New Markets
Market Detail: Accessible Marine Insurance (AMI)
(ami-ins.com) works with clients providing ROV inspection services. The limits of insurance can vary depending on the customer’s requirements, but start at $1 million for general liability limits. A typical equipment policy may not cover equipment once it hits the water, therefore it is important to secure a contractor’s equipment policy for waterborne exposures with limits equal to the value of the ROV. Also, a general liability policy may not cover wet operations such as ROV inspection work. Quotes for workers compensation with a USL&H endorsement are also available, although it may not be required if the water is not navigable.
Available limits: As needed
Carrier: Unable to disclose
States: All states
Contact: Customer service at 504-486-5411
Market Detail: Prospect General (www.
prospectgeneral.com) has created a single policy coverage option for clients who own portfolios of real estate investment properties. The coverage has been designed to allow for the addition and deletion of properties throughout the entirety of the policy term with applicable prorated accounting ramifications measured to the day of the change. Coverage focuses on one-to four-unit dwellings, but small apartments and light commercial will be reviewed. Restaurants or bars/taverns will not be covered. Prospect has built the product in partnership with Lloyd’s of London, whose various insurance syndicates have long supported the real estate investor space. Coverage features include: one policy, one payment for the entire rental portfolio; nationwide in scope; portfolios can be a mix of homes, condos and/or apartment units; built for buy-and-hold and/or fix-and-flip portfolios; multiple named insureds OK (individuals, LLCs, trusts, LPs, etc.); few restrictions; AirBnb and vacation rentals OK; no brush restrictions; no year build or roof age restrictions.
Available limits: Minimum $10,000, maximum $2 million
Carrier: Lloyd’s
States: All states
Contact: Jorge Martinez at 619-597-1274 or email: jlm@prospectgeneral.com
Market Detail: Temp Staff Risk Services (www.tempstaff
riskservices.com) temporary staffing liability coverages protect clients, employees and the company. Not all staffing liability programs are the same, so it is important to consider the differences when selecting a liability insurance partner: Zurich, Everest, Philadelphia, One Beacon, Arch and others available.
Available limits: As needed
Carrier: Zurich, Everest, Philadelphia, One Beacon, Arch
States: All states
Contact: Rob Schild at 1-800-245-6899, ext. 15045 or email: rob.schild@tempstaffriskservices.com
Market Detail: Gabor Insurance Services, Inc. (www.gaborinsurance.com) has been offering coverage in Florida for more than six decades. Gabor Insurance Services Inc. operates solely as a property and casualty wholesaler and is not affiliated with any retail insurance agency. Commercial coverage includes property, liability, garage, BOP, inland marine, and other miscellaneous. Personal coverage includes homeowners/dwellings; farms & ranch owners; online umbrella; inland marine; and other miscellaneous.
Available limits: As needed
Carrier: Unable to disclose
States: Fla. only
Contact: Customer service at 786-924-7055
Market Detail: USG Insurance Services, Inc. (www.usgins.com) offers product recall, discontinued operations, domstic and foreign, reverse flow, sporting gear/helmets, auto parts, chemicals, toys, food, pharmaceutical and medical coverage. USG works with more than 260 carriers in all states, to place these accounts.
Available limits: As needed
Carrier: Unable to disclose, admitted and nonadmitted available
States: All states except Alaska and Hawaii
Contact: 1-800-886-3897