My New Markets
Market Detail: Aspera Insurance Services Inc. (www.asperains.com) offers commercial general liability and products liability coverages for marijuana products in states with legalized medical and/or recreational use and hemp cannabis/CBD goods. Product divisions and target classes include: Allied health and healthcare – individual practitioners performing evaluations, medical marijuana evaluation clinics, pharmacies/pharmacists dispensing medical marijuana; Casualty – dispensaries; edibles/oil manufacturers, growers, hospitality businesses (bakeries, coffee/cannabis shops, conventions, et al.), LRO properties, processors, rolling paper manufacturers, security firms serving cannabis businesses, vaporizers and other smoking devices/accessories; Life sciences – analytical laboratories; CBD, cannabidiol – topical products only; Hemp – dietary supplements. Management liability coverage including (D&O and EPL) available for cultivation; dispensaries; product manufacturers and others; and retail stores. Professional liability coverage for compliance, licensing, and business consulting; specialized professionals: accountants, architects, engineers, lawyers, etc.; staffing and employment services.
Available limits: As needed
Carrier: Unable to disclose, non-admitted
States: Calif., Colo., Fla., Maine, Mich., Ore., Texas, Va., and Wash.
Contact: Steven Yavorsky at 804-593-3019 or e-mail: marketing@asperains.com
Market Detail: MJ Hall and Co. Inc.’s (www.mjhallandcompany.com) personal lines coverage offering includes admitted and non-admitted markets with available coverages including: dwellings (rental, reno, vacant); homeowners; farm and ranch; standalone primary/excess CPL and umbrella; COC/builders risk; flood; mixed construction; DIC; houseboats; personal watercraft; inland marine, and more.
Available limits: As needed
Carrier: Unable to disclose, admitted and non-admitted available
States: Alaska, Ariz., Calif., Hawaii, Nev., Ore., and Wash.
Contact: April Hughes 209-870-3962 or e-mail: April.hughes@mjhall.com
Market Detail: SouthEast Personnel Leasing (www.spli.com) specializes in and is the preferred carrier/PEO for construction contractors/companies. Program is a great option for alternative WC market w/payroll administration included in the price quote. Commissions range from 7.5% to 12.5% of workers compensation premiums (commissions vary by risk, governing code and size of account). Submission Requirements include: Acord 130; 3-5 years loss history; loss history affidavit for accounts with lapse in coverage or no prior; explanation of claims over $15,000; and experience mod-sheet (if applicable).
Available limits: As needed
Carrier: Lion Insurance, State National (CA, NY, KY)
States: Ala., Ariz., Calif., Colo., D.C., Fla., Ga., Ill., Ind., Ky., La., Md., Miss., Nev., N.J., N.M., N.Y., N.C., Okla., Pa., S.C., Tenn., Texas, and Va.
Contact: Emanuel Molina at 727-692-8801 or e-mail: Emanuel.m@spli.com
Market Detail: FifthwWall Solutions’ (www.fifthwallsolutions.com) cyber offerings follow a natural progression no matter where a business is in their management of cyber risk. Offerings start with providing a low-cost, baseline program, an enhanced comprehensive program, and then finally to the complete and fully comprehensive form. Purchase process simplified by providing a clearly defined prices and no underwriting for our first two tiers of coverage. FifthWall works through insurance agencies and affinity groups to serve small to midsize businesses/nonprofits from across all industries, whether their revenues are $20,000 or $20 billion.
Available limits: As needed
Carrier: Unable to disclose
States: All states
Contact: John Wicker at 844-719-0981 or e-mail: john.wicker@fifthwallsolutions.com
Market Detail: Evolution Insurance Brokers (www.eibdirect.com) specializes in writing all types of rental risks and is willing to insure any rental company for any reason. Eligible risks include vehicles with very high values. Claims management process that is able to solve complex claims.
Available limits: As needed
Carrier: Unable to disclose
States: All states
Contact: Jimmy Salmans at 801-472-3803 or e-mail: jimmys@eibdirect.com
Market Detail: Novum Underwriting Partners (www.novumuw.com) specializes in auto and truck dealer captive insurance products and has more tahn 30 years combined experience in the space. Target members include: mid- to large-size auto and truck dealerships who want to take control of their insurance costs and claims; minimum captive premium of $250,000. Benefits of a captive are long-term control with stable premiums and coverages, insulation from the cyclical market trends; better policy coverage; return of underwriting profits to members; claims settlement authority; choice of counsel; enhanced customized loss control/risk management services. Novum can provide a cost analysis to any dealer interested in exploring the captive concept with 5-year historical premium, losses and exposures.
Available limits: As needed
Carrier: Unable to disclose, admitted
States: All states
Contact: Tina May at 480-371-8462 or e-mail: tina.may@novumuw.com