My New Markets
Market Detail: United Educators (www.ue.org) offers trustees and officers liability coverage, sometimes known as directors and officers (D&O) coverage, through its United Educators’ (UE) Educators Legal Liability (ELL) policy and may also be written as a stand-alone UE policy. UE’s ELL policy treats directors, trustees, and officers of educational institutions as a separate category of individual insureds, with rights and protections, including: defense and indemnity (damages) for errors and omissions (wrongful acts). UE’s policy defines “wrongful acts” to include actual and alleged wrongs, including acts performed in the discharge of duties to the educational institution or its affiliates, or on their behalf. Additional coverage features include: an order of payments provision so that, if policy limits are insufficient to cover a loss, trustee obligations are paid before those of the institution; coverage for trustees’ spouses, domestic partners, and estates (for the acts of the trustees); severability for statements or knowledge of other trustees or officers are not imputed to individual trustees in determining availability of coverage. Coverage is non-rescindable for trustees for any reason. Blanket coverage available for those serving on other 501(c)3 nonprofit boards on the institution’s behalf, in excess of any indemnity or coverage provided by the other organization. No policy securities or shareholder exclusions, often an important consideration for trustees (the equivalent of side A coverage.) Discrimination and student-related issues, including coverage that is sometimes referred to as employment practices liability (EPLI). Coverage after leaving the board if the claim is made during the policy period and the institution is still insured by UE.
Available limits: As needed
Carrier: Unable to disclose, admitted
States: All states
Contact: Lisa Vogt at 240-482-2239 or e-mail: lvogt@ue.org
Market Detail: ALIVE RISK, a division of All Risks, Ltd. (quote.allrisks.com/nsp-my-new-) works with retail insurance agents nationwide to make available amusement and theme park liability insurance programs for a wide variety of risk classifications. Alive Risk works with agents to deliver special insurance classifications for go-kart, waterparks, trampoline facilities and family entertainment centers. Coverage features include: excess liability towers available up to $50 million; ability to manuscript coverages; state-of-the-art program for difficult classes; in-house legal consultation, loss control and risk management services; 24/7 claims services.
Available limits: As needed
Carrier: Unable to disclose
States: All states
Contact: Customer service at 410-505-4836
Market Detail: Atlas Financial Holdings (www.atlas-fin.com) provides a market for public auto/para-transit products defined as coverage for non-emergency paratransit, medi-vans, funeral vehicles, church vehicles, and other public transportation vehicles with one to 15 passenger capacity.
Available limits: As needed
Carrier: American Service Ins.
States: Ill., Ind., Mo., and Ohio
Contact: Robert Fattore at 847-472-6700 or e-mail: rfattore@asilink.com
Market Detail: Equity Partners Insurance Services Inc. (www.epinsurance.com) coverage features: ISO manuscript forms; builders risk – ground-up; contractors equipment (scheduled, leased/rented; electronic data processing; installation floaters; mobile equipment floaters; warehouseman’s legal liability; coastal & non-coastal zones considered; crime coverage – all forms, monoline.
Available limits: Minimum $500
Carrier: Unable to disclose
States: Fla., La., Miss., and Texas
Contact: Customer service at 888-825-2740
Market Detail: Insurance Partners Consortium Inc. (www.ipcins.com) offers flood in excess of underlying NFIP or WYO. IPC is a specialist managing general agent and wholesale broker focused on connecting select independent agents to Lloyd’s, London and providing risk management to condominium owners.
Available limits: Maximum $5 million
Carrier: Unable to disclose, nonadmitted
States: Ga., N.C., and S.C.
Contact: Karen Toler at 252-269-6569 or e-mail: inquiries@ipcins.com
Market Detail: Apex Insurance services (www.apexinsurance.com) represents all major and regional carriers offering excess workers’ compensation. A state specific program with Colony is available in Texas & Florida. SIR’s start at $400,000 with police/fire starting at $600,000.
Available limits: As needed
Carrier: Unable to disclose, admitted
States: All states
Contact: Customer service at 210-812-5658
Market Detail: Quirk & Company (www.quirkco.com) specializes in apartments, hotels, motels and homeowner associations. Specialties include: apartments/condominiums; hotels/motels; condo associations/homeowners associations; tenant dwellings; mobile home parks; and aviation.
Available limits: As needed
Carrier: Unable to disclose
States: La., N.M., Okla., Ore., Texas and Wash.
Contact: Customer service at 800-299-9421
Market Detail: Calco Commercial Insurance (www.calcoinsurance.com) provides general liability insurance including product liability insurance. Most classes of business are eligible with a phone indication. Specialty is in the hard to place risks.
Available limits: Minimum $1 million, maximum $10 million
Carrier: Unable to disclose, non-admitted
States: All states
Contact: Sarkis Kaladzhyan at 877-225-2699 or e-mail: sarkis@calcocommercialinsurance.com