Joseph A. Maurer, III, chief operating officer of CommonWealth and a member of the board of directors of the Target Markets Association, describes the product this way:

"Coverage can be written on individual risks or on a portfolio basis, on a stand-alone basis or as DIC with TRIA (Terrorism Risk Insurance Act), or as a reinsurance transfer mechanism. The CPG terrorism program includes coverage for property, liability, business and contingent business interruption, 'dirty bomb' cleanup, and directors and officers liability; and we are currently developing a DIC product for employers liability exposures. Coverage can be purchased by individual line or on a bundled basis within our per-location policy limits of $50 million. Higher limits are available on an individual account basis."

Maurer says that coverage includes both domestic and alien acts of terrorism (broad definition) as defined by the policy wording, not government declaration. There is no $5 million threshold as is the case with TRIA. Deductibles and retentions are individually negotiated.

Target risks for the new terrorism program, according to Maurer, include financial institutions, municipalities under 250,000 in population, schools and colleges/universities, franchises/chains, property managers, hotels/motels, associations, mortgage bankers and commercial risks with multiple locations across the country.

Founded in 1990, CPG offers programs that include public entity, nonprofit social service, umbrella, workers compensation, technology, aviation, environmental--storage tank, products and products recall liability, professional liability for lawyers and architects and engineers, ancillary products for financial institutions and credit insurance. "Our programs are offered through both domestic carriers and Lloyd's syndicates," says Maurer.

In addition to the aforementioned programs, CPG specializes in developing and administering programs for various affinity groups and trade associations and is currently endorsed by more than 150 of these groups.

Maurer offers details of some CPG programs:

* Public Entity - Includes municipalities and authorities under 25,000 in population for package and professional lines. In addition, CPG has multiple markets for larger accounts with self-insured retentions in excess of $250,000. CPG also develops and administers pools and risk retention groups for municipal associations.

* Workers Compensation - Monoline workers compensation programs on a guaranteed cost basis for accounts from $2,500 to $100,000 in premium and from $100,000 to $1 million in premium. The program is available in 21 states. CPG is also a market for excess and reinsurance coverage for self-insured accounts and groups.

* Nonprofit Social Services - Wholesale broker for several markets. Recently placed a program for an international organization specializing in post-detox rehabilitation of alcohol and substance abuse clients.

* Environmental - Storage Tank - In-house binding authority in all states for above-ground and underground storage tank exposures.

* Financial Institutions - A complete portfolio of products for financial institutions including home warranty, credit insurance, involuntary unemployment insurance, bad debt stop loss insurance and client ATM robbery coverage.

* Umbrella - Up to $10 million primary limits are available ; additional limits are available upon request.

* Products and Products Recall Liability - A Lloyd's-based program for food and beverage exposures. CPG also has a domestic market.

* Computer Coverage - Access to technology products like SAFEONLINE that cover both first-party and third-party liability for viruses as well as privacy and security concerns for both regular businesses and technology companies.

* Credit Insurance - Coverage for a company's business exposure to loss from uncollectable receivables if the business has at least $1 million in total sales.

* Lawyers Professional - Access to markets covering law offices, usually in the 100 employed lawyers and over category. In addition, some practices that specialize in more difficult litigation may be eligible with favorable loss experience data.