New Markets

October 18, 2010

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.

Roofers
Market Detail: Leo Risk Services, a regional wholesale broker, has markets for roofing contractors that provide quality coverage forms; no residential exclusions; payroll or sales exposure basis; and all industry specific endorsements including: waiver of subrogation, primary/non-contributory, blanket additional insured, per project aggregate and others.
Available limits: Minimum $300,000, maximum $2 million.
Carrier: Unable to disclose, non-admitted.
States: Fla., Ga., N.C., and S.C.
Contact: Shane Fowler at 727-734-0040 or e-mail: sfowler@leoriskservices.com.

BioTech – Research & Development
Market Detail: CRES Insurance Services offers coverage designed for the research and development phase of biotech companies. Includes small start ups through larger companies with multiple products in clinical trials including Phase III. This insurance package includes property, general liability, products, errors and omissions and clinical trials. Features a worldwide territory scope.
Available limits: As needed.
Carrier: Unable to disclose, non-admitted.
States: All except D.C.
Contact: Dana Hansen at 877-257-2737 or e-mail: dhansen@cresprograms.com.

Wrap Ups
Market Detail: Crouse and Associates has primary and excess markets for small and large wrap ups. Will write excess on accounts that are already in place.
Available limits: As needed.
Carrier: Various, admitted and non-admitted available.
States: All.
Contact: Pam Quilici at 415-982-3870 or e-mail: submissions@crousesf.com.

Mobile Auto Detailer
Market Detail: Cal-Regent Insurance Services Inc. provides garage liability, medical payments, fire, fire legal liability, theft, and garage keepers legal liability coverage.

Available limits: As needed.
Available limits: put text here.
Carrier: State National Insurance Co.
States: Ariz., Calif., Idaho, Nev., Ore., and Wash.
Contact: Richard Nagby at 619-596-2770 or e-mail: rnagby@cal-regent.com.

Day Spas
Market Detail: Sports & Fitness Insurance Corp. provides professional liability, accidental death, glass, pool and spa liability, flood, accident and health, auto commercial-standard liability, property, umbrella, business owners policy, auto commercial-standard, fire legal liability, employment practices liability, and fine arts coverage.
Available limits: As needed.
Carrier: Unable to disclose, admitted and non-admitted available.
States: All except D.C.
Contact: Glynne Simpson at 800-844-0536 or e-mail: askus@sportsfitness.com.

Commercial Property
Market Detail: Deans & Homer offers various broad, independently filed rates and forms designed to insure commercial buildings and business personal property risks. Packages available for lessor’s risk.
Available limits: As needed.
Carrier: Fidelity & Deposit Co. of Maryland, Delos Insurance Co., Greenwich Insurance Co., Berkley Insurance Co., QBE Insurance Corp., Mitsui Sumitomo Insurance Company of American, and Riverport Insurance Co.
States: Ariz., Calif., Idaho, Nev., Ore., and Wash.
Contact: Scott Lancaster at 800-345-2054 or e-mail: scott@deanshomer.com.

California Earthquake Facility
Market Detail: American E&S Insurance Brokers has access to a new online California earthquake insurance program offered by Arrowhead General Insurance Agency. The program is designed for California earthquake risks with values of $10 million or less. American E&S can provide premium indications with deductible options from 5 percent to 25 percent. Coverage is provided by “A” rated carriers.
Available limits: Minimum $250,000, maximum $10 million.
Carrier: Arrowhead General Insurance Agency.
States: Calif.
Contact: Chip Stewart at 415.445.5096 or e-mail: chip.stewart@aesbrokers.com.

Luxury Home Builders
Market Detail: Quaker Special Risk of Eatontown, N.J. has a new program tailored for luxury home builders building homes that have a sale price of $350,000 and up. Coverage is provided for new home construction including incidental remodeling and renovations. The focus of the program is single family home construction and does not extend to condominiums or townhomes. Quaker has designed the program for accounts that build up to 15 homes per year. The minimum premium for $1 million/$2 million/$2 million in most states is $7,500. Project specific policies are available. Quaker’s program has a unique rating basis and broad policy wording. The carrier is rated “A XV” by A.M. Best.
Available limits: As needed.
Carrier: Unable to disclose, non-admitted and admitted available.
States: All except Alaska, Calif., Colo., Hawaii, Kan.., Mont., N.D., Nev., S.D., and Wash.
Contact: Mike Walsh at 800-447-4180 or e-mail: mwalsh@qsr-insurance.com.

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Insurance Journal West October 18, 2010
October 18, 2010
Insurance Journal West Magazine

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