My New Markets

July 4, 2011

Businessowners Program
Market Detail: Austin Mutual Insurance Co. has expanded class eligibility and embedded coverage that covers equipment breakdowns, employment practices liability and automatic coverage extensions. The Austin businessowners program provides protection for the following business segments: apartments; condominiums; offers a directors and officers liability option; contractors/artisans; convenience food stores, grocery store and supermarkets that may be engaged in gasoline sales with or without restaurant operations; motels, or select independently operated or franchised motel/hotel risks; offices; processing/service risks; offers liability options for barbers and beauticians, funeral directors, optical and hearing aid establishments, pharmacist liability, printers’ errors and omissions and veterinarians; restaurants; retail/mercantile; self storage facilities; and wholesalers/distributors, offers coverage for distributors of domestic goods.
Available limits: As needed.
Carrier: Unable to disclose.
States: Ariz., Idaho, Minn., Mt., Ore., S.D., Utah, Wash., and Wisc.
Contact: Stacy Olson at 763-657-8647 or e-mail: slolson@austinmutual.com.

Clean Program
Market Detail: Acadia Insurance Group has created a new set of customized coverage forms designed for the growing building cleaning services industry throughout New England and New York. The Acadia clean program targets the specific needs of commercial janitorial, residential janitorial with more than five employees, as well as carpet, rug, furniture and upholstery service companies. The Acadia clean program offers the following coverage: property – key and lock replacement up to $25,000, property in transit up to $15,000, personal property of others in insured’s care, custody and control up to $15,000, and employee theft of client property up to $5,000; liability for an additional $25 flat charge; reimbursement for the cost of damages caused by the insured to property of others while performing work – $5,000 per occurrence/$10,000 annually. Acadia can also offer additional lines of insurance such as workers’ compensation, commercial automobile, inland marine and umbrella. The program is available through all independent agents who represent Acadia Insurance and is subject to applicable underwriting guidelines and the terms and conditions of the policies.
Available limits: As needed.
Carrier: Unable to disclose.
States: Conn., Maine, Mass., N.H., N.Y., R.I., and Vt.
Contact: Customer service at 800-773-4300.

Tow Truck and Auto Transporters
Market Detail: S.H. Smith & Co. Inc.’s coverage includes: auto liability and physical damage, general liability, garage liability, garage keepers liability, cargo (on hook) and property. Umbrella coverage is also available. Target classes: tow truck operators, auto transporters (up to three units), all size tow trucks are eligible as well as trailers, dealer/transporter plates and incidental private passenger and service vehicles.
Available limits: As needed.
Carrier: The Hartford.
States: All states except Alaska and Hawaii.
Contact: Heather Cruikshank at 860-656-1273 or e-mail: Heather_Cruikshank@shsmith.com.

Blue Collar Industry
Market Detail: i Insurance Group and its partners have teamed up with several regional and national carriers to develop a new program. The company services construction, manufacturing and most all blue collar industries. They also service staffing and temp-placement companies. We also offer USL&H in most states. Deductible programs available and $10,000 minimum premium. i Insurance specializes in workers compensation, general liability, excess liability, etc. New California program as well. Lines and coverage availability vary by state.
Available limits: As needed.
Carrier: Multiple, admitted.
States: All states except Conn., N.D., N.H. Ohio, Vt., Wash., and Wyo..
Contact: Customer service at 866-935-6442.

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