Technology Liability
Nuts & Bolts: Euclid Managers LLC is offering a market for technology liability. Coverage is for small and mid-sized tech companies and features E&O, breach of reps/warranties, personal injury, privacy, intellectual property and security protections. These products are customizable featuring the option to add additional covered services directly on the policy forms. Coverage for the insured's own Web site activities is provided. Also, coverage is not just for the traditional materials such as print and audio but also for new age materials such as digital code, masked works, scents, sounds or textures.
Dollars: Policy limits up to $5 million. Minimum deductible is $2,500. Minimum premium is $1,500 to $2,500.
Carrier: Hudson Insurance Co., rated "A" by A.M. Best.
States Available: All.
Contact: Marcia Jenson, (816) 448-3263, mjenson@euclidmanagers.com
Specialty Marine and Pleasure Craft
Nuts & Bolts: Chubb/Axiom is offering a new market for specialty marine and pleasure crafts.
Dollars: Deductibles of $1,000. Minimum premium, $2,500; policy limits, $10 million.
Carrier: Chubb Insurance Company, rated "A++."
States Available: All.
Contact: Scott Morgan, (949) 955-7105
Public Entities
Nuts & Bolts: NIF Group Inc. is offering a new market for public entities including pools and trusts, special districts and schools.
Dollars: Policy limits are available to $5 million. Deductibles: $100,000 SIR, $350,000 SIR for workers' compensation. Minimum premium: $200,000.
Carrier: Great Lakes UK, a Munich Re company, rated "A+ XV," non-admitted.
States Available: All.
Contact: Nancy G. Williams, (800) 892-8892
Identity Theft
Nuts & Bolts: Travelers Property Casualty Corp announced the availability of its new master policy to cover identity theft expenses. Financial institutions or other commercial businesses can purchase this policy on behalf of their account holders or customers, or for use as an employee benefit offering.
Dollars: The new policy furnishes expense reimbursement limits from $500 up to $25,000 per covered person to assist in the restoration of his or her financial health and credit history that has been damaged by identity theft. Deductibles: $0, $100, $250 o
Carrier: Travelers, rated "A++."
States Available: Alabama, Arizona, Arkansas, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Iowa, Kansas, Kentucky, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Jersey, New Mexico, North Carolina, Oklahoma, Pennsylvania, Puerto Rico, Rhode Island, Tennessee, Utah, Virginia, West Virginia and Wisconsin.
Contact: Joseph Lester, (860) 277-4739
