Specialty Lines
Contractors
Nail down a market
by Larry G. France
|
“General contractors subbing out the majority of their work are in a crisis mode. They find it very difficult to locate carriers willing to quote.”
Robert A. Schneider Agency, MGA/E&S Broker,
Minnetonka, Minnesota
“We continue to see a large influx of residential builders. Rates remain firm but are higher for attached housing builders.”
The Jack Nebel Companies, MGA, Palatine, Illinois
“Pricing is still high but leveling off. New York is tough for residential contractors.”
Buckingham Badler Associates, MGA/E&S Broker,
Staten Island, New York |
These are just a few of the comments that were received in response to Rough Notes’ survey of contractors markets. They indicate that there is some stabilization in rates but that paper contractors remain a problem. Is the glass half full or half empty? The contractor market is never what one would call “easy”! Many factors enter into that assessment. Recent concerns such as mold, construction defects, and the up-and-down availability of viable markets keep this class of business in some degree of flux.
California contractor markets seem to have gained some ground in solving past problems. Construction wrap-up liability, which includes liability and workers compensation for the operation of the general contractor and subcontractors on large projects, can be obtained by general contractors. This coverage brings all insurance costs into one policy, eliminating gaps in protection and non-concurrence of limits and policy language. Coverage is written in California and surrounding states.
Crouse & Associates of San Francisco is offering a residential wrap-up policy. The nonadmitted market is rated A+ with limits of $1 million/$2 million/$ million and $2 million/$2 million/$2 million with a minimum SIR of $50,000. Greg T. Crouse, president, says that this addition comes at a time when coverage for projects such as condominiums and single-family dwellings is limited.
In an effort to provide value-added service and guidance to its clients, Victor O. Schinnerer, Chevy Chase, Maryland, is publishing a risk management guide for contractors.
“Contractors often don’t see the need for professional liability for design-related claims,” explains Schinnerer’s Joe Jones. “They think that their GL coverage will take care of any professional claims, or that they are not at risk.” To explain those risks and to provide sample language to help contractors avoid common pitfalls, Schinnerer has published the Contractors Design Liability Contract Guide. The booklet covers two types of contractual agreements that the contractor can encounter: agreements with clients and agreements with design professionals.
“Today’s contractors face numerous environmental risk uncertainties simply by stepping into their customer’s facility to perform their work,” observes Karim Jaroudi of The Wholesale Insurance Group (TWIG) of Canada. “Environmentally specialized contractors face a fairly obvious risk. Operators such as mold, asbestos, lead soil and groundwater remediation contractors handle sensitive materials. Any accidental spill, handling or abatement could cause a release of these contaminants into the soil and/or groundwater. The result could be costly cleanup, devastating bodily injury or property damage,” says Jaroudi, pointing out that a common misconception is that general contractors do not have a significant environmental risk exposure because they do not perform sensitive environmental operations at a third-party site. “The reality is that general contractors face real environmental risks. They bring their equipment and workers to a customer’s site.” An example is bringing a refueling tanker to a remote site and accidentally causing a release of chemicals/fuel into the soil and groundwater. TWIG provides environmental impairment liability to address the exposures of general and environmental contractors and contractors pollution liability on an occurrence or claims-made basis for both general and environmental contractors. E&O can be stand-alone or in a combined form for environmental consultants.
The market for contractors appears to be stabilizing on most fronts, with the introduction of new products serving as a positive sign. Success in placing contractors will hinge on the agent/broker’s ability to point out all possible exposures to clients and provide appropriate coverage solutions.
Refer to The Insurance Marketplace Directory (hardcopy shipped with the December issue of Rough Notes magazine or online at www.insurancemarketplace.com) for the specific type of contractor risk and coverage.
Specialty Lines subjects in the coming months are Watercraft in February, Specialty Lines Annual in March, and Hospitality in April.
The following facilities have responded to our survey and have indicated that they are a market for certain coverages and classes of contractors.
Aberdeen Insurance Group
1364 Welsh Rd., Ste. E2
North Wales, PA 19454
Contact: Tom Downie
Phone: (800) 845-4150
Fax: (215) 641-1456
E-mail: aberdeeninsgrp@hotmail.com
Web site: www.aberdeeninsgrp.com
An E&S broker that operates in DE, MD, NJ and PA with limits of $1 million/$2 million. Target classes are artisan and specialty contractors. Can offer EPLI, contractor’s equipment, builders risk, pollution/mold, and property. Lexington is the carrier.
Agency Marketing Services, Inc.
P.O. Box 67218
St. Pete Beach, FL 33736
Contact: John Coe, Michelle Horak, Jayne McKeehan
Phone: (800) 542-2805
E-mail: jcoe@agencymarketing.com
An E&S broker operating in FL only with primary GL limits of $1 million/$2 million/$1 million and excess/umbrella of $5 million. Target markets are trade/artisan contractors, commercial GCs, and residential GCs building custom homes. Will not consider residential GCs with more than eight homes per subdivision, EIFS or Dryvit. Can offer commercial umbrella, environmental, commercial property, builders risk, contractor’s equipment, or installation floaters. All carriers are A rated.
All Risks, Ltd., and All Risks LLC
Web site: www.allrisks.com
California office
318 27th St.
Oakland, CA 94612
Contact: Dawn D’onofrio
Phone: (800) 451-9680
Fax: (510) 452-9293
E-mail: ddonofrio@allrisks.com
Arizona office
8805 N. 23rd Ave., Ste. 400
Phoenix, AZ 85021
Contact: Britt Smith
Phone: (800) 418-9763
Fax: (602) 494-0200
E-mail: bsmith@allrisks.com
Virginia office
9030 Stony Pt. Pky., Ste. 230
Richmond, VA 23235
Contact: Curt Hodges
Phone: (800) 366-7475
Fax: (804) 330-9485
E-mail: chodges@allrisks.com
An E&S broker that operates in all states with primary GL limits of $2 million and umbrella up to $25 million. Target classes are heavy construction, residential construction, commercial contractors, and industrial contractors. Can offer inland marine, excess GL, auto, and workers comp where premium exceeds $100,000. All carriers are rated A or better.
American Safety Insurance Services, Inc.
1845 The Exchange
Atlanta, GA 30339
Contact: Richard Parks
Phone: (800) 388-3647
Fax: (770) 955-8339
E-mail: info@americansafetyinsurance.comrparks@americansafety insurance.com
Web site: www.americansafetyinsurance.com
An insurer that operates in all states with limits of up to $11 million. Target classes are environmental contractors, consultants/professionals, and GCs with significant environ-mental exposure. Can offer pollution liability, environmental consultants professional liability, environmental impairment liability, umbrella liability, and contract surety bonds. American Safety Indemnity, American Safety RRG, and American Safety Casualty Insurance are all A rated.
AmWINS Brokerage of New York
110 William St., 21st Fl.
New York, NY 10038
Contact: Cheryl Zharnest
Phone: (212) 858-8909
Fax: (212) 858-8990
E-mail: cheryl.zharnest@amwins.com
An E&S broker operating in all states with primary limits of $1 million/$2 million/$2 million and optional umbrella limits. Target classes are artisan contractors and GCs. Can offer all coverages related to the contracting industry—OCPs/OCIP/railroad protective. ACE, Great American Custom, AXIS, Aspen, Arch, Interstate, Mutual Marine, Burlington, and Liberty International are the carriers.
AmWINS Insurance Brokerage of California
1551 N. Tustin Ave., Ste. 700
Santa Ana, CA 92705
Contact: Jill Bay
Phone: (714) 480-3929
Fax: (714) 564-7785
E-mail: jill.bay@amwins.com
An E&S broker operating in CA only with GL limits of $2 million aggregate. Target classes are remodel and room addition contractors, and contractors engaged in flooring, drywall, landscape, janitorial, plastering, electrical, and painting. Will not write roofing, paving, grading, excavation or plumbing contractors. Nonadmitted carrier is rated A.
Aon Specialty Product Network
200 E. Randolph St., 18th Fl.
Chicago, IL 60601
Contact: Aon Specialty Product Network will direct you to the appropriate Aon provider company.
Phone: (877) 275-2776
Fax: (312) 381-6211
E-mail: moreinfo@askaspn.com
Web site: www.askaspn.com
Aon represents carriers, MGAs, program administrators, and E&S brokers in all states. Can offer GL, umbrella, auto, and workers comp. All carriers are rated A or better.
Apollo General Insurance Agency, Inc.
P.O. Box 1508
Sonoma, CA 95476
Contact: Bob Elster, Reilly May
Phone: (800) 624-5829
Fax: (707) 996-7912
E-mail: bobe@apgen.com
Web site: www.apgen.com
An E&S broker that operates in all states except NY with limits of $1 million/$2 million/$2 million. Target classes are commercial/residential contractors; demolition, crane and rigging; house movers; and environmental contractors—minimum premium $25,000. Will not consider structural residential work, e.g., basements, pads, roofing, framing, or wallboard. Can offer excess, property, inland marine and, in some states, auto. Crum & Forster (A-) and Nautilus (A) are the carriers.
Arlington/Roe & Company, Inc.
8900 Keystone Crossing, Ste. 800
Indianapolis, IN 46240
Web site: www.arlingtonroe.com
Brokerage
Contact: Ruth Kelly, Ext. 8633; Gary Cooper, Ext. 8673; Al Grau, Ext. 8601
Phone: (800) 878-9891
Fax: (317) 554-8551
E-mail: rkelly@arlingtonroe.com gcooper@arlingtonroe.com agrau@arlingtonroe.com
Operates in IL, IN, KY, MI and OH with primary limits of $2 million, unlimited excess. Target classes are commercial contractors (nonresidential), street/road, water/sewer, environmental, trade contractors—demolition, bridge, boiler, steel erection, railroad and dredging. Will consider limited residential markets for contractors. Can offer GL, umbrella, builders risk, railroad protective, contractor’s equipment, installation floater, OCP, and pollution. Carries are AIG (A+), ACE Westchester (A), CNA Marine (A), RLI/Mt. Hawley (A), Colony (A), Zurich (A), Maxum (A-), Berkley (A), Admiral (A+), and Tudor (A+).
MGA
Contact: Deb Allen, Don Kuehr, Jacquie Pavey
Operates in IL, IN, KY, MI, OH, TN and WI with limits of $1 million/$2 million (higher on a case-by-case basis). Target classes are artisan contractors, tree trimmers, excavators, alarm installers, pest control—except in IL, and residential contractors. Will not consider residential roofers; GCs; fire suppression installers. Can offer inland marine, property, and umbrella. Northfield, Nautilus, Western World, Capitol Indemnity, and Capitol Specialty are the carriers.
Arrowhead Managed Programs
140 South Lake Ave., #302
Pasadena, CA 91101
Phone: (626) 844-2467
Fax: (626) 844-2460
Web site: www.contractors-choice.com
A managing underwriter operating in all states except AZ, CT, FL, LA, MA, NH, OK, TX, VA, WV and southern NV with limits of $2 million/$2 million/$2 million. Target class is paper GCs only. Will not write specialty trade subcontractors under conventional GL product. Can offer conventional GL policy or OCIP/WRAP policy. American Safety Indemnity is the A rated carrier.
BAT Insurance Corp.
801 N. Brand Blvd., Ste. 310
Glendale, CA 91203
Contact: Tony Trocino
Fax: (818) 551-4589
A surplus broker operating in CA only. Will consider all classes. Can offer inland marine, course of construction, and umbrella. Gemini, NIC, and Bankers are the carriers.
Bohrer, Croxdale & McAdoo, Inc.
P.O. Box 2760
Springfield, MO 65801
Contact: Marilyn Foster, Grace Cumley, Teri Cloyd
Phone: Missouri (800) 779-2550
Arkansas (800) 594-5101
Web site: www.bcmins.com
An MGA operating in AR, IL, KS and MO with limits of $1 million/$2 million. Will consider most classes, including EFIS, residential home (small), artisan, excavators, roofing, and sewer/pipeline. Will not consider bridge builders. Can offer contractor’s equipment, umbrella, property, EPLI, D&O, and contractors pollution. Carriers are Northland National Fire & Marine, Scottsdale, Capitol Specialty, and Atlantic Casualty.
Bond Brokers, Inc.
6160 N. Cicero
Chicago, IL 60646
Contact: Craig Sherman
Phone: (888) 488-2663
Web site: www.bondbrokersinc.com
An MGA/agency that operates in all states. Target classes are GCs and subcontractors; can offer environmental. The carriers are A rated or above.
Bonding and Insurance Specialists Agency, Inc.
9340 S. Harlem Ave.
Bridgeview, IL 60455
Contact: Dennis Konieczny
A program administrator that operates in the 48 contiguous states with limits of $50 million. Target classes are environmental remediation, asbestos, lead, and mold. Can offer workers comp, business auto, GL with pollution, and bonds. All carriers are A rated.
Britt/Paulk Insurance
100 Glen Eagles Ct.
Carrollton, GA 30117
Contact: Jeff Vaughn, Leah Cheatwood
Phone: (800) 842-8917
Fax: (770) 836-8563
Web site: www.brittpaulk.com
An MGA that operates in all states except HI with open limits. Target classes are contractor’s equipment, agricultural equipment, and forestry equipment. Will not write GL, auto, or workers comp. NAS is the A+ admitted carrier.
Bruce V. Schneider Associates, Inc.
45 Middle Country Rd.
Middle Island, NY 11953
Contact: Craig Schneider
Phone: (800) 224-1707
E-mail: c.schneider@BVSAinsurance.com
An MGA/agency that operates in the 48 contiguous states with limits of $10 million. Target classes are marine operations—dock build, bridge, bulkheads. Can offer hull, P&I, and MEL. Uses both domestic and surplus lines to place coverage.
Buckingham Badler Associates, Inc.
286 Richmond Valley Rd.
Staten Island, NY 10309
Contact: Jane Dalli, Al Caputo, Stuart Badler
Fax: (347) 252-5101
Web site: www.bbainsurance.com
An MGA/E&S broker operating in CT, NJ, NY and PA with limits of $1 million/$2 million plus $10 million or better umbrella. Target classes are artisans, GCs, and wrap-ups. Can offer inland marine, contractors pollution, auto, bonds, and property (builders risk). The carriers are Arch (A+), Sirius (A+), AIG (A+), Tower (A), Colonial Cooperative (N/R), Rutgers (B), and Nautilus (A+).
Burnham and Company
474 Sylvan Ave.
Englewood Cliffs, NJ 07632
Contact: Bruce A. Rector
Phone: (800) 999-9689
Fax: (201) 568-5599
E-mail: brucer@burnhamco.com
Web site: www.elevatorinsurance.com
An MGA that operates in all 50 states with limits of $1 million per-occurrence/$3 million general aggregate/$3 million products aggregate. Target classes are elevator contractors, elevator parts manufacturers/distributors (includes stair lifts, wheelchair lifts), and elevator inspectors. Can offer umbrella, auto, property, inland marine, and workers comp. XL Insurance Global Risk is the A+ rated carrier.
Casualty & Surety, Inc.
100 Corporate Pky., Ste. 350
Birmingham, AL 35242
Contact: Lamar Andrews, Ext. 17
Phone: (205) 995-0713
Fax: (205) 995-0862
E-mail: landrews@csiapex.com
An MGA/E&S broker that operates nationwide with limits of $50 million. Target classes are road contractors, excavators, and roofers. Can offer inland marine, GL, and excess/umbrella. All carriers are rated A+.
Continental/Marmorstein & Malone
P.O. Box 586
Paramus, NJ 07652
Contact: Bill Malone, Jr.
An MGA/E&S broker that operates in NJ and NY only, with primary limits of $1 million/$2 million; higher limits available depending on the account; excess and umbrella also available. Target markets are all artisan contractors, GCs including commercial and small residential, demolition/wrecking contractors, marine contractors, roofing contractors, and environmental contractors. Can offer contractor’s equipment, OCP, builders risk, rehabs/renovations, vacant property, and contractors contingent liability. Carriers are American Empire, Essex, Interstate Fire & Casualty, Nautilus, Mt. Vernon, Admiral, Western World, and Arch.
DVUA North Carolina, Inc.
2302 West Meadowview Rd., Ste. 208
Greensboro, NC 27407
Contact: Buzz Harrison, David Smoak
Phone: (800) 499-3361
Fax: (877) 847-6644
Web site: www.dvua.com
An E&S broker that operates in GA, KY, NC, SC, TN, VA and WV with limits of $10 million. Target markets are commercial contractors and custom home contractors. Will not consider GCs involved in tract housing construction. Can offer umbrella. Various carriers are used to place coverage.
Environmental Insurance Agency, Inc.
P.O. Box 23605
Portland, OR 97281
Contact: Jim Hickey
E-mail: jim@eiains.com
Web site: www.eiains.com
An E&S broker that operates in all states with limits of $10 million. Will consider only environmental. Can offer CGL, CPL, and professional. All carriers are A rated.
Evolutions Insurance Brokers International (EIB International)
8722 Harrison St.
Sandy, UT 84070
Contact: F. Darrell Lindsey
Phone: (800) 257-5590
Fax: (801) 304-3800
E-mail: fdl@eibdirect.com
Web site: www.eibdirect.com
An E&S broker operating in all states with all limits. Will consider all classes. Prime Insurance is rated B- and Lloyd’s is rated in the A range.
Freberg Environmental Insurance
1451 Larimer St., Ste. 200
Denver, CO 80202
Contact: Danelle R. Nielsen
Phone: (800) 377-4152
Fax: (303) 623-8101
E-mail: info@feiinsurance.com
Web site: www.feiinsurance.com
An MGA operating in all states with limits of $10 million. Target classes are environmental contractors and non-environmental contractors for contractors pollution liability only. Hudson is the A rated group of insurance carriers.
Harry W. Gorst
9310 Topanga Canyon Blvd.
Chatsworth, CA 91311
Contact: Nancy Brown, Fran Locke, Randy Scott
Phone: (818) 507-0900
Fax: (818) 507-1133
Web site: www.gorst.com
An MGA/E&S broker operating in CA only with GL limits of up to $10 million. Target classes are small artisan contractors, and commercial GCs. Will not consider contractors involved in new residential construction, e.g., custom homes, tracts, apartments, condominiums and town homes. The carriers are Scottsdale (A+), Colony (A), and Western Heritage (A+).
Heath Insurance Brokers
21550 Oxnard St., Ste. 950
Woodland Hills, CA 91367
Contact: Casey B. Hamlin
Phone: (818) 710-3630
E-mail: chamlin@hibi.com
Web site: www.hibi.com
An MGA/wholesale broker that operates in CA only with limits of $1 million/$2 million/$2 million. Target classes are CA residential subcontractors. Will not write roofers or landscapers. Can offer commercial auto program, and contractors pollution. All carriers are rated A+.
Insurance Innovators Group
130 S. Easton Rd.
P.O. Box 969
Glenside, PA 19038
Contact: Fran Reh, Michael Kravitz
Phone: (800) 523-6422
Fax: (215) 886-2482
Web site: www.iiigroup.com
An MGA/E&S broker operating in DE, MD, NJ and PA with limits of $1 million/$2 million. Target market is contactors of all kinds, including paper GCs. Can offer umbrella, excess, wrap-ups, and OCP. All carriers are A rated.
International Placement Services, Inc.
101 South Hanley Rd., Ste. 700
St. Louis, MO 63105
Contact: Patrick Reilly
Phone: (800) 999-4774
Fax: (314) 725-4317
E-mail: preilly@ipsico.com
Web site: www.ipsico.com
An E&S broker that operates in all states except CA and NY with primary GL limits of $1 million/$2 million/$2 million and umbrella of $50 million-plus. Target classes are commercial contractors and large residential contractors. Will not consider small residential. Can offer auto fleets of 100-plus for construction-related accounts. All carriers are A rated.
The Jack Nebel Companies, Inc.
P.O. Box 159
Palatine, IL 60078
Contact: Jack Nebel, Tom Clark
Phone: (847) 705-5805
Fax: (847) 705-5808
Web site: www.jnebel.com
An MGA that operates in IA, IL, IN, MN, MO and WI with limits of $5 million/$5 million/$5 million. Target classes are residential and commercial GCs. Can offer GL, excess liability, and builders risk. All carriers are rated A or better.
Jacobs & Associates
8227 Brecksville Rd., #102
Brecksville, OH 44141
Contact: Jim Jacobs, Beth Jacobs, Vince Momosor
Phone: (440) 838-1870
Fax: (440) 838-0742
Web site: www.jacobsnow.org
An E&S broker that operates in OH only with primary limits of $3 million, and excess/umbrella of $10 million. Target classes are artisans, janitorial, small-medium GCs, and fire extinguisher refill. Will not consider construction/project managers. Can offer inland marine, builders risk and OCP. Scottsdale, Western Heritage, Admiral, Colony, Clarendon, and United National are the A rated or better carriers.
Klinger Associates, Inc.
P.O. Box 503526
Indianapolis, IN 46256
Contact: Bob Klinger
Phone: (317) 845-9890
Fax: (317) 845-9800
E-mail: klinger@klinger-insurance.com
A wholesale E&S broker operating in IN and the Midwest with limits of $1 million GL occurrence wording, plus umbrella up to $25 million. Target markets are hard-to-place, commercial roofers, etc. Will not write workers comp. Can offer umbrella and property. All carriers are A rated.
London American General Agency, Inc.
10174 Old Grove Rd., Ste. 100
San Diego, CA 92131
Phone: (858) 547-9000
Fax: (858) 547-9199
E-mail: ataylor@londonamerican.com
Web site: www.londonamerican.com
An MGA/E&S broker that operates in AZ, CA and NV only with limits of $2 million/$2 million/$1 million, plus excess. Targets both residential and commercial. Will not consider residential framers. Can offer excess, inland marine, property and EDP.
M.J. Kelly Co., Inc.
4415 E. Sunshine
Springfield, MO 65809
Contact: John Jennings, Shawna Cooke, Heather Duffield
Phone: (800) 725-7211
E-mail: jjennings@mjkelly.com
Web site: www.mjkelly.com
An E&S broker operating in AR, FL, IA, IL, KS, MO, MS, OK, TN and UT with various limits. Target classes are artisan contractors, welders, excavators, and roofers. Can offer contractor’s equipment, business auto, and umbrella. All carriers are rated A or better.
McLeckie Insurance Group
P.O. Box 770
Naples, TX 75568
Contact: Bill McLeckie, Jason McLeckie
Phone: (877) 905-9090
Fax: (903) 897-0062
E-mail: bill@mcleckie.com
Web site: www.mcleckie.com
An MGA/E&S broker that operates in all states with unlimited limits. Target market is contractor’s equip-ment. Various domestic carriers and Lloyd’s are used to place coverage.
Metcom Excess
P.O. Box 559
Ridgefield Park, NJ 07660
Contact: Jim James
Phone: (800) 521-1717
Fax: (201) 641-6566
E-mail: jjames@metcomexcess.com
Web site: www.metcomexcess.com
An E&S broker operates in NJ, NY and PA only with GL limits of $1 million and umbrella of $25 million. Will consider any class. Can offer inland marine, OCP, and property. Various carriers are used to place coverage.
Midlands Management Corp.
3503 N.W. 63rd, Ste. 305
Oklahoma City, OK 73123
Contact: Roger Park, Sonya Purvis
Phone: (800) 800-4007
Web site: www.midlandsmgt.com
An MGA/E&S broker operating in AR, KS, MO, OK and TX with limits of $1 million/$2 million. Target class is artisan. Can offer property and inland marine.
NAPCO LLC
333 Thornall St.
Edison, NJ 08837
Contact: John Pagoumian
Phone: (732) 603-2092
Fax: (732) 516-3192
E-mail: jpagoumian@napcollc.com
Web site: www.napcollc.com
An E&S broker and reinsurance broker that operates throughout the United States with international available. Will consider all classes. Can offer wind, flood and earthquake. Places coverage with standard carriers, surplus lines carriers and reinsurance companies.
National Advantage Insurance Services, Inc.
P.O. Box 1065
Tustin, CA 92781
Contact: Clifford Mapes, Renee Francis, Tammy Shea
Phone: (714) 505-1015
Fax: (714) 505-1025
E-mail: clifford@nationaladvantageins.com
Web site: www.nationaladvantageins.com
An E&S broker that operates in AL, AZ, CA, GA, NV, OR, TN and TX with limits of $1,250,000. Target markets are builders risk (all-risk coverage), and contractor’s equipment. Lloyd’s is the carrier.
National Environmental Coverage Corp.
30 Ramland Rd., Ste. 212A
Orangeburg, NY 10962
Contact: Chris Holmes
Phone: (800) 552-0230
Web site: www.necc.com
A program administrator that operates in all states with limits of $6 million. Target markets are environmental contractors (CGL/CPL) and non-environmental contractors for contractors pollution liability only. Can offer CGL, CPL, excess (in support). All carriers are rated A or better.
NIF Group/NIF Pro
30 Park Ave.
Manhasset, NY 11030
Contact: See Web site for NIF offices
Phone: (800) 892-8892
Fax: (516) 365-7392
Web site: www.nifgroup.com
An MGA/E&S broker that operates in all states; nonadmitted in 25 states. Target markets are trades, artisans, GCs, and difficult-to-place. Can offer inland marine, umbrella, excess, and OCP. All carriers are A rated.
Northeast Surety, LLC
3 Forest Park Dr.
Farmington, CT 06032
Contact: Kenneth J. Coco
Phone: (860) 674-0123
Fax: (860) 674-0170
A broker operating in CT, MA, ME, NH, NJ, NY, RI and VT with all limits. Will consider all types and sizes, including difficult-to-place contractors, environmental contractors, and start-up contractors. Can offer all types of bonds. All carriers are A rated.
Prime Insurance Syndicate Inc./I.E.B.S.
P.O. Box 4439
Sandy, UT 84091
Contact: Rick J. Lindsey
Phone: (877) 257-5590
Fax: (801) 304-3702
E-mail: rjl@primeis.com
Web site: www.primeis.com
An MGA (IEBS)/insurer(Prime) that operates in all states with all limits. Will consider all classes. Prime is rated B-, and Lloyd’s is rated in the A range.
Princeton Risk Managers, Inc.
435 Wall St., Research Park
Princeton, NJ 08540
Contact: Steve Gandley
Phone: (800) PRM-0099
E-mail: sgandley@princetonrisk.com
An E&S broker that operates in CT, DE, NJ, NY and PA with limits of $1 million/$2 million/$1 million, with excess limits available. Target classes are GCs, paper GCs and artisans—commercial/residential. Can offer umbrella. Carriers are ACE, Admiral, Arch, American Empire, Evanston, Lexington, Liberty International, International Insurance of Hannover, N.Y. Marine, Tudor, United Coastal, and Western Heritage.
Quaker Special Risk
P.O. Box 415
Sea Girt, NJ 08750
Frank Walsh
Phone: (800) 447-4180
Fax: (732) 223-9072
E-mail: fwalsh@qsr-insurance.com
Web site: www.qsr-insurance.com
An E&S broker that operates nationwide with primary limits of $2 million/$2 million; higher limits available with excess GL or umbrella. Target markets are residential, EFIS, roofers, trade contractors, environmental, commercial GCs, scaffolding, steel erection, painting, excavation/grading, fire sprinkler. Carriers are ACE/Westchester, Admiral, American Empire, Arch, Axis, Evanston, Interstate, Landmark American, Lexington, National Fire & Marine, National Indemnity, Nautilus, RLI/Mt. Hawley, and Gemini.
R.E. Chaix & Associates
41 Corporate Park, Ste. 310
Irvine, CA 92606
Contact: Timothy Chaix, Ext. 225
Phone: (800) 369-4337
E-mail: timothyc@rechaixinsurance.com
An E&S broker that operates in CA only with limits of $25 million. Target classes are commercial, home builders, and remodelers. Can offer inland marine. All carriers are A rated.
RA&MCO Insurance Services
2300 Clayton Rd., Ste. 1100
Concord, CA 94520
Phone: (800) 684-7475
Fax: (925) 685-1750
E-mail: info@ramco-ins.com
Web site: www.ramco-ins.com
An insurer that operates in all states except NH with limits of up to $5 million for professional liability. Target markets are small to mid-sized design/build contractors and trade subcontractors such as mechanical, electrical, fire protection, and plumbing. Will generally avoid large GCs as well as firms that specialize in residential projects. Can offer architects/engineers professional liability, construction managers professional liability, and land surveyors professional liability. Carriers are HCC Insurance Holdings, U.S. Specialty, Houston Casualty, and ACE Specialty.
Robert A. Schneider Agency
5620 Smetana Dr.
Minnetonka, MN 55343
Contact: GCs, Steve Zuckerman; all others, Dean Sessing
Phone: (800) 832-6038
Fax: (952) 938-0701
E-mail: rs@rasinc.com
Web site: www.rasinc.com
An MGA/E&S broker that operates in IA, MN, ND, SD and WI with limits of $3 million. Target market is all types of contractors, including those with 100% of work subbed out. Can offer property, inland marine, and builders risk. The A rated or better carriers are Nautilus, Investors, Essex, and USLI.
Roush Insurance Services, Inc.
P.O. Box 1060
Noblesville, IN 46061
Contact: Scott Sackers, Gabe Derzhavets, Dave Lebman
Phone: (800) 752-8402 (IL, IN)
(317) 776-6880
Fax: (317) 776-6891
Web site: www.roushins.com
An MGA that operates in IL, IN and OH only with limits of $1 million/$3 million; excess available up to $20 million. Will consider most contractors. Can offer contractor’s equipment, property, and binds. Carriers are Atlantic Casualty (A-), Century Surety (A), Evanston (A), Essex (A), and Scottsdale (A+).
Russell Bond & Co., Inc.
295 Main St., Ste. 866
Buffalo, NY 14203
Contact: Jeff Latke, Ext. 147; Chris Moyer, Ext. 149; Mike Kraus, Ext. 330
Phone: (800) 333-7226
Fax: (800) 677-6779
E-mail: jlatke@russellbond.com cmoyer@russellbond.com mkraus@russellbond.com
Web site: www.russellbond.com
An MGA/E&S broker operating in New York state only with primary limits of $2 million and umbrella limits of $25 million. Target markets are artisan and specialty contractors. Will not consider residential contractors (more than eight houses a year), construction managers or project managers. Can offer salting insurance, environmental, property, EPLI, workers comp, builders risk, RR protective, umbrella, OCP, CGL, and equipment floaters. All carriers are rated A- or better.
S.H. Smith & Co.
41 N. Main St.
West Hartford, CT 06107
Contact: Jeff Parmenter, Roy Snow, Jason Lukens
Phone: (800) 356-0168
Web site: www.shsmith.com
An E&S broker that operates in New England, MN, NY and OH with limits of $1 million/$2 million. Target markets are artisan contractors and GCs. Will not consider EFIS contractors. Can offer inland marine and builders risk. Carriers are Northland, Maxum, Nautilus, and Mt. Vernon/USLI.
Surplus Insurance Brokers Agency, Inc.
P.O. Box 749
South Bend, IN 46624
Contact: Sean Urbanski, Martha Salwin, Carol Dhoore
Phone: (800) 342-5706
Fax: (800) 578-7788
E-mail: surbanski@surplusins.com
Web site: www.surplusins.com
An MGA operating in IL and IN only with limits of $1 million. Target markets are tree trimmers, carpentry, and roofing. Can offer builders risk and inland marine. The A rated or better carriers are Scottsdale, Northfield, Interstate, and Capitol Indemnity.
Swett & Crawford
21650 Oxnard St., Ste. 1400
Woodland Hills, CA 91367
Contact: Craig Rubin
Phone: (800) 262-6099
E-mail: info@swett.com
Web site: www.swett.com
An E&S broker that operates in all states with unlimited limits. Will consider all classes. Can offer auto, inland marine, COC, and umbrella. All carriers are rated A- or above.
Symons International Group (Florida), Inc.
2300 Glades Rd., Ste. 135E
Boca Raton, FL 33431
Contact: Barbara Berenbaum, Jane Otto, Christine Korton
Phone: (800) 275-4348
Fax: (561) 392-9719
E-mail: info@sigfl.com
An MGA/E&S broker that operates in FL only with limits of $1 million. Target markets are plumbers, carpenters, electricians, air-conditioning installation/repair, fence erection, floor covering, handy person, and painting. Will not write GCs. Can offer equipment floaters. Carriers are Burlington and Lloyd’s.
United Brokers Inc.
P.O. Box 1243
New Albany, IN 47151
Contact: Janice Taylor, Ron Gapp, Ext. 129 or 119
Phone: (800) 444-4824
Fax: (812) 949-4015
E-mail: jtaylor@ubinc.com rong@ubinc.com
Web site: www.ubinc.com
An MGA that operates in AL, AR, FL, GA, IA, IL, IN, KY, MA, MI, MO, MS, NC, NJ, OH, OK, TN, VA, WI and WV with limits of $1 million per-occurrence and $2 million aggregate. Target markets are artisan, carpentry, apartment builders and others. Can offer inland marine, builders risk, installation, etc. Carriers are USLI, Colony, Penn, and Markel.
United Coastal Insurance Co.
233 Main St.
New Britain, CT 06050
Contact: Henry W. Nozko, Jr.
Phone: (860) 223-5000
Fax: (860) 229-1111
An insurer that operates in all states except NH and VT with limits of $1 million.
Universal Service Agency, Inc.
501 Office Center Dr., Ste. 128
Fort Washington, PA 19034
Contact: Susan A. Sallada, Patricia Marinucci, Diane J. Dyer
Phone: (215) 646-2400
Fax: (215) 646-4275
E-mail:
sales@universalbonds.com
Web:
www.universalbonds.com
A broker/agent that operates in the U.S. territory, as well as several worldwide markets. Targets are any surety, commercial surety or fidelity risks (a fidelity/surety market only). Twenty-five carriers with various ratings are used.
Van Wagoner Cos., Inc.
1100 Jupiter Rd., Ste. 121
Plano, TX 75074
Contact: Paul Van Wagoner,
Kim Hardy
Phone: (800) 727-9999
E-mail: rhonda@vwins.com
Web site: www.vwcos.com
An MGA that operates in all states except AL and FL with limits of $500,000/item and $20 million per schedule. Will consider all contractors. Can offer all-risk physical damage. Lloyd’s and Markel are the carriers.
Victor O. Schinnerer & Co., Inc.
2 Wisconsin Circle
Chevy Chase, MD 20815
Contact: Eric Myers, Gene Todaro, Emerson Browne
Phone: (301) 961-9800
Fax: (301) 951-5444
Web site: www.planetcontractor.com
An underwriting manager that operates in the U.S. territory, except Puerto Rico, with limits of up to $25 million. Target markets are GCs, design/build and specialty contractors, including mechanical and electrical contractors. Can offer professional/pollution combined, and professional and pollution. CNA is the
A rated carrier.
W. H. Greene & Associates
400 Quaker Rd.
East Aurora, NY 14052
William H. Greene
Phone: (716) 805-1090
Fax: (716) 805-1099
E-mail: mail@whgreene.com
Web site: www.whgreene.com
An E&S broker that provides umbrella in all states, with possible limits of up to $25 million; and CGL in NY state only with limits of $1 million/$2 million. Will consider all classes.
Western World Insurance Co.
400 Parson’s Pond Dr.
Franklin Lakes, NJ 07417
Contact: Timothy P. Hochkeppel
Phone: (201) 847-8600
Fax: (201) 847-1010
Web site: www.westernworld.com
An insurer that operates in all states with GL limits of $1 million/$2 million and property of $500,000. Target market is light commercial and residential. No lead, asbestos, mold or radon removal or remediation. Will not write condos, town houses, tract or row home construction or residential construction in Montrose states. Can offer GL and property. Western World and Tudor are rated A+.
The Wholesale Insurance Group
8 Nelson St. West, 6th Fl.
Brampton, ON, CN L6X 4J2
Contact: Karim Jaroudi
Phone: (905) 866-5261
E-mail: Kjaroudi@twig.ca
Web site: www.twig.ca
An MGU/wholesaler that operates in Canada. Target market is lead and mold abatement contractors, and general contractors who may not perform environmentally sensitive operations, but whose actions could cause environmental damage. Can offer EIL (environment impairment liability) in conjunction with CGL coverage on the same form. For environmental consultants, EIL, E&O, and/or CGL, coverage may be offered under one form. The carrier is AIG.
Yates & Associates Insurance Services
P.O. Box 25133
Santa Ana, CA 92799
Contact: Alex Zardeneta,
Diane Rusk
Phone: (800) 660-1125
Fax: (800) 378-8588
Web site:
www.yates-assoc.com
An MGA operating in CA only with various limits. Target markets are residential/commercial additions, remodeling of custom homes, and custom home builders. Will not consider new residential tract homes, condos, town houses, duplexes, or apartment construction. Can offer OCP, and waiver of subrogation. Lloyd’s is the carrier.
Zurich Specialties - Environmental & Design Professional
One Liberty Plaza
New York, NY 10006
Phone: (800) 382-2150
Web site: www.zurichna.com/environmental
An insurer that operates in all states with limits of up to $50 million. Targets any contracting risk that wishes to have contractors pollution liability coverage. *
