My New Markets
Market Detail: STRAVA Specialty is an MGA providing best-in-class solutions for the contracting and consulting industries. The contractors pollution liability (CPL) product can be crafted to match the unique needs of the commercial towing/hauling industry both over the road, and at the insureds fixed-site locations. Coverages include: contractor operations; mold matter; broad transportation; blanket non-owned disposal sites; pollution protective, site coverage for “your location”; communicable disease; and blanket additional insured/waiver of subrogation/primary and non-contributory where required by contract. Premiums and retentions as low as $1,000. Has pen; appointment required.
Available Limits: Liability limits of up to $5 million available. Various defense options available, including outside the limit.
Carrier: Accelerant Specialty Insurance Co.; non-admitted; rated A- IX by AM Best.
States: Available in all states plus District of Columbia.
Contact: Jen Staiber, submissions@stravains.com, 623-473-6261.
Market Detail: NEMT Insurance Direct offers quality insurance coverage for non-emergency medical transportation or paratransit companies. One carrier, all coverages — auto liability, auto physical damage, general and professional liability. A leading insurance specialist for non-emergency medical transportation, NEMT Insurance Direct offers a comprehensive program tailored specifically for NEMT businesses.
Available Limits: Not disclosed.
Carrier: Not disclosed.
States: Available in Alabama, Colorado, Georgia, Mississippi, Missouri, North Carolina, Ohio, Pennsylvania, Tennessee, Texas, Utah, Virginia, Wisconsin.
Contact: Kristin Losordo, klosordo@nemtinsurancedirect.com, 800-926-6771.
Market Detail: Evolution Partners Insurance Marketing Inc. specializes in providing insurance placement solutions for the habitational sector. The programs include apartments, condominium associations and homeowner associations. Can offer up to $15 million TIV per location with minimum premiums starting at $2,500. Claims considered (no open claims or habitability claims). Minimum of one unit or two habitational units plus mercantile (mercantile is measured by area and must be 50% or less of the total). Vacancy rate cannot exceed 25%. Swimming pools are acceptable, subject to underwriting. Five years of loss history is preferred; three years minimum. Roof must be updated after 20 years (except tile and slate). Electrical updates to building built before 1955. No aluminum wiring, glass fuses, Federal Pacific, Stab Lok, or Zinsco panels. Protection classes 1-5. Appointment required.
Available Limits: Up to $15 million TIV per location with minimum premiums starting at $2,500.
Carrier: Admitted; non-admitted.
States: Available in Arizona, California, Nevada, Oregon, Washington.
Contact: Eric Magee; emagee@evolutionpartnersins.com; 888-851-2022.
Market Detail: Walsh Carter and Associates offers solar power insurance programs. WCA’s renewable energy practice has more than 20 years of experience in the insurance industry. Its marketing programs are aggressive and specifically client focused. Specialties include: builders risk; property and operations risk; loss of tax credits and rebates; loss of revenue; general and products liability; errors and omissions coverage. Our strategic goal is to provide optimum property/casualty insurance services to an industry that is both unique and progressive. Renewable energy is a vital resource to our world’s total energy requirements and our commitment is to apply standard commercial principles to the blend of insurance requirements for the solar power industry. Walsh Carter has been working with solar developers, contractors, and hardware manufacturers since 2008. $200 million maximum premium; $5 million minimum premium.
Available Limits: Not disclosed.
Carrier: Non-admitted; rated A+ by AM Best.
States: Available in all states plus District of Columbia.
Contact: Christina Bowman-Jones, cbjones@walshcarter.com, 415-407-7736.
Market Detail: Cochrane & Company offers insurance for dealers, mobile repair, service operations. Garagekeepers available limits: legal liability and direct primary available; in tow/on hook coverage available. Dealers physical damage coverage: high valued vehicles acceptable; multiple lots and high lot limits acceptable; false pretense coverage available. New ventures accepted; property coverage — building, contents and business income; sign coverage; auto dealers errors and omissions liability available; most vehicles that are used in the business are eligible to be scheduled; ability to include general liability related operations. Has pen; appointment required.
Available Limits: Various.
Carrier: Admitted.
States: Available in Arizona, California, Colorado, Idaho, Montana, Nevada, North Dakota, Oregon, South Dakota, Texas, Utah, Washington, Wyoming.
Contact: Tiah Barbero, tbarbero@cochraneco.com, 509-838-0655.