My New Markets

September 24, 2007

Medical Staffing Professional Liability

Nuts & Bolts: International Excess Agency Inc. is offering claims-made allied health care stand alone professional liability insurance. A PL/GL combo program is also available.

Dollars: $100,000 to $10 million.

Carrier: Lloyds of London rated “A” by A.M. Best. Admitted and non-admitted.

States: All except Alaska.

Contact: Kenneth Kukral at 216-797-9700 or e-mail Ken@internationalexcess.com.

Preferred Lawyers Market

Nuts & Bolts: ELM Insu-rance brokers are offering a new market for preferred attorneys in firms with 10 or less attorneys. Includes administrative law, appellate work, criminal, domestic relations, immigration, lobbyists, labor law, mediation/arbitration, non-banking, workers’ compensation.

Dollars: $500,000 to $5 million.

Carrier: Rated “A” by A.M. Best. Admitted.

States: Ala., Ark., Calif., Colo., Conn., Del., Fla., Ga., Idaho, Ill., Ind., Iowa, Kan., Ken., Md., Mich., Minn., Miss., Mo., Mont., Neb., Nev., N.M., N.Y., N.C., N.D., Ohio, Okla., Pa., S.C., S.D., Tenn., Texas, Utah, Va., D.C., W.V., Wis., Wyo.

Contact: Clancy Marie Johannsen at 310-322-1301 or e-mail cjohannsen@e-o.com.

Rockwood Guardian EPLI

Nuts & Bolts: Rockwood Guardian is a program to methodically quote EPLI on every new and renewal offering. Agents agreeing to quote on their entire book can put their logo on our simplified self rater app. Non admitted product available to all agents as Rockwood has filed the RPG and takes care of all taxes.

Dollars: $50,000 to $100,000.

Carrier: Rated “A-” by A.M. Best. Admitted and non-admitted.

States: All.

Contact: Glenn Clark at 302-765-6001 or e-mail glenn.clark@rockwoodinsurance.com.

Workers’ Compensation

Nuts & Bolts: The Maplewood Group is offering a workers’ compensation, guaranteed cost program available nationwide with very few restricted classes. USL&H and Jones Act coverage is available.

Dollars: Varies.

Carrier: Rated “A+” by A.M. Best. Admitted.

States: Ala., Ark., Ariz., Alaska, Calif., Colo., Conn., Del., Fla. Ga., Idaho, Ill., Ind., Iowa, Kan., Ken., La., Maine, Md., Mass., Mich., Minn., Miss., Mo., Mont., Neb., Nev., N.H., N.J., N.M., N.Y., N.C., N.D., Okla., Ore., Penn., R.I., S.C., Tenn., Texas, Utah, Vt., Va., D.C., Wis., Wyo.

Contact: Stephen Pierce at 800-227-4938 or e-mail spierce@themaplewoodgroup.com.

Entertainment Program

Nuts & Bolts: G J Sullivan Co. E & S is offering a dedicated market for the entertainment industry with a focus on small end film production operations (under $15 million in production cost), entertainment support and low/medium exposure entertainers and venues.

Dollars: $1 million per occurrence; $2 million aggregate.

Carrier: Travelers rated “A+” XV by A.M. Best. Admitted.

States: All.

Contact: Ken Meeker at 858-586-0828, ext. 2011 or e-mail meekerk@es.gjs.com.

Broker/Dealer E&O Program

Nuts & Bolts: A new errors and omissions program for broker/dealer firms with 100 or less registered representatives is now available. The program includes supervisory coverage for the broker/dealer; wrongful acts include libel, slander, defamation, disparagement, or violation of a right to privacy; prelitigation assistance up to $10,000 annually for legal counsel to address disciplinary proceedings and responses to subpoenas. Optional coverages include coverage for REIT’s, limited partnerships and direct private placements; trade error coverage; full discretionary authority coverage; full prior acts coverage (subject to proof of insurance); transitional coverage for notices submitted to prior carrier (limited basis only).

Dollars: $500,000 to $2 million.

Carrier: Rated “A” by A.M. Best. Admitted.

States: All.

Contact: Richard Bernard at 714-939-7352 or e-mail rbernard@broprog.com.

MGA E&O Program

Nuts & Bolts: Hannover Re subsidiary International Insurance Company of Hannover Limited named Rockwood Programs Inc. as administrator of an errors and omissions product specifically designed to address liability exposures faced by managing general agencies (MGAs), program administrators and large wholesale operations. This coverage will be marketed under the name of the Rockwood Defender and is written on a claims-made and reported basis. The policy includes carrier insolvency and punitive damages (where insurable) and can be endorsed to include supplemental defense limits and first dollar defense.

Dollars: $5 million per occurrence/$5 million aggregate.

Carrier: Inter-Hannover rated “A-” by A.M. Best. Non-admitted.

States: All.

Contact: Darryl McCallin at 1-877-764-4555 or e-mail darryl.mccallin@rockwoodinsurance.com.

Workers’ Comp – Security, Investigative Agencies

Nuts & Bolts: Guaranteed cost workers’ compensation program for security cuard and investigative agencies is now available from The Mechanic Group. The Mechanic Group will administer a fixed cost security guard workers’ compensation program that is underwritten by The Hartford.

Dollars: Up to $1 million.

Carrier: The Hartford rated “A+” XV by A.M. Best. Admitted.

States: All.

Contact: Marc Katz at 1-800-214-0207 ext. 105 or e-mail mkatz@mechanicgroup.com.

Towing Program

Nuts & Bolts: Professional towers, body/repair shop with towing and towers. Available coverages include auto liability, physical damage, UM/UIM, PIP statutory, general liability, garage keepers legal or direct primary, on-hook cargo, inland marine, property, dealers open lot (used car dealers only) and dealer tags.

Dollars: $1 million to $2 million.

Carrier: Rated “A+” XV by A.M. Best. Non-admitted.

States: Arizona, California, Nevada, Utah, Wisconsin and Wyoming.

Contact: John Upchurch at 818-551-

4588 or e-mail Jupchurch@choprainsurance.com.

Topics AM Best

Was this article valuable?

Here are more articles you may enjoy.

From This Issue

Insurance Journal Magazine September 24, 2007
September 24, 2007
Insurance Journal Magazine

Salute to Surplus Lines Brokers/NAPSLO; Personal Lines Markets; Product Liability