My New Markets

December 2, 2013

My New Markets is brought to you by Insurance Journal’s sister website: www.mynewmarkets.com

Umbrella for Hotels/Resorts
Market Detail: Fulcrum Insurance Programs is offering a proprietary umbrella program targeting hotels and resorts in all 50 states. Coverage is with A-rated, admitted carriers.
Available limits: Minimum $20,000; maximum $250,000.
Carrier: Unable to disclose, admitted.
States: All states.
Contact: Customer service at 425-453-5157.

Mechanical Bull Insurance
Market Detail: Cossio Insurance offers affordable and high-quality insurance for mechanical bulls, bucking machines and other amusement devices.
Available limits: As needed.
Carrier: Unable to disclose.
States: All states.
Contact: Larry Cossio at info@cossioinsurance.com.

Technology & Information Liability
Market Detail: Quadrant Insurance Managers’ Technology & Information Liability Program is designed for: application service-providers (ASPs); business software & services (CRM,ERP,HR, BI); health care information software & data services; information services providers (data processor, data storage); technology services (installation, training, integration, advice); internet technology service (e-commerce, online business); other technology service; other information services; traditional firms using technology within highly regulated industries for data privacy (health care, banking, government, retail); and business with annual revenues between $5 million and $500 million.
Available limits: As needed.
Carrier: Unable to disclose.
States: All states.
Contact: Karen Harris at 614-841-1425 or email: kharris@quadrant-us.com.

Zoos & Aquariums
Market Detail: American Specialty Insurance & Risk Services offers a program tailored to zoos and aquariums. Types of coverages include: general liability (volunteers as additional insureds, sexual abuse/molestation); excess/umbrella; liquor liability; commercial auto; property. Various deductible/SIR options are also available.
Available limits: As needed.
Carrier: Unable to disclose, admitted and non-admitted.
States: All states.
Contact: Dave Mello at 260-673-1238 or email: dmello@amerspec.com.

Business Interruption – Restaurants
Market Detail: Professional Liability Insurance Services Inc. offers business interruption coverage for restaurants in the event of a food borne illness through its Trade Name Restoration program. Coverage includes immediate crisis management assistance in marketing, media support, government response, customer interaction and more. The Trade Name Restoration program has $100 million in available capacity per trade name and offers up to an 18-month period of restoration. No restaurant is too large or too small. Corporate, franchise and mom-and-pop operations are considered. No minimum premium.
Available limits: As needed.
Carrier: Certain Underwriters at Lloyd’s.
States: All states.
Contact: PLIS Product Team at 512-328-0677 or email: underwriting@plisinc.com.

Mobile Home Parks
Market Detail: Capitol Insurance Cos. provides accident insurance, auto, employment practices liability, general and umbrella liability, identity theft, liquor liability, professional liability, property and inland marine, and workers compensation coverage for mobile home parks.
Available limits: As needed.
Carrier: Unable to disclose, admitted and non-admitted.
States: All states.
Contact: Sales Rep at 608-829-4208 or email: marketing-agency@capitol.net.

Cannabis – Dispensary and Growers
Market Detail: GP Insurance Brokers, LLC offers products completed operations with health hazards that can be added to all growers and dispensary policies. GO Insurance Brokers’ MMDInsurance Services develops insurance programs for medical marijuana cultivators, dispensaries and manufacturers. MMD provides a complete line of insurance products for cannabis industry-related businesses in all states permitting. MMD provides insurance coverage at competitive rates for commercial cultivators, dispensaries and other services associated with the production and distribution of cannabis.
Available limits: Minimum $500,000, maximum $2 million.
Carrier: Lloyd’s of London.
States: All states.
Contact: Michael Aberle at 916-503-4808 or email: maberle@gpinsurancebrokers.com.