My New Markets

October 5, 2020

Hired & Non-Owned Auto – Delivery

Market Detail: Pacific Excess Insurance Marketing Inc., (www.pacificexcess.com) has markets for clients who want to offer delivery due to COVID-19 restrictions on social distancing, including restaurants, grocery stores, and other food delivery. It will also now consider liquor stores. Availability of HNOA six to 12 month policies. Pacific Excess carrier’s application must be used. No cannabis operations. Minimum premiums, taxes and fees apply.

Available limits: Minimum $100,000, maximum $2 million

Carrier: Unable to disclose, non-admitted

States: Ariz., Calif., Colo., Ga., Idaho, Ill., Iowa, Ks., Mo., Neb., Nev., N.J., N.M., Okla., Ore., Texas, Utah, Wash., and Wisc.

Contact: Juli Queen at 800-222-5582 or e-mail: jqueen@pacificexcess.com


Credit Insurance

Market Detail: Meridian Finance Group (www.meridianfinance.com) is a specialized broker of trade credit insurance (also known as accounts receivable insurance) as well as political risk insurance and related kinds of coverage. Source for receivable put options and other non-insurance credit risk management tools. Arranger of cross-border trade credit and other international financial services.

Available limits: As needed

Carrier: Unable to disclose

States: All states

Contact: Greg Mendell at 310-260-2130 or e-mail: gmendell@meridianfinance.com


Small Business Workers’ Compensation

Market Detail: Pie Insurance (agencies.pieinsurance.com) was born from the intersection of technology, data, machine learning, and insurance. This combination allows the company to offer workers’ compensation coverage at a competitive price to almost 70% of class codes. Coverage is custom made for small business clients – save with pricing and coverage made exclusively for small business owners. Pie offers coverage rated A- by AM Best and backed by Sirius Group–providing 75 years of insurance. Pie is rated Excellent on Trustpilot by customers for the experience and service. Protection for clients’ employees if a workplace accident does happen through a simple claims process to help the injured team member get back to work.

Available limits: As needed

Carrier: Unable to disclose, admitted and non-admitted available

States: Alaska, Ariz., Ark., Calif., Colo., Dela., D.C., Fla., Ga., Ill., Ind., Iowa, Ks., Ky., La., Md., Mich., Miss., Mo., Neb., Nev., N.H., N.J., N.M., N.Y., N.C., Okla., Pa., R.I., S.C., Tenn., Texas, Utah, Vt., Va., W. Va., and Wisc.

Contact: Rebecca Sunshine-DeWitt at 855-705-2716 or e-mail: contact@pieinsurance.com


Expediting COVID-19 Related Risks

Market Detail: Breckenridge Insurance Services (www.breckis.com) has experienced both small and large companies stepping in to help fight COVID-19. Many professional liability, health care, and life science markets are fast-tracking submissions for new or changing risks that are starting or modifying operations to help with the pandemic relief. Breckenridge Insurance Services brokers is expediting coverage placements as needed to help, including for the following types of risks: Retired health care providers (docs, EMTs, nurses, etc.) coming out of retirement to help aid in treatment who need malpractice; pharma/nutraceuticals producing medicine for treatment and/or developing new meds and vaccines; medical product manufacturers (or manufacturers transitioning from regular products to needed products) – things like respiratory devices, ventilators, masks, testing kits, etc. as oftentimes current coverage will not cover the transition as a new class of products; clinical research organizations; clinical trials of COVID-19 drugs and/or vaccines; health care facilities – labs testing for the virus, drive through testing facilities, new “transition” hospitals (i.e., hotels, etc. being transitioned to care for non-critical patients); engineers helping to design new products; scientists; biohazard clean up and medical waste companies (GL/PL/Pollution); telemed companies; contractors pro for those helping to build medical facilities; technology, website and/or communications companies providing key support; and other professionals helping. To help expedite submissions, please attach the following: Any governmental contracts that they are working under; resume(s) of key personnel (or a narrative of their experience); If they are an existing business, loss runs (even if they are from a product they are transitioning from). To review if your clients’ current policies are properly covering them or if they are a new entity, please reach out to your broker or email us at partner@breckis.com.

Available limits: As needed

Carrier: Tokio Marine Kiln (wholly owned parent company of WNC)

States: All states

Contact: Breckenridge marketing at 855-728-8822 or e-mail: partner@breckis.com

Was this article valuable?

Here are more articles you may enjoy.

From This Issue

Insurance Journal Magazine October 5, 2020
October 5, 2020
Insurance Journal Magazine

Best Insurance Agencies to Work For; Top Workers’ Comp Writers; Markets: Hotels & Motels