My New Markets
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A+ Programs Commercial BOP
Market Detail: Northern Underwriting Managers Inc. offers an all lines commercial BOP product for a wide spectrum of small business P/C clients. The small-business product is designed around the philosophy of speed to market and flexibility in everything from processing, rating, issuance and pay plans. All lines are available combined as a package or monoline based on need. Clients are able to choose from a variety of direct bill plans including: EFT monthly, semi-annual, quarterly, 10-pay, 11-pay and 12-pay plans with down payments starting at 15 percent
Available limits: As needed.
Carrier: Unable to disclose, admitted.
States: All states except Ala., Alaska, Ariz., Colo., Conn., D.C., Dela., Fla., Ga., La., Maine, Mass., Md., Miss., N.H., N.M., Ohio, Ore., R.I., Utah, Vt., and Wash.
Contact: Mike Doak at 816-728-1847 or email: mdoak@niinsurance.com.
Cannabis Insurance
Market Detail: Teso Insurance Service Inc. offers a cannabis insurance protection program for the medical cannabis industry and the cannabusiness, including: growers; dispensaries; collectives; cooperatives; laboratories; doctors; events; lawyers; and manufacturers and suppliers.
Available limits: As needed.
Carrier: Unable to disclose.
States: All states.
Contact: Customer service at 714-329-2448.
Condominium Owners
Market Detail: Preferred Property Programs‘ coverage includes: boiler and machinery; commercial excess; environmental liability; equipment breakdown; umbrella; and excess liability.
Available limits: As needed.
Carrier: Unable to disclose, admitted and non-admitted available.
States: All states.
Contact: Customer service at 888-548-2465.
Construction – Casualty – All kinds
Market Detail: Peachtree Special Risk Brokers offers capacity up to $500 million with minimum premiums starting at $7,500 for primary CGL and $5,000 for excess/umbrella. Coverage is available nationwide with underwriting authority in house in Florida. The New York contractor insurance marketplace also is available with a minimum $75,000 CGL with comprehensive coverage.
Available limits: As needed.
Carrier: Various, non-admitted.
States: All states except Alaska and Hawaii.
Contact: David O’Keeffe at 201-913-8030 or email: dokeeffe@psrllc.com.
Water Treatment and Water Handling Industry Program
Market Detail: Watercolor Management has an A++ specific liability insurance program for the water treatment and water handling business. Includes boiler and cooling system service providers; industrial and commercial water treatment companies; water system scale and corrosion prevention; water treatment chemical suppliers; and water treatment equipment servicers, providers, suppliers and manufacturers. This program provides liability coverage including commercial general liability; completed operations liability; products liability, pollution (onsite and work site, including HAZMAT); employee benefits liability; and employment practices liability. Other coverages are bonds; crime; commercial auto; excess pollution; excess liability; equipment breakdown; hired and non-owned auto; inland marine; property and workers’ compensation. Additional features include: $1 million occurrence/$3 million aggregate limit – general and professional; $1 million defense costs; $500,000 onsite pollution coverage; $25,000 offsite pollution cleanup; $250,000 employee benefits liability; $250,000 employment related practices liability; $100,000 fire legal liability; $10,000 medical payments (on request); $1 million hired and non-owned auto (on request); up to $25 million excess pollution (on request).
Available limits: Minimum $1 million, maximum $10 million.
Carrier: Unable to disclose, non-admitted
States: All states except Alaska and Hawaii.
Contact: Customer service at 256-260-0412.
Nonprofit Organizations
Market Detail: Donald Gaddis Co. Inc. Insurance Services writes all lines of professional liability; directors and officers liability; media liability; cyber and employment practices liability. Difficult or unusual commercial property, casualty, or package coverages, liquor liability and hard-to-place homeowners are also available. Workers’ compensation or automobile liability coverage are not available. The company represents 70 excess and surplus lines and specialty carriers on a brokerage basis.
Available limits: As needed.
Carrier: Unable to disclose.
States: All states.
Contact: Chris Gaddis at 312-853-0071 or email: cgaddis@gaddiscompany.com.