New Markets

October 5, 2009

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com.

Home Builders & Artisans Contractor’s GL
Market Detail: Northern Star Management offers access to a general liability program for small to mid-sized residential home builders, remodelers and commercial artisan contractors. Occurrence and claims made coverage options are available. Program highlights include: New residential construction including smaller condominiums; ISO coverage form CG 00 01 12 04; most classes available (including roofers and framers); blanket “additional insured” and “primary/noncontributory” wording available; and waiver of subrogation available. General contractors with up to 100 percent subcontracted costs are eligible as well. Minimum premiums begin at $2,500.
Available limits: $1 million to $2 million.
Carrier: Unable to disclose. “A” rated by A.M. Best. Admitted and non-admitted.
States: All.
Contact: Steven Feemster at 714-938-0015 or e-mail sfeemster@northernstarins.com.

Environmental Response Liability
Market Detail: Willis Programs offers access to an exclusive environmental response liability program no other market provides. This program provides insureds with the value-added service of expert spill response and management, and helps them recover from one of the most difficult situations their business will encounter. The programs are a comprehensive combination of tailored insurance coverages and 24-hour expert insurance services. No other programs provide this level of protection. Eligible classes include: fuel oil dealers, gasoline distributors, bulk lubricant distributors, petroleum transporters, gas stations, waste oil companies and convenience stores.
Available limits: As needed.
Carrier: Unable to disclose. Rating not provided. Admitted.
States: All.
Contact: Robin Pisecki at 860-756-7367 or e-mail robin.pisecki@willis.com.

Entertainment Industry
Market Detail: Superior Access Insurance Services Inc. offers a complete array of protection and coverages for motion pictures, television, sports teams and venues, live theater productions, concerts, touring groups and other ancillary business. The insurance requirements of the entertainment industry are as varied as the productions, events and people who seek coverage. Coverages include property, general liability, auto, workers’ compensation, umbrella/excess, portfolio coverages, errors and omissions, event cancellation and non-appearance and abandonment.
Available limits: As needed.
Carrier: Unable to disclose. Rating not provided. Admitted and non-admitted.
States: All.
Contact: Meredith Day at 888-247-8469 or e-mail SurplusLines@superioraccess.com.

Staffing Firms
Market Detail: World Wide Specialty Programs was founded, 40 years ago with the express purpose of providing insurance tailored exclusively for the staffing services industry. This program includes, but is not limited to: staffing services liability, general liability, professional liability, employment related practices, fidelity bond, commercial umbrella, property, office package and workers’ compensation.
Available limits: Various as needed.
Carrier: AIU Holdings Inc. No rating provided. Admitted.
States: All.
Contact: Alan Doloboff at 866-927-2004 ext. 133 or e-mail adoloboff@wwspi.com.

Art and Music Instructors
Market Detail: K&K Insurance Group announces a new program designed to meet the unique needs of independent instructors of the arts. Coverage provided includes liability protection for claims arising out of their operations as independent instructors. Any instructor age 18 or older who conducts private or group instruction for any of the following is eligible: artistic painting, clay work and/or pottery, craft making, digital photography, drama, drawing, language, musical instruments, public speaking, sculpting and vocals. Programs for dance, sports, and fitness instructors are also available from K&K.
Available limits: As needed.
Carrier: Nationwide. “A+” rated by A.M. Best. Admitted.
States: All.
Contact: Jason Brown at 800-648-6406 or e-mail jason_brown@kandkinsurance.com.

Medical Facilities
Market Detail: Partners Specialty Group gives agents access to an established health care carrier offering commercial general liability (on the ISO form), professional liability and employment practices liability (EPLI) with sexual abuse coverage for various types of medical facilities around the country. Primary limits of $1 million/$3 million with a sub-limit for sexual misconduct is available. Capacity also allows for excess/umbrella coverage up to $15 million. Defense expense is outside the limits. Supplementary payments include disciplinary proceedings coverage and reimbursement for lost earnings. Risk management services are part of this program. Minimum premiums and deductibles begin at $5,000.
Available limits: $1 million to $15 million.
Carrier: Unable to disclose. “A” rated by A.M. Best. Admitted and non-admitted.
States: All except N.M. and Pa.
Contact: Michael Cardenas, RPLU at 310-586-4742 or e-mail mcardenas@psgins.com.

Self Storage
Market Detail: Britt/Paulk brings agents a custom commercial business owners’ policy made for traditional and mobile self storage owners and operators. Britt/Paulk has created a one-stop shop for all the coverage unique to the self storage business. Coverages include: blanket building and personal property, accounts receivable, pollution cleanup, business income and extra expense, replacement cost, course of construction, workers’ compensation, equipment breakdown, business liability, sale and disposal liability, hazardous contents removal, mobile storage coverage, commercial auto, equipment, environmental, professional liability and excess liability.
Available limits: As needed.
Carrier: AAIC. “A+” rated by A.M. Best. Admitted.
States: All.
Contact: Customer Support at 800-842-8917 or e-mail selfstorage@brittpaulk.com.

TeleRadiology Professional Liability
Market Detail: Founders Professional LLC offers medical malpractice/professional liability protection to TeleRadiology practices serving hospitals, imaging centers, ASC’s and physician groups. Coverage is provided on a claims-made basis with available prior acts protection. Minimum premiums begin at $25,000 and deductibles begin at $5,000.
Available limits: $1 million to $10 million.
Carrier: Unable to disclose. “A” rated by A.M. Best. Non-admitted.
States: All.
Contact: Robert C. Hall at 813-769-1290 or e-mail robert@founderspro.com.

Submit your company’s property/casualty markets to the industry’s leading searchable database at www.mynewmarkets.com.

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Insurance Journal Magazine October 5, 2009
October 5, 2009
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Surplus Lines: State of the Market NAPSLO Issue; London Report; Risk Retention Group Directory