My New Markets

My New Markets is brought to you by Insurance Journal’s sister website: www.mynewmarkets.com

Need a Market? Find it. FAST.

Developmental Disability Facilities
Market Detail: Charity First offers comprehensive insurance coverage including property, general liability, workers’ comp, abuse or molestation, umbrella, auto and miscellaneous professional liability.
Available limits: As needed.
Carrier: Travelers.
States: All states except Hawaii.
Contact: Riley Binford at 415-536-8438 or email: riley_binford@charityfirst.com.

Vacant Property & General Liability
Market Detail: JH Insurance Services offers property and general liability coverage for vacant commercial and residential buildings nationwide. Target risks include: builders standing inventory; bank owned /foreclosed properties; and investor properties/portfolios. Program highlights include 17.5 percent commission; retailers can quote online themselves (please ask for details); 24-hour turnaround on quotes; buildings valued up to $3 million; commercial liability limits of $1 million/$2 million; and residential liability limits of $1 million.
Available limits: As needed.
Carrier: Lloyd’s of London.
States: All states except Ky.
Contact: Janet Beaver at 877-544-4399 or email: janet.beaver@jhinsurance.com.

Workers’ Compensation
Market Detail: The Mechanic Group offers workers’ comp and all other lines for security guards, alarms and investigators. Phone inquiries accepted. Brokered business accepted. Minimum premium starts at $2,500
Available limits: As needed.
Carrier: The Hartford, Chartis, Magna Carta and ACE.
States: All states.
Contact: Marc Katz at 800-214-02027 or email: mkatz@mechanicgroup.com.

Small Business Package – BOP
Market Detail: Next Wave Insurance Services LLC writes direct with carriers who specialize in offering a range of coverage for small-business owners. Next Wave’s markets offer comprehensive business owners policy (BOP) options, which include the standard property and liability coverages such as building, business income, business personal property, computer equipment, valuable papers, accounts receivable, money and securities, and more. Professional liability coverage is available standalone or as an endorsement with certain carriers for many classes of business.
Available limits: As needed.
Carrier: CNA, Amtrust, AIG, Travelers.
States: All states.
Contact: Jeff Ward at 619-993-5333 or email: jward@nextwaveins.com.

Orthotic and Prosthetic
Market Detail: VGM Insurance offers liability, property, and surety bond coverage for: home medical equipment providers; durable medical equipment providers; medical equipment distributors; medical equipment manufacturers; medical equipment manufacturers reps; orthotic and prosthetic cos.; mastectomy cos.; pharmacies and other businesses in the medical equipment or device industry.
Available limits: Minimum $300,000, maximum $5 million.
Carrier: Benchmark Insurance Co.
States: All states.
Contact: Warren G Freeman at 800-362-3363 or email: warren.freeman@vgm.com million in excess liability follow-form capacity for over 500 different ISO codes.

Employment Practices Liability
Market Detail: Bentley-Wholesale Insurance Solutions Inc. has an A-rated EPLI program targeting, but not limited to: public and private companies with employee counts below 10,000; companies involved in manufacturing, distributing, wholesale operations, and select retail. EPL policy features include: both duty-to-defend and non-duty-to-defend options; no mandatory binding arbitration; leased workers and independent contractors coverage; seasonal and temporary workers coverages; loss includes pre- and post-judgment interest, back pay, and front pay.
Available limits: As needed.
Carrier: Multiple, admitted.
States: Ariz., Calif., and Colo.
Contact: Paul Byrne at 949-415-7726 or e-mail: paul.byrne@bentley-wholesale.com.

Difference-in-Conditions
Market Detail: Gray-Stone & Co. is a full service E&S broker with a specialty in professional liability including E&O, agents E&O, D&O, EPLI, law firms, property/DIC, commercial auto, package, GL, workers compensation, and homeowners -standard, preferred, high value and hard to place.
Available limits: As needed.
Carrier: Unable to disclose.
States: All states except Alaska, Wyo., and D.C.
Contact: Customer service at 805-494-4440.