My New Markets

January 11, 2021

Professional & Management Liability

Market Detail: Worldwide Facilities (www.wwfi.com) specializes in management and professional liability coverage. Coverage is available for D&O, EPL, crime, fiduciary, management liability, executive liability, public company D&O, nonprofit D&O, healthcare D&O, professional liability, architects & engineers, lawyers, real estate agents E&O, title agents E&O, insurance agents & brokers, consultants, construction managers, cyber, technology and more.

Available limits: As needed

Carrier: Unable to disclose

States: All states

Contact: Shane White at 678-502-1277 or e-mail: swhite@wwfi.com


Multiple Level LTC Campus – Professional and General Liability Insurance

Market Detail: Magnolia LTC Management Services (www.magnolialtc.com) is the exclusive program manager and responsible for the daily operations of Continuing Care Risk Retention Group (CCRRG), a mutual insurance company that offers PL & GL Insurance for LTC facilities. This is a member owned program with broad coverage and competitive rates. New brokers welcome – if you don’t have a broker agreement on file, your submission can be looked at while you complete the necessary forms – a LTC book of business would assist for initial appointment.

Coverage highlights include: general and professional liability package policy; two GL & PL policy form options available – claims made forms, claims paid – typically less expensive and exclusive to CCRRG brokers; standard liability limits of $1 million/$3 million – $2 million/$4 million limits subject to U/W approval, lower limits may be available upon request; deductible and SIR options available; per location aggregate – subject to U/W approval; prior acts available; competitive rates; new ventures considered with appropriate prior experience; accounts with a “shock loss” considered with acceptable documentation; sexual misconduct (no-sublimit); no joint and several liability; defense outside the limits – subject to underwriting approval; risk management service provided – including onsite risk assessment visits.

CCRRG members have exclusive access to Magnolia Analysis Risk System (MARS) that offers tools, policy and procedures and other information for LTC facilities, including 53 hours of approved continuing education (administrator; LVN/LPN, CNA/NA for employees’ licensure requirements at no additional cost). Coverage available in all states upon underwriting approval.

Available limits: As needed

Carrier: Continuing Care, a Mutual Insurance Company

States: All states

Contact: Steve Ottenbrite at 707-571-7430 or e-mail: sottenbrite@magnolialtc.com


Insurance for Nonprofit, Social and Human Services

Market Detail: Gateway Specialty Insurance (www.gatewayspecialty.com) is a market that specializes a wide variety of nonprofit organizations including, but not limited to: art organizations – such as art galleries, choirs, orchestras and theaters; business associations – such as booster clubs, chamber of commerce and foundations; community association – such as townhouses, cooperatives and condo associations; membership organizations – such as a fraternal clubs, hobby clubs and ethnic clubs; houses of worship – such as churches, mosques, temples and synagogues; social services – such as community services, food banks, hospices and thrift stores; sports – such as baseball, basketball, soccer and volleyball.

Coverage can include: abuse and molestation; accident; auto; crime; directors and officers; employee benefits; employee practices; general liability; professional liability; property; umbrella; workers’ compensation. Get a quote three ways: 1. Call 877-474-7868 to quote over the phone; 2. Quote online; 3. Email applications or ACORDS to submissions@gatewayspecialty.com

In addition to nonprofit organizations, Gateway specializes in writing allied healthcare and technology accounts. Low minimum premiums, no contract or premium commitment and account management. Agency bill and direct bill is available with several admitted markets.

Available limits: As needed

Carrier: United States Liability, Alliance of Nonprofit, GuideOne and more

States: All states

Contact: Anthony Vellutatto at 877-977-4474 or e-mail: avellutato@gatewayspecialty.com


Auto Dealer Cyber Coverage

Market Detail: DealerPlus Property & Casualty’s (www.dealerplusinsurance.com) cyber policy is tailored for franchised and non-franchised auto dealerships and can be quoted in minutes. Policy includes: multimedia liability; security and privacy liability; network asset protection; privacy regulatory (defense and penalties); privacy breach expenses (credit monitoring, customer support, customer notification); and cyber extortion.

Email submissions to gharrison@fhsinsurance.com or get a quote over the phone by calling 251-342-5669.

Available limits: Minimum $500,000, maximum $1 million

Carrier: Unable to disclose, non-admitted available

States: All states except N.J., N.Y., and Texas

Contact: Garrett Harrison at 251-342-5669 or e-mail: gharrison@fhsinsurance.com

Was this article valuable?

Here are more articles you may enjoy.

From This Issue

Insurance Journal West January 11, 2021
January 11, 2021
Insurance Journal West Magazine

IJ’s Agents of the Year; 2021 Agents & Brokers Meetings / Conventions Directory; Market: Employment Practices Liability