My New Markets
Market Detail: Encore Special Risks LLC (www.encorerisks.com) has launched a new MGA operation in Richardson, Texas that can produce new accounts for your agency immediately. Encore was established to provide retail agency partners with exclusive, reinsured programs. These custom programs are designed to equip its retail partners with a uniqueness in the marketplace providing value added products to their insureds.
The first program being offered in the transportation arena offers motor truck cargo & physical damage on a local, intermediate and long haul basis. This program is written and 100 percent reinsured by an A+ A.M. Best rated carrier. Program highlights include: broad coverage form; limits up to $250,000; refrigeration breakdown coverage available; $2,500 unearned freight included; debris removal endorsement available; competitive rates; new ventures; flatbeds; containers; intermodal; and a 20 unit maximum.
Available limits: Minimum $100,000, maximum $250,000
Carrier: Clear Blue Specialty Insurance Co.
States: Calif., Texas
Contact: Tammy Summers at 214-612-7890 or e-mail: tammy.summers@encorerisks.com
Market Detail: 1st Quality Insurance Group (www.1qig.com) has direct contracts with some of the largest commercial insurance carriers in the nation. Licensed commercial specialists can review commercial insurance needs, with options from monoline to commercial package.
Available limits: As needed
Carrier: Travelers
States: All states
Contact: Bill Wilson at 800-362-3363 or e-mail: bill.wilson@vgm.com
Market Detail: UCA General Insurance Services Inc.’s (www.ucageneral.com) EZ-Eatery is a new restaurant package program for tea & coffee shops, juice bar, frozen yogurt, ice cream or non-alcoholic drink shops with minimal or no cooking. Premium starting at $750; rated by square feet customer area. Online applications available. Coverages including umbrella, EPLI, cyber liability and workers’ compensation also available.
Available limits: As needed
Carrier: Century-National Insurance Co.
States: Ariz., Calif., Idaho, Ill., Nev., Ore., Utah, Wash., Wisc.
Contact: Barry Colburn at 800-222-5582 or e-mail: bcolburn@ucageneral.com
Market Detail: Apex Insurance Services (www.apexinsurance.com) has a program with an A+XV admitted carrier to place underground and above ground storage tank liability. Quote, bind, issue capability with state COI provided where required.
Available limits: Minimum $500,000, maximum $5 million
Carrier: Unable to disclose
States: All states
Contact: Robert Hughes at 210-812-5658 or e-mail: hughes@apexinsurance.com
Market Detail: IT Risk Managers Inc. (www.itriskmanagers.com) offers coverage for manufacturers; distributors; wholesalers; dealers; inventory/property of others; home defense/concealed carry; and personal collection.
Available limits: As needed
Carrier: Unable to disclose, admitted
States: All states
Contact: Customer service at 888-280-8710
Market Detail: IPA Risk Management, LLC, (www.ipariskmanagement.com) offers employment practices liability, directors & officers, fiduciary liability, crime coverage, privacy protection (HIPAA), errors & omissions are all available on a package or standalone basis. Online quoting capabilities also available. Hiring & firing practices helpline and sexual harassment classes available online to clients with active policy all at no additional cost.
Available limits: Minimum $500,000
Carrier: Scottsdale/National Casualty Co.
States: All states
Contact: Greg Heitmann at 201-797-1215 or e-mail: g.heitmann@ipariskmanagement.com