My New Markets

Article

Bringing Market Seekers and Market Providers Together

Find markets in our database
Promote your markets on our site
Join our community forums
Membership is free!

www.MyNewMarkets.com

Vacant Property
Market Detail: New England Excess Exchanged Ltd. offers vacant property products and other property products including: builders’ risk; dwellings; habitational property; and mercantile — restaurants/bars/taverns. New England has online quoting, electronic payment, and a revised gift card program.
Available limits: As needed.
Carrier: Unable to disclose, admitted and non-admitted available.
States: Conn., Maine, Mass. N.H., N.J., N.Y., Pa., R.I., and Vt.
Contact: Mari Schaarschmidt at 802-229-5066 or e-mail: mari@neee.com.

Environmental Liability — Education Sector
Market Detail: Ironshore Environmental enhanced its asset-class specific Site Pollution Incident Legal Liability Select (SPILLS) suite of products to address risk exposures within the education sector, including public and private K-12 schools, colleges, universities and other educational facilities. Ironshore’s SPILLS EDU program provides coverages for a range of environmental pollutants, including mold, legionella, drinking water contaminants and PCB containing materials, among others. The SPILLS EDU program provides environmental liability coverages without the need to schedule specific school properties. Coverage is provided for first and third party on-site and off-site remediation expenses, claims for bodily injury and property damage, including natural resource damages, transportation, waste disposal activities and business interruption (without a sublimit) for pre-existing and new conditions.
Available limits: Minimum $1 million, maximum $30 million.
Carrier: Unable to disclose, admitted and non-admitted available.
States: All states.
Contact: John O’Brien at 646-826-6776 or e-mail: john.obrien@ironshore.com.

Hotel and Motel Program
Market Detail: Bass Underwriters’ hotel and motel program targets hotels countrywide. All quotes include hired/non owned auto and a property enhancement endorsement. The company can quote franchises up to $5 million in TIV and any type of construction. They can also attach a swing endorsement. General liability is receipt based, but, this form waives any audit additional premium as long as the audit comes in within 20 percent of the initial scheduled receipt total. General liability and packages available.
Available limits: As needed.
Carrier: Unable to disclose, non-admitted.
States: Ala., Calif., Conn., Fla., Ga., Ill., La., Maine, Mass., Miss., N.C., Nev., N.J., N.Y., Pa., Ohio, Ore., S.C., Tenn., Texas, and Va.
Contact: Julia Sauceda at 212-413-7405 or e-mail: jsauceda@bassuw.com.

Inland Marine
Market Detail: Allied World Assurance Co. offers a market for all filed and non-filed classes of inland marine business in the United States, with a focus on the construction industry. Allied World U.S.’s inland marine division is available to insureds in all 50 states on either an admitted or surplus lines basis, and provides broad coverage with limits of up to $50 million. Coverage is available for all inland marine classes, including commercial output program exposures.
Available limits: Maximum $50 million.
Carrier: Allied World Assurance Co.
States: All states.
Contact: Alan Crater Vice President at 646-794-0597 or e-mail: alan.crater@awac.com.

Restoration Contractors
Market Detail: Bonding & Insurance Specialists Agency Inc. (BISA) offers a package policy that covers all operations related to restoration work. Policy highlights include: general liability, products and completed operations, contractor pollution liability, fungi/bacteria coverage in one policy; and separate $1 million/$2 million aggregate limits for each coverage part.
Available limits: Minimum $1 million, maximum $8 million.
Carrier: Gemini Insurance Co.
States: All states except Alaska, Hawaii, La. and N.Y.
Contact: Dennis Konieczny at 800-346-1031 or e-mail: dkonieczny@bisa-inc.com.