My New Markets

May 6, 2024

Market Detail: Upland Specialty Insurance offers excess casualty coverage. Target classes include manufacturers, importers and distributors; restaurants (< 30% liquor sales); hospitality, hotels, motels and casinos; commercial real estate (owners, managers); habitational <4,000 units (no subsidized, student housing or senior living); waste haulers; equipment rental; building maintenance, janitorial; agriculture; construction practice policies; and construction project policies. Summary: ISO and manuscript policy forms and endorsements on Upland Specialty Insurance Company paper; occurrence and claims-made forms; $10 million in Upland Specialty capacity; no cap on fleet size. Target risk size: $100K); risk management information – safety, quality control, loss control measures, etc.; expiring program structure; underlying quotes and/or binders.

Available Limits: $10 million in Upland Specialty capacity.

Carrier: Upland Specialty Insurance Co.; rated A-VIII by A.M. Best.

States: Available in all states plus District of Columbia.

Contact: Blake Zipoy; bzipoy@uplandcapgroup.com; 888-344-7100.

Market Detail: Risk Point Underwriting Managers, exclusive distribution manager of the nation’s largest dealer open lot program for independent agents, has expanded its offerings to include garage package coverage for franchised auto, heavy truck, motorcycle/powersports, and RV dealers. The franchised dealer garage program is tailored to meet the unique insurance coverage needs of franchise dealers. Coverage is written on an admitted basis with the following coverages: property; garage liability and garage keepers; commercial auto; general liability; crime; inland marine; discrimination; data compromise; equipment breakdown; pollution; umbrella. Offered by Risk Theory LLC; has pen; appointment required. The garage package is underwritten by insurers that are rated A- IX [Excellent] by A.M. Best.

Available Limits: Not disclosed.

Carrier: Admitted; rated A- IX [Excellent] by A.M. Best.

States: Available in most states plus District of Columbia. Not available in Alaska, Hawaii and Massachusetts.

Contact: Pepper Snider; psnider@riskpoint.com; 469-951-2619.

Market Detail: Monoline offers personal umbrella coverage. As an account executive, you know that building strong relationships with your customers is key to your success. Monoline accelerates the process of quoting and binding personal umbrella insurance policies, freeing up your time to focus on building customer connections that last. $5 million maximum premium; $1 million minimum premium; has pen; appointment required.

Available Limits: Not disclosed.

Carrier: Concert Insurance Company & Convex Insurance; admitted; rated A by AM Best.

States: Available in most states. Not available in Florida, Maine, Minnesota, New Jersey, New York, Oregon, Texas and Washington.

Contact: Carson Kipfer; carson.kipfer@monoline.com; 612-470-1328.

Market Detail: Litchfield Special Risks offers an exclusive truckers GL program. Highlights include quote and bind the same day; blanket additional insured, blanket waiver and blanket primary non contributory; has pen; appointment required. Eligibility: New ventures eligible with 2 years’ experience; for hire trucking; 1-20 unit accounts (for larger fleets we have other carriers); no other operations.

Available Limits: $1 million.

Carrier: Atrium — Lloyds; non-admitted; rated A+ by AM Best.

States: Available in most states. Not available in Alaska, Connecticut, District of Columbia, Hawaii, Maine; Maryland, Montana, New Hampshire, New York, Rhode Island, Vermont and Virginia.

Contact: Ben Wasson; bwasson@lsrinc.org; 915-533-1111 ext. 193.

Market Detail: Synergy Professional Associates provides a middle market lawyers professional liability program. Target: two- to 30-attorney firms. Eligible risks: Firms with claims frequency/severity; firms with ethical issues AlL AOP’s considered; firms requiring retro repair. Features and highlights: No hammer clause; duty to defend wording; broad definition of claim and legal services; risk management hotline; excellent claims service; disciplinary proceedings coverage/loss of earnings coverage; aggregate deductible available. $100 minimum premium; has pen.

Available Limits: Not disclosed.

Carrier: ISMIE Indemnity; non-admitted; rated A by AM Best.

States: Available in all states plus District of Columbia.

Contact: Michele McCrohan; Michelem@synergy-ins.com; 973-995-0519.