail dldodd@burns-wilcox.com.

Senior Housing
Market Detail: NSM Insurance Group offers agents access to its “Independent Senior Housing Insurance Program.” The program is designed for stand-alone independent senior living housing including: 1) Non-profit HUD and state financed apartment buildings; 2) For-profit apartment management companies, condos and co-ops for more affluent seniors; and 3) For-profit and non-profit buildings with more than 50 percent senior occupancy for both affordable and up-scale housing. Nursing homes and assisted living facilities are excluded from this program. Minimum premiums begin at $5,000.
Available limits: As needed.
Carrier: Unable to disclose. “A” rated by A.M. Best. Admitted.
States: All.
Contact: Bill Hurlman at 877-520-2552 or e-mail WHurlman@nsminc.com.

Food Borne Illness
Market Detail: Professional Liability Insurance Services Inc. offers coverage for restaurants suspecting of causing or spreading a food-borne illness: Trade Name Restoration/Food Borne Illness Loss of Business Income for Restaurants. The costs of immediate crisis management expenses, communications, marketing and media support are covered by this program. Accidental and malicious contamination both are covered by this policy. No restaurant is too small. The insured can purchase a six- or 18-month period of restoration. There is no minimum premium.
Available limits: As needed.
Carrier: Certain Underwriters at Lloyds. “A” rated by A.M. Best. Non-admitted.
States: All.
Contact: PLIS Product Team at 800-761-7547 or e-mail underwriting@plisinc.com.

Submit your company’s property/casualty markets to the industry’s leading searchable database at www.mynewmarkets.com.