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.
Apartments Low Income Subsidized Housing
Market Detail: Housing Insurance Services offers programs through two admitted carriers designed for low income and subsidized housing risks. The program designed for commercial multifamily apartment risks with portfolios containing at least 30% to 100% subsidized or low income housing. Coverages include property and general liability with direct access to underwriters. This is not a market for student housing, construction or substandard risks (i.e. vacant buildings). Coastal properties are subject to wind restrictions. The portfolio may NOT contain assisted living, restaurants or significant commercial exposure (office exposure acceptable). Agency contract and Appointment needed. Minimum premiums begin at $750 and property deductibles start at $1,000.
Available limits: As needed.
Carrier: Unable to disclose. “A-” rated by A.M. Best. Admitted.
States: All except Alaska and Hawaii.
Contact: Sherry Sullivan at 203-272-8220 or email ssullivan@housingcenter.com.
Data Breach Liability
Market Detail: Burns & Wilcox (through Rathbone, King & Seeley) has the markets and expertise to help you learn about and sell cyber liability products. New cyber liability risks faced by clients leave them vulnerable to loss and their agents open to errors and omissions claims. Minimum premiums for this protection begin at $2,500.
Available limits: As available.
Carrier: Unable to disclose. “A” rated by A.M. Best. Non-admitted.
States: All.
Contact: Denise DiPietro at 916-414-7023 or email drdipietro@burns-wilcox.com.
Professional Liability-Multiple Classes
Market Detail: Mercator Risk Services Inc. a specialty wholesale insurance broker operating in all states, offers agents access to MercatorPro, a wholesale broker and underwriting manager division that specializes in the placement of professional liability insurance. Our professional liability expertise, broad carrier relationships, exceptional service and exclusive programs give independent agents and brokers an unique advantage. Coverages available through this program include: errors and omissions, directors and officers, employment practices liability and medical professional liability for operations such as physicians, managed care operations and medispas.
Available limits: As needed.
Carrier: Unable to disclose. Rating not provided. Admitted and non-admitted.
States: All.
Contact: Maura Beaudreault at 860-280-2146 or email mbeaudreault@mercatorrisk.
Alcohol & Drug Rehabilitation Facilities
Market Detail: AFC Insurance Inc. offers coverage tailored for facilities and organizations that treat individuals with addictions. Eligible classes include: addiction treatment services, outpatient alcohol/drug counseling, residential alcohol and drug rehabilitation centers, substance abuse centers, 12 step programs, halfway houses, day treatment, intervention & education programs and outpatient detox. Coverages available include general liability, professional liability, umbrella, property and auto.
Available limits: $1 million to $3 million.
Carrier: Chartis and QBE Specialty. “A” rated by A.M. Best. Admitted and non-admitted.
States: Ariz., Calif., Conn., Del., Fla., Ga., Ill., Ind., La., Md., Mass., Mich., Minn., N.J., N.M., N.Y., Ohio, Pa., Texas and Va.
Contact: Michael VonFabian at 610-814-2192 or email michael.vonfabian@afcins.com.
Home Health Care Coverage
Market Detail: Smith, Bell & Thompson Inc. has been a leading provider of coverage for home health care providers, visiting nurse associations (VNA’s), nurse registries/employment agencies, traveling nurse companies, hospices and medical staffing providers for over 35 years.
Available limits: As needed and available.
Carrier: Unable to disclose. Rating not provided. Admitted and non-admitted.
States: All.
Contact: Kerry Anderson at 802-658-4600 or email kanderson@sbtinsurance.com.
Work Comp for Roofers & Contractors
Market Detail: Chamber Insurance Agency Services brings agents a competitive program for roofers and contractors. High experience mods are just fine. The minimum premium for roofers is $75,000.
Available limits: Statutory.
Carrier: Carrier not provided. “A-” and ” A” rated by A.M. Best and S&P. Admitted.
States: Alaska, Ariz., Calif., Colo., Conn., Del., D.C., Fla., Ga., Hawaii, Idaho, Ill., Ind., Iowa, Kan., La., Maine, Md., Mass., Mich., Minn., Miss., Mo., Mont., Nev., N.H., N.J., N.M., N.Y., N.C., N.D., Ohio, Okla., Ore., Pa., R.I., S.D., Tenn., Texas, Utah, Vt., Va., Wash., W. Va., Wis. and Wyo.
Contact: Amy Feltmann at 973-669-2309 or email afeltmann@chamberagent.com.
Architects & Engineers
Market Detail: Apogee Insurance Group, a Berkshire Hathaway Company offers a broad architects and engineers program with the following coverage features: 1) Definition of professional service includes engineering, architecture, construction management and environmental consulting; 2) Offerings can include cyber liability, pollution liability and an option for first dollar defense; 3) Bodily injury and property damage coverage offered for claims in connection with professional and pollution liability; 4) Coverage for independent contractors; 5) A worldwide coverage territory; 6) “Innocent insured” and mediation credit coverage offered; 7) The availability of an aggregate deductible endorsement; and 8) An available blanket waiver of subrogation. Minimum premiums begin at $2,500 and deductibles begin at $2,500.
Available limits: $500,000 to $10 million.
Carrier: Ace, Admiral, AIG, Beazley, CNA, Hiscox, Houston Casualty, Lloyd’s and Navigators. “A” rated by A.M. Best. Admitted and non-admitted.
States: All.
Contact: Robert J. McIntyre at 610-337-3200 or email rmcintyre@apogeeinsgroup.com.
Inland Marine for Any Risk
Market Detail: Allied Insurance Brokers Inc. gives agents access to inland marine coverage for any risk. Examples of eligible classes include: any equipment-driven risk; builders and general contractors; machine shops, well drilling and servicing; broadcasting property and equipment; electronic equipment; railroad rolling stock; warehouseman’s legal liability; scientific equipment; oil and gas equipment; surface mining; warehouses; builder’s risk; and wind coverage available in southeast United States. Minimum premiums begin as low as $2,000.
Available limits: As needed.
Carrier: Fireman’s Fund, Max Specialty, Navigators and others. “A” rated by A.M. Best. Admitted.
States: All.
Contact: Chuck Weisenborn at 800-569-9427 or email cweisenborn@alliedinsbrokers.com.
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