June 2007
LIG Marine Managers
LIG Marine Managers Announces a New Program
For Commercial Diving Operations
St. Petersburg, FL - LIG Marine Managers announces their new Diving Program which provides coverage for all your divers needs.
The Marine Industries Cover Package for Commercial Diving Operations eligible risks includes Commercial Divers and Related Marine Industries including repair, inspection and nuclear diving. Operations can also include non-diving exposures.
The Package Program provides Workers Compensation, Longshore, Maritime Employers Liability, Commercial General Liability including Products and Completed Operations, and Ship Repairers Legal Liability, Hull/Machinery/Equipment, Protection & Indemnity and Umbrella coverages as needed.
The program is underwritten by "A" rated Carriers for all sections. Most sections available Monoline with $25,000 account minimum premium.
Additional information is available at www.LIGMarine.com or (866) 578-2800 ext. 1.
NAS Insurance Services
NAS Announces NetGuard
Encino, CA - NAS Insurance Services has a new Network Security Insurance (NetGuard) which covers various allegations against an insured such as breach of privacy, identity theft, etc.
NetGuard includes Government Investigations Defense Cost Insurance such as government investigations into HIPAA and other federal or state violations.
Another important aspect of the program is Data Recovery Costs Insurance, covering recovery of electronic data lost by hacking, computer virus attack and other systems invasions.
NetGuard is available to specialty carriers to provide their insureds with valuable ancillary insurance protection. Various structures and limits are available. NAS works with reinsurance intermediaries to structure program for their clients.
Nas Insurance Services is an underwriting manager located at 16501 Ventura Blvd., Ste. 200, Encino, CA 91436, telephone (818) 382-2030, fax (818) 382-2040, web Site: www.nasinsurance.com. Rich Robin, Pres. can be contacted by phone at (818) 808-4477 or email: rrobin@nasinsurance.com.
May 2007
Ironshore Insurance, Ltd.
IRONSHORE INSURANCE TO PROVIDE PROPERTY AND CATASTROPHE INSURANCE FOR SOUTH CAROLINA RISKS
Hamilton, Bermuda - Ironshore Insurance Ltd. was approved today to provide property and catastrophe insurance on an excess and surplus basis for risks located in the State of South Carolina. Ironshore will provide commercial property and condominium coverages to the coastal exposed businesses statewide.
Ironshore is a newly formed Bermuda-based specialty insurance company with over $1 billion of capital. "We are grateful for the speed and flexibility demonstrated by the South Carolina Insurance Department in moving this approval forward," said Robert V. Deutsch, Chief Executive Officer of Ironshore.
Ironshore provides broker-sourced commercial property coverage located throughout the world, with its initial emphasis in the Gulf region of the United States. Ironshore's principal market profile includes property catastrophe and property all-risk coverage for small to mid-sized commercial risks. Ironshore Insurance Ltd. is rated A - (Excellent) by A.M. Best Company.
London American Risk Specialists
London American
Excess/Umbrella Facility for Healthcare & Social Services
London American is pleased to announce that they have a new facility that will provide excess and umbrella liability on a "STAND ALONE" basis.
Classes Considered:
Senior Care Facilities
Social Service (all types)
Hospices
Blood Banks
Laboratories
Urgent Care Clinics
Hospitals (under 400 beds)
Doctors (sorry, excluding ED Phys, anesthesiologists, radiologists)
Attachment:
$1m/$3m CGL-Professional
Maximum Limit - $10m ($15m hospitals)
Minimum Premium - $25,000 ($5,000 per $m limit)
Language & Forms:
Non-admitted (surplus lines paper)
A XIV Best's rated
Follow form claims made or occurrence
Excess of Underlying General & Professional Liability, Auto
Liability & Employer's Liability
Doing Business in 48 states
Information required for a Quote:
Copies of Underlying Gl, Pl, Al & EL applications
Five Years Currently Valued Loss Runs
Narrative Describing the Applicant's Operations (including Web site address)
Contact: Mike Mullens, London American Risk Specialists, 8150 North Central Expressway, Suite 1450 Dallas, Texas 75206, mmullens@LondonAmericanTx.com, 214-373-3936 (206) 972-345-2728 (cell #)
April 2007
Distinguished Programs
Distinguished Programs Launches Commercial Insurance Program for Affordable Housing
The Program Targets Multi-Family, Low-to-Moderate Income Housing
New York, NY - Distinguished Programs (www.distinguished.com), an insurance program developer that specializes in products for the real estate industry, has rolled out a national property and liability program geared to increase the availability of "market level" insurance coverage for the affordable housing industry.
The program, which includes all-risk property, liability and umbrella protection, focuses on: low-to-moderate income, privately-owned, multi-family housing where more than 20% of the rental income is governmental subsidized. The product is designed specifically for the needs these property owners face. One of the key features is the Business Income portion of the policy. Unlike a standard property form, it covers loss of both rents and government subsidies. The program is underwritten by standard, A-rated carriers and is now available to independent agents and brokers in 46 states.
Distinguished Programs provides a broad range of insurance products to the residential and commercial real estate industry, including: property, general liability, high limits umbrella and directors & officers liability, through a nationwide network of independent agents and brokers. The firm has offices in New York, Ohio, Illinois, California, Colorado and Rhode Island. Its operating units also include ReSource Pro, a back-office support and remote staffing operation in Qingdao, China, and Saranac Insurance Company, a reinsurer based in Barbados.
For more information: Carla Vel, COO, (212) 297-3102, cvel@distinguished.com
Leisure/Sports Specialists, LLC
Leisure/Sports Specialists (LSS) Establishes Partnership
with Target Market Specialists and RLI and Expands Market Services
Fort Wayne, IN - Leisure/Sports Specialists, LLC (LSS), a privately held underwriting organization that distributes its specialty sports and leisure insurance products through retail brokers, has established a partnership agreement with Target Market Specialists (TMS), a subsidiary of RLI, one of the leading underwriters within the commercial property and liability insurance industry (rated A+ "Superior" by A.M. Best). Through TMS, LSS will provide specialized general liability products on an exclusive basis for Amateur Sports and Motor Sports associations, teams, leagues, and their respective governing/sanctioning bodies; family entertainment centers and amusement parks; sports, leisure, recreation and exhibition venues, and multi-use convention centers. LSS and TMS will distribute these products on a non-admitted basis through Mt. Hawley Insurance Company, another RLI subsidiary.
In addition to the aforementioned products, LSS will begin distributing existing RLI property and casualty products specific to other classifications within the sports and leisure industries that include bowling centers, special events, golf courses, and sports training facilities.
About LSS
LSS corporate offices are located in Fort Wayne, Indiana, and may be reached by calling toll free 866-969-1101 or 260-969-1101 or online at www.leisuresportsspecialists.com.
About RLI
RLI Insurance Company, Mt. Hawley Insurance Company and RLI Indemnity Company - are rated A+ "Superior" by A.M. Best Company and A+ "Strong" by Standard & Poor's. For additional information, contact RLI Executive Vice President, Target Market Specialists James Davis at (972) 481-1034 or at james_davis@rlicorp.com or visit our website at www.rlicorp.com.
About Target Market Specialists
Target Market Specialists (TMS) provides specialty niche products and service solutions through appointed regional wholesale program administrators and retail agents with special focus on serving the hospitality, sports, leisure and recreation industries. More information is available online at www.tms-ins.com.
Markel American Insurance Company
Markel American Insurance Company Announces
Launch of Markel Boat Program and MAGIC System
PEWAUKEE, WI, - Markel American Insurance Company is pleased to announce the April 1st launch of its new Markel Boat program.
MAIC's new Markel Boat program is intended to write watercraft up to 26 feet. The target market for the product is very broad, with competitive rates and coverage for a new runabout, a personal watercraft, an airboat, a 100 MPH performance boat and anything in between. The new program offers some of the best coverage in the marketplace, including Replacement Cost coverage, Diminishing Deductibles, stand-alone Pollution, Wreck Removal as well as other options such as Primary Fishing and Boat Lift coverage.
The new Markel Boat product will be driven by MAGIC, MAIC's new web-based processing system. With the new system, agent referral submissions can now be completed with the click of the mouse and most risks won't even require an application.
Agents interested in access to the Markel Boat program can call 1-800-236-2862, ext. 2628 or go to the www.markelmarine.com website to reach one of MAIC's marine general agents.
A subsidiary of the Markel Corporation, Markel American Insurance Company specializes in the lines of Powersport Products, Specialty Marine, Preferred Yacht and Small Boat, and Specialty Property, and Wedding/Private Event Insurance. For more information on our products, please visit www.markelamerican.com.
Safeco
Safeco Consolidates Nonprofit Social Service Product Line with NIF Group, Inc.
Seattle, WA - Safeco announced today that its insurance product line for nonprofit social service agencies will now be available to all independent agents through on national source, NIF Group, Inc.
The company will underwrite and manage Safeco's nonprofit social service program, which spans a broad spectrum of 501(c) (3) organizations, including:
- Drug and Alcohol-Treatment Centers
- Mental Health Facilities
- Homeless/Family Shelters
- Child/Family Services
- Community Service Agencies
For more information:
Contact NIF Group, Inc. (877) 426-7643 or Safeco at www.safeco.com
March 2007
BISYS Commercial Insurance Services
BISYS LAUNCHES NATIONWIDE TOWING PROGRAM
BISYS Specialty Programs, a division of BISYS Commercial Insurance Services, has launched a new nationwide towing program, acting as Managing General Agent (MGA) for one of the nation's most respected insurers. This new market relationship with Westport Insurance Company (A.M. Best rated A+, XV), a Swiss Re Company, allows BISYS to provide specialty underwriting for a full complement of insurance coverage for towing risks.
The new BISYS Towing Program underwrites risks for professional towers, including those with service garages and body shops, for all states except Alabama, Alaska, Hawaii, Massachusetts, and New Jersey. Coverage provided includes commercial auto liability, physical damage, general liability, inland marine and property. An added benefit of this new program is its paperless submission process that allows agents to utilize electronic applications. All submission requirements are available online at www.BISYSPC.com.
Contact: Robert Devries Business Development Manager BISYS Specialty Programs (321) 421.6714 robert.devries@bisys.com; Jana Rucker Vice President - Marketing BISYS Commercial Insurance Services, Inc. (321) 421.6711 jana.rucker@bisys.com
GAINSCO Auto Insurance
GAINSCO Auto Insurance rives into New Mexico
Fast-Growing Insurer Brings Low-Cost, Minimum-Limits
Coverage to the Drivers Throughout the State.
Dallas, TX - GAINSCO Auto Insurance, which insures drivers across the Southern United States, has expanded its operations into New Mexico and will sell its personal auto policies through a network of independent insurance agents across the state.
GAINSCO Specializies in minimum-limits personal auto insurance, which allows drivers to purchase the legally required insurance coverage at minimum cost. Key Benefits of GAINSCO's insurance include:
- No Credit Scoring
- Competitive rates with low down payments
- Coverage for drivers with no prior insurance
- Coverage for drivers with previous accidents, tickets or violations
- Coverage for young drivers
- Liability and physical damage coverage
- Older vehicles accepted
- Lexibility to exclude household members upon request
- Instant SR-22s (proof of insurance required for drivers who have been
ticketed for driving without insurance)
GAINSCO policies are sold only through independent agencies and serviced by bilingual claims and customer service representatives, In addition to its focus on minimum-limits coverage, GAINSCO caters to the Hispanic community, offering all claims and customer services in both Spanish and English.
For more information visit www.GAINSC.com.
Professional Program Insurance Brokerage
MediSpa Program Enhancement Announced - Mesotherapy Coverage NOW Available
As the MediSpa market continues to evolve Professional Program Insurance Brokerage, a leader in insuring cutting edge industries, can now provide coverage for MediSpas and individuals performing Mesotherapy injections for fat reduction, cellulite and wrinkles.
Coverage is available for generally accepted formulas as determined by Societies, doctors or professional training programs and instructors. Products being used must be from licensed, compounding pharmacies.
Policies are packaged premises and professional (did you know we include the premises coverage for the first location at NO CHARGE)? MP starting at $2,000. Broker commission is 10%. Property coverage is available in most states.
Contact: Professional Program Insurance Brokerage 371 Bel Marin Keys Blvd. Suite 220, Novato, CA 94949, CA License #: 0B17238, Ph: (415) 475-4300, Fax: (415) 475-4303, Jennifer Schoenthal at Jennifer@medispa-ins.com or visit our web site at www.medispa-ins.com.
Swiss Re
Lawyers Win with Expanded Coverage from Swiss Re
Commercial Insurance Division Launches Excess Layer
Overland Park, KS - Swiss Re's Commercial Insurance today announced the launch of its excess layer coverage for law firms, complementing its highly-regarded first layer product, which has been available for more than 30 years.
"This expansion underscores Swiss Re's commitment to protecting the reputations and assets of law firms," said Michael Furlong, Lawyers Professional Liability Leader at Swiss Re's Commercial Insurance. "With the launch of our lawyers excess product we look forward to growing with our clients and brokers."
Brokers will benefit from the ease of implementation of Swiss Re lawyers excess product. It is designed to follow the form of the underlying policy, features a broad range of attachment points and is available in all 50 states.
Policies are written on non admitted paper from First Specialty Insurance Corporation and are backed by Swiss Re's financial strength and A+ (Superior) A.M. Best rating.
Brokers: For more information or to learn how to submit an application, contact Jill Zubak at (312) 821-4147 or Jill_Zubak@swissre.com.
Victor O. Schinnerer Co., Inc.
Schinnerer Announces Accident & Health Coverage for Public Entities
San Francisco, CA-Schinnerer Insurance Services announces the launch of Accident & Health policies to cover volunteer activities, civic group functions, special events, fundraisers and youth sports teams. These products help manage risk, reduce economic impact, provide valuable coverage for participants and encourage people to get involved with the assurance that they're covered. Premiums start at $350 annually for each.
- Volunteer Accident Insurance provides protection to entities with any number of volunteers. If an accident occurs, the volunteer receives a substantive benefit without exposing the public entity's General Liability or Workers Compensation policies to additional claims.
- Park & Recreation-Team Sports Insurance provides protection to team members participating in a scheduled game, an official tournament or team practice. Coverage may include coaches and volunteers. All sports are eligible.
- Child Care Group Accident Insurance provides protection for staff members and preschool children enrolled in a daycare facility or nursery.
For more information on Schinnerer's Public Entity programs for transits and municipalities, go to: www.PublicEntities.com.
Contact: Mary Jefferson, Senior Vice President, Corporate Marketing, Victor O. Schinnerer & Co., Inc. Two Wisconsin Circle, Chevy Chase, MD 20815, Phone:(301) 951-9798, Fax: (301) 951-5444, Mary.L.Jefferson@Schinnerer.com.
Insurance Market Solutions
New Healthcare Wholesale Division
Houston, TX - Wholesale broker IMS (Insurance Market Solutions) announces that it has started a healthcare division.
The Division will concentrate on writing Professional and General Liability for many types of healthcare risks ranging from nurse staffing and home healthcare to clinics, labs, surgery centers and nursing homes and assisted living facilities. IMS is an all-lines commercial excess and surplus lines broker accepting business from a broad range of retail agents and brokers throughout the Unites States. Parent company, Burnett Holdings, Inc. also owns Burnett & Co., a New Orleans-based managing general agent with operations in Houston. It specializes in marine and energy business and has the longest running contract in the Lloyds market. The Burnett group produces $90 mil. in annual premiums.
For more information contact Larry Mennes, Insurance Market Solutions (713) 243-4360, email larry@imsbrokers.com.
Maverick Commercial Ins. Services
NEW EXCLUSIVE ADMITTED PROGRAM
for California Commercial Contractors
Calabasas, Calif. - Maverick Commercial Insurance Services has added an exclusive new program for artisan contractors which includes workers' compensation, general liability and automobile coverage.
About the Program
This is an exclusive for Maverick and is available for commercial contractors (including Apartment work). The program is written with an A+, XV Admitted facility on a 2006 ISO CGL Occurrence form. Minimum premium is $100,000 combined for all lines. Work comp is guaranteed cost, Automobile (coverage symbol "1") is first dollar and the carrier is offering a small deductible for general liability. Specialized loss control and claims handling is available.
Eligible classes of business include: air conditioning, asphalt, cable installation, carpentry, carpet or floor installation, ceiling installation all types, cleaning building exterior, communication cabling, concrete, conduit, door & sash installation, drainage installation, dredging, electric power lines, electrical, elevator, excavation, fence, glazier, gas, grading, guniting, heating and air, highway construction, instrument installation, iron or steel erection, irrigation & drainage, lathing, lawn sprinkler installation, machinery or equipment erection, marble or stone setting, masonry, millwright, painting, partition installation, plastering, paving or repaving, plumbing, pump installation, pipeline construction all types, remodeling contractors, reinforcing steel erection, sewer construction, sheet metal work, sheetrock, siding installation, solar energy, stone or marble, street & road paving or repaving including rock excavation & resurface work, stucco and plastering outside of buildings, tile and stone work all types, wallboard installation within buildings, water main or connection construction, x-ray equipment installation.
About Maverick Commercial Insurance Services
Formerly Bass & Associates, Maverick Commercial Insurance Services is an independent insurance wholesale operation supported by a licensed, professional insurance staff and specializes in commercial lines insurance; workers' compensation, property & casualty, and excess & surplus lines.
Maverick Commercial Insurance Services is located at 23945 Calabasas RD. #107 Calabasas Ca 91302. Phone is (818)223-0011, fax is 818 223-0012. Website is www.maverickinsure.com contact Mario Gomez, mariogomez@maverickinsure.com or Rick Bass at rickbass@maverickinsure.com
February 2007
BISYS Commercial Insurance Services
BISYS® ACQUIRES TRUCKWRITERS, INC. FROM ZURICH PROGRAMS
Acquisition brings new market relationship and significant book of business
BISYS Commercial Insurance Services, today announced its acquisition of Truckwriters, Inc., an Atlanta based managing general agency owned by and writing business with Zurich Programs, a business unit of Zurich North America Commercial. Truckwriters will become part
of BISYS' managing general agent (MGA) operations, BISYS Specialty Programs, a leading writer of trucking and transportation risks nationwide. The acquisition expands BISYS' already comprehensive product line and includes a new market relationship and new niche client relationships.
Located in Alpharetta, GA, Truckwriters was established in 1993. A full service MGA, Truckwriters offers a broad spectrum of property and casualty lines of coverages as well as specialty lines such as accident and health, complementing BISYS Specialty Programs' existing business.
Contact: David Tooley, President, BISYS Specialty Programs, 321.751.9320, david.tooley@bisys.com, Jana Rucker, VP, Marketing, BISYS Commercial Insurance Services, Inc., (321) 421-6711, jana.rucker@bisys.com, www.BISYSPC.com.
Atlantic Risk Specialists
Atlantic Risk Specialists is Announcing
An Exciting New Umbrella Market for Specialty Auto Risks and Contractors Risk.
ARS is please to announce that they have contracted with a new umbrella market targeting hard to place umbrella risks. Competitive pricing on limits up to $10M. Excess limits also available.
Targets Include:
Specialty Auto:
- Airport Livery / Shuttle
- Concrete Mixed in Transit
- Garage Collection and Waste Hauler
- Moving and Storage
- Para Transit
- Sand & Gravel Hauling
- School Bus Operators
- Courier
- Valet Services
- Wholesale Distributors Fleets
Contractors:
- Residential GC's
- Commercial GC's with incidental residential exposure
- Residential Artisan Contractors
- HVAC
- Demo
- Janitorial Services
- Roofing
- Steel Erection
Minimum Premiums Start at $10,000. Please contact us for additional information
Larry Maier 201-661-2301 lmaier@arspecialists.com
Darren Dooskin 201-661-2340 ddooskin@arspecialists.com
Brian Wagner 516-482-1881 bwagner@arslatiff.com
Griffin Mayer 954-791-0501 gmayer@arspecialists.com
Jen Dumont 941-870-3125 jdumont@arspecialists.com
E.L.M. Insurance Brokers, Inc.
ELM Insurance Brokers, Inc. announces the completion of the first phase of its revolutionary "E.L.M. Data Flow Initiative"
The project promises to decrease insurance application processing time and increase customer service.
EL SEGUNDO, CA - ELM Insurance Brokers, Inc. announced that it has completed the first phase of its heralded Data Flow Initiative, the first step of creating a central clearing house of easily accessed information relevant to professional liability, Employment Practice, and D&O insurance applications and quotes.
The project, titled "E.L.M. Data Flow Initiative", comprises developed technology that will allow insurance companies to seamlessly collect, manage, provide Indications, and store data from their respective Applications for Insurance. By leveraging common, off-the-shelf software with custom programming, ELM has provided a platform through which insurance companies will be able to drastically improve turn-around time and customer service.
The first phase included the conversion of approximately 900 insurance applications and supplements from over 80 different markets into electronic, fully interactive PDF forms. The next phases will allow seamless integration with any of the following: ELM's award winning website (www.e-o.com), ELM's proprietary Agency Management System and into a separate MySQL database (capable of running on many different Operating System Platforms). Ultimately, the seamless "Data Flow Initiative," created by the Integration of several Single Point of Entry Systems, will allow insurance companies to directly access ELM's systems, through the ELM Website (www.e-o.com) or use the PDFs directly, to efficiently and securely obtain customer data thus rounding out the "Data Flow Initiative".
The process begins with a customer downloading an application in PDF format from ELM's website, (or obtaining one from their ELM contact) driven by Microsoft's .NET technologies. Once the application is completed interactively, it is submitted to ELM and sent on to the appropriate Markets. Additional phases will soon result in the data being automatically processed into the ELM Agency Management System as well as into a separate MySQL database (capable of running on many different Operating System Platforms). The database allows rapid sorting and searching of important customer data as well as for submitted PDFs to be displayed as necessary. Insurance companies will be able to interface to this data in a manner that can be seamlessly exported to whatever format desired, regardless of operating system or database and instantaneously produce Indications and terms according to their individual system procedures. The obvious co-ordination with the Insured, ELM's website and ELM's database system will round out the "Data Flow Initiative."
About E.L.M. Insurance Brokers, Inc.
E.L.M. Insurance Brokers is making available to agencies its applications for Accountants & Bookkeepers, Architects & Engineers, Attorneys, Computer & Generic Consultants, Directors & Officers (for-profit and nonprofit), Employment Practices Liability, Insurance Agents & Brokers, Miscellaneous Liability, Mortgage Brokers and Real Estate Brokers. In addition, these applications and more are online at www.e-o.com or E.L.M.'s popular web site for quick premium indications from various markets - www.e-insurebynet.com. E.L.M. Insurance Brokers, Inc., has specialized in professional liability programs for more than 30 years. They are located at 1990 East Grand Avenue, Suite 210, El Segundo, CA 90245
For more information contact Mr. Frederick Fisher direct at (310) 322-1301; Fax: (310) 322-1302. Or email: ffisher@e-o.com.
LIG Marine Managers
Agents Can Now Protect Their E&O with LIG Marine Managers
New ALL STATES LONGSHORE Endorsement
St. Petersburg, FL - LIG Marine Managers announces the roll out of a unique Longshore endorsement that provides coverage in ALL STATES for employees required to carry Longshore coverage. Coverage for employees on the waters edge has always been tricky and trying to establish who is covered where and when leaves agents E&O at risk.
LIG Marine Managers has the answer by offering a seamless program combining Workers Compensation, Longshore, OCSLA and M.E.L. coverages in one policy with a unique new Longshore All States Endorsement which allows workers to be covered wherever they work with an A rated, licensed carrier.
Additional information is available at www.LIGMarine.com or call (866) 578-2800 ext 1.
WKF&C Agency, Inc.
WKF&C Adds New Market for Insurance Agents & Brokers E&O
Melville, NY - WKF&C Agency, Inc. a nationwide, multi-line managing general agency for excess & surplus lines, announced that effective February 1, 2007, they have expanded their professional liability facility to include coverage for insurance agents and brokers (underwritten by certain underwriters at Lloyds of London).
About This Market
Preferred firms are mainstream P&C agents with up to $5,000,000 in commission income. Up to $2,000,000 limit is available and the minimum premium for the program is $3500. According to Mr. Nash, this product will be distributed 100% through wholesalers and pay 17.5% commission. As with WKF&C's current Miscellaneous Professional Liability program, claims will be handled by Mendes & Mount.
For more information, please contact Tom Nash, Vice President-Professional Liability at (631) 756-3000o Email: tnash@wkfc.com or Tom Curran, Vice President, - Marketing (480) 329-4919, Email: tcurran@wkfc.com; Website: www.wkfc.com
NAS Insurance Services
NAS OFFERS ITS EPLI INSUREDS STAND ALONE D&O LIABILTY INSURANCE
Encino, CA - NAS Insurance Services has a new stand-alone, simplified D&O insurance program for its EPLI insureds.
The D&O program features limits up to $1,000,000 with DIR of $0, $5,000/$5,000 or $0, $10,000/$10,000. The minimum premium for any limit is $1,000.
Unkown prior acts are covered. Exclusions include prior and pending claims, effective inception.
NAS Insurance Services is an underwriting manager and Lloyds correspondent located at 16501 Ventura blvd., Ste. 200, Encino, CA 91436, Telephone (818) 382-2030, fax (818) 382-2040, web site www.nasinsurance.com. Melvin Osswald, AVP, can be contacted by phone at (818) 808-4467 or email at mosswalkd@nasinsurance.com.
January 2007
K & K Insurance
New Accident Insurance Program for Jockeys
K&K Insurance Group will utilize Nationwide Life Insurance Company
to provide Participant Accident coverage for jockeys.
Fort Wayne, Indiana, January 4, 2007 - K&K Insurance Group, Inc. announced a new Participant Accident Medical insurance program designed specifically for jockeys. The program is being offered to eligible thoroughbred and quarter horse race tracks to provide accident medical coverage for licensed jockey's participating in their race meets.
The new program is available immediately and offers Accident Medical coverage (primary or excess) with a benefit period of three years and a maximum limit up to $1,000,000; Accidental Death & Specified Loss coverage; and Weekly Accident Income benefits up to 104 weeks. The program is designed to cover the track's race meet, including racing days, dark days, as well as stabling and training days.
K&K underwrites the program through Nationwide Life Insurance Company, which is rated A+ (Superior) by A.M. Best Company. Licensed independent agents and brokers are eligible to receive commission.
For more information about the program and/or to request a proposal, contact Marcia Dicke, Underwriter, K&K Insurance Group at 1-800-440-5580, or email marcia_dicke@kandkinsurance.com.
Markel Underwriting Managers
Environmental Division Announces a New "Follow Form Excess Product"
Friday January 12, 2007, Red Bank, NJ - Markel Underwriting Managers, Inc.'s (MUM) Environmental Division announced the release of a new excess product.
The Follow Form Excess product (FFE) will be considered when writing over accounts where MUM's Environmental Division supports the underlying coverage. As in traditional Follow Form Excess products, MUM will consider writing over another company's primary automobile policy and employer's liability policy. MUM can also write over their own Contractors Pollution Liability, Professional Liability, Environmental Impairment Liability and General Liability Policies.
MUM's target classes include environmental contractors, consultants/engineers, facilities, and products liability.
A subsidiary of the Markel Corporation, Markel Underwriting Managers, Inc. specializes in the lines of Primary Casualty, Property, Excess & Umbrella, Environmental, Taxi Liability, Surety and Special Programs. For more information on our products, please visit www.markelunderwriters.com
December 2006
WKF&C Agency, Inc.
WKF&C Adds New Market for Architects & Engineers E&O
Melville, NY - WKF&C Agency, Inc. announced that they have entered the architects and engineers E&O market (underwritten by certain underwriters at Lloyds of London).
About This Market
Eligible classes include architects, civi1/electrical/mechanical/process/structural/HV AC engineers, land surveyors, interior design, and others. Minimum premium is $5000 and the minimum deductible is $5000. The maximum limits offered are $5 million, and the product can be written on a primary or excess basis. The focus is on small to medium sized A&E firms. Summarizing the relationship between WKF&C and Lloyds.
WKF &C is headquartered in New York with branch offices in Connecticut, Massachusetts, Kansas, Illinois, Virginia and California. Their product line includes but is not limited to Boiler and Machinery , Wind Deductible Buy Back, General Liability , Inland Marine, Professional Liability , Property , Special Events
For more information, please contact Tom Nash, Vice President-Professional Liability at (631)756-3000- Email: tnash@wkfc.com. Web site: www.wkfc.com.
Fox Point Programs
FOX POINT PROGRAMS ANNOUNCES AN ERRORS AND OMISSIONS PRODUCT FOR SECURITY BROKER DEALERS
Fox Point Programs has partnered with certain Underwriters at Lloyds of London to offer Errors and Omissions (E&O) insurance for Securities Brokers-Dealers. The coverage provides protection against allegations of wrongful acts committed by the Insured as well as those attributed to individual Registered Representatives operating on the Insured's behalf.
The product is best suited for Broker-Dealer firms generating between $1 million and $10 million in revenues annually. Other factors used to determine eligibility include years of experience, number of registered representatives on staff, and types of services offered.
The Fox Point Securities Broker Dealer E&O product offers limits of up to $1 million per claim and a $3 million aggregate. Several different retention options are available. Coverage is written on a claims-made basis. Eligible risks do not derive more than 25% of its commission income from REITS, Limited Partnerships, or investment banking activities. The program is not available for entities domiciled in the state of New York. Fox Point can place New York-based risks on a one-off basis through its brokerage markets.
Interested parties can learn more about this program as well as the other products and services offered, by accessing Fox Point's website at www.foxpointprg.com. The company can also be contacted directly by calling toll-free 800-499-7242. The fax number is 302-472-8529.
For additional information, contact Jeremy Theobald, Underwriter at (302) 765-6047.
E-mail address: jeremy.theobald@foxpointprg.com
NAS Insurance Services
NAS Insurance Services Adds Medi-Spas to Its Medical Malpractice Insurance Coverage
Encino, CA - NAS Insurance Services now covers Medi-Spas in its Miscellaneous Medical Malpractice Insurance Coverage.
Medi-Spas now joins a list of eligible of NAS Medical Malpractice classes which run from Diagnostic Imaging and X-Ray Clinics to Surgi-Centers and Drug and Alcohol Rehabs.
Limits are $1,000,000 each claim and $3,000,000 aggregate.
The insurance is provided by Houston Casualty Company (HC) of Houston, Texas. NAS Insurance Services is an underwriting manager located at 16501 Ventura Blvd., Ste. 200 Encino, CA 91436, telephone (818) 382-2030, Fax (818) 382-2040, web site: www.nasinsurance.com. Dave Leventhal, Vice President, can be contacted by phone at (818) 808-4464, or email at dleventhal@nasinsurance.com
Professional Coverage Managers
Architects and Engineers Professional Liability Coverage
PCM offers a competitive Architects and Engineers Professional Liability Product.
We have exclusive electronic access with in-house underwriting, quoting and binding authority. The company is rated "A" by A.M. Best.
Limits of Liability are available from $100,000 up to $5,000,000 or more with deductibles from $5,000 depending upon the size of the firm. Acceptable classes may include:
CLASS
| Architecture
|
Contractors
|
| Building Design
|
Construction Management and Project Management - Purel At Risk
|
| Civil Engineering
|
Electrical Engineering
|
| Process Engineering
|
HVAC
|
| Structural Engineering
|
Interior Design
|
| Testing Labs - Soils related
|
Testing Labs
|
| Nuclear Engineering
|
Land Surveying
|
| Soils/Hydrology/Geology Engineering
|
Landscape Architect
|
| Mechanical Engineering
|
Design/Build
|
| Nuclear Engineers
|
Golf Course Design
|
| Construction Management and Project Management
|
Aerospace Engineers
|
| Forensic Engineering
|
Construction Inspections
|
| Chemical Engineer
|
Plan Check Review
|
| Sprinkler Design
|
Value Engineering
|
| Construction Cost Estimators
|
Computer Software Design
|
|
|
|
|
|
|
We write graduate and licensed architects and engineers engaged in full-time private practice.
A completed and signed application is required in order to quote any given risk. All quotations emanate from this office.
For more information, contact Bob Meyer (212) 344-8774 or RMeyer@pcmgroup.com or visit our web site www.pcmgroup.com for information on our other products and services. You can also send us submissions by fax at 212 344 5537
October 2006
BISYS Specialty Programs
BISYS® SPECIALTY PROGRAMS ANNOUNCES NUMEROUS NEW CLASSES AVAILABLE
New Carrier Relationship Expands Capabilities
BISYS Specialty Programs has secured a new carrier relationship that allows it to underwrite numerous new classes of business for several of its transportation programs. This relationship with an A rated, admitted carrier offers expansion into new classes within its Trucking, Waste Operations and Public Auto Programs in several states including Alabama, Florida, Georgia, Illinois, Ohio and South Carolina. New classes offered in these states include: cement mixers, couriers, petroleum transport, propane haulers, local moving and storage, church vans and buses, and adult day care vehicles. Dumping operations, including sand and gravel, are eligible classes in Alabama, Florida and Ohio only. Available coverage includes auto liability, general liability, physical damage, cargo and more.
Quadrant Insurance Managers
New Management and Professional Liability Product for Insurance Companies
Including all Forms of Alternative Risk Transfer (A.R.T.) Companies
Columbus, OH - Quadrant Insurance Managers is offering management and professional liability coverage for privately held, non-rated insurance companies as well as alternative risk transfer (A.R.T) companies. Quadrant has partnered with Darwin Professional Underwriters to exclusively offer this product.
Insurance Company Management & Professional Liability is designed for:
Insurance facilities with $250,000,000 or less in annual gross written premium volume
Privately held, non-rated insurance companies
Property & Casualty
Workers' Compensation
Life, Accident, and Health
Alternative Risk Transfer companies (A.R.T.)
Captives
Risk Retention Groups (RRGs)
Combination firms such as an MGA with insurance company
administration/management & claims handling packaged
Coverage is made up of:
Directors and Officers (D&O) Liability
Employment Practices Liability (EPL)
Professional Liability (E&O)
Contact: Doug Ruml, Quadrant Insurance Managers, 445 Hutchinson Ave, Suite 800, Columbus, OH 43235, Phone: 614.841.1425; Fax: 614.841.1426, druml@quadrant-us.com, www.quadrant-us.com
Note: Coverage descriptions are summaries only, and the complete policy should be read. Coverage may not be available in all states.
Petersen International Underwriters
Disability Insurance to Protect 401(k) Plans Launched
Valencia, CA, February 2006: - Petersen International Underwriters has launched its newest
program – The 401(k) Completion Plan! Financial advisors can now help their clients secure the anticipated contributions to their 401(k) plan. This will guarantee that the insured is able to accomplish their retirement planning even in the event of a permanent total disability. The new plan’s benefits are calculated based upon the amount paid into an existing 401(k) plan, averaged over the past 12 months, times the number of years until the insured is expected to retire. Upon a claim, the benefit is paid as a lump sum benefit after a 12 month elimination period. This lump sum benefit can then be used for a variety of purposes ranging from investing into any of numerous forms of investment programs to using for helping with medical expenses or even for personal reasons.
The 401(k) Protection Plan can be sold individually, but it is really excellent as a group program. Underwriting ranges from full underwriting to guaranteed issue depending upon participation.
For more information contact: Thomas Petersen, 23929 Valencia Blvd., #215, Valencia, CA 91355, (661) 254-0006, Thomas@piu.org.
Swiss Re
Swiss Re Launches New Utility Program with London American Risk Specialists, Inc.
Overland Park, KS - Swiss Re and London American Risk Specialists, Inc announce the immediate launch of a program for small-to medium-sized private and public utilities. The program, which includes gas, electrical, water and sewer facilities, is now active in 17 states, primarily in the South and Midwest.
Coverages include multi-line General Liability, Property, Crime, Equipment Breakdown, Inland Marine and Auto. General Liability will have $1M limits per occurrence with a $2M aggregate, while property limits will vary by location.
Classes of business: utilities-including gas, electric, water and sewage.
Eligible states: Alabama, Arkansas, Florida, Georgia, Illinois, Indiana, Kentucky, Louisiana, Michigan, Missouri, Mississippi, North Carolina, Ohio, South Carolina, Tennessee, Texas and Virginia.
For more information, contact:
Larry Vickery
London American Risk Specialists
Cordova, TN
1-800-448-7188
William Marko
Swiss Re's Commercial Insurance
Overland Park, KS
1-913-676-6504
September 2006
THOMCO Insurance Enterprises
THOMCO TO ASSUME MANAGEMENT OF THE ZURICH TANNING BOOK
THOMCO, a National Programs administrator headquartered in Kennesaw, Georgia, will assume management, effective June 1, 2006, of a book of insurance for tanning salons currently managed by Minnesota Marketing Center (MMC), of Minneapolis. THOMCO manages 14 national programs in niches as diverse as medical transportation, daycare, senior living, pest control and social services. MMC and Zurich North America Commercial (Zurich) have a 17-year history of being a leading player in the tanning salon market. THOMCO, MMC and Zurich are all committed to a smooth transition and strong continuation of this program.
For more information, contact Paula Whitenight, Vice President at MMC (800-245-0023) paulaw@imcgroup.com or Gary Vaughn, Senior Vice President, Business Development at THOMCO (888-516-2476) gcvaughn@thomcoins.com.
Enhancements
June 2007
Acadia Insurance Company
Acadia Expands Synergy Risk ManagementSM Services
WESTBROOK, Maine - Acadia's Synergy Risk ManagementSM is a unique multi-disciplinary approach to reducing the total cost of risk for Acadia's insureds. Over the past two years, Acadia has invested significant time and resources expanding the program and continues to see remarkable results in improved account profitability and retention. Today, nearly twenty-five percent of Acadia's premium is serviced within the Synergy model.
The Synergy process involves a team representing the disciplines of underwriting, loss control, and claims formulating a detailed service plan for each account, aimed at reducing losses and exposures. Plans are agreed upon with agents and their insureds, then implemented with measured results. "Synergy provides my insureds with precise services to reduce the costs associated with losses," says Acadia agent Joseph B. Smith, CPCU, ARM, President of Smith Brothers Insurance of Connecticut. "The collaborative nature of the Synergy process also builds strong relationships and eliminates unwanted surprises. Our clients really value this type of attention."
Synergy currently targets middle market and larger risks, but, according to Acadia President, Bill Thornton, CPCU, CLU, plans are underway to expand Synergy to all Acadia insureds. "We want Synergy to become the way we do business, not a special program," says Mr. Thornton. "Through technology and Acadia's local branch presence, we will ultimately be able to deliver cost-effective risk management services to any Acadia insured."
Acadia Insurance Company works exclusively through independent agents serving the commercial and specialty lines insurance needs of the businesses of New England and New York. Acadia is rated A (Excellent) by A.M. Best and is a subsidiary of W.R. Berkley Corporation (NYSE:BER), an insurance holding company that is among the largest commercial lines writers in the United States.
Contact information Thomas P. Stark, Vice President Marketing, Acadia Insurance Company, One Acadia Commons, Westbrook, Maine 04098, (207) 874-1608, tom.stark@acadia-ins.com
May 2007
WKF&C Agency
WKF&C Adds Two More Carriers for General Liability
Melville, New York - Tom Wilson, President of WKF&C Agency announces the signing of two (2) non-admitted, premier carriers with A.M. Best ratings of "A-" in an effort to provide a broader range of General Liability coverage to their insureds.
About the Coverage
Coverage is provided through the ISO General Liability form (CG 00 01 10 01) covering designated locations for premises liability.
Eligible classes of business include: Habitational Real Estate, including apartments, condominiums, co-ops and 1-4 family dwellings, up to and including 15 stories in height - Mercantile, Retail and Office risks for lessors' risk - Vacant buildings and land - Owners' Interest for construction and renovation projects - Special Events' Liability.
Maximum policy limits are Premises liability $1,000,000 per occurrence/$2,000,000 annual aggregate - Personal/Advertising Injury $1,000,000 annual aggregate - Fire Damage Legal Liability $50,000 - $5,000 Premises Medical Payments.
For submission requirements, coverage extensions and exclusions, contact Rich Pokorny, Vice President - Casualty at (631) 756-3000 or Tom Curran, Vice President - Marketing at (480) 329-4919 - email: rpokorny@wkfc.com or tcurran@wkfc.com , web site: www.wkfc.com
Professional Program Insurance Brokerage
Professional Program Insurance Brokerage Lowers Property Rates Nationwide
Professional Program Insurance Brokerage has reduced their property rates nationwide. New rates take effect immediately for the 24 hour quick quote MediSpa, and self rating Tattoo/Body Piercing, Tanning/Beauty and Permanent Makeup programs.
Property must be packaged with general/professional liability. This program offers all risk, replacement cost, with a $1,000 deductible. Limits available up to $500,000 in house binding authority, higher limits available on a submit basis.
For more information please contact underwriter Jennifer Schoenthal at Jennifer@medispa-ins.com.
February 2007
Professional Program Insurance Brokerage
As we enter 2007 Professional Program Insurance Brokerage has changed their agency structure to a wholesaler. We no longer accept applications client direct for our proprietary Tanning/Beauty and MediSpa programs.
Our commission scale is now up to industry standards as we now offer agents 10% commission across the board. Since we have become self contained with the ability to rate, quote, underwrite and issue policies within our office we are able to increase profitability to our agents. In the past higher commissions were only available if a policy was packaged with property.
This includes our popular self rating Tanning & Beauty, Tattoo & Body Piercing, Permanent Makeup, Laser and our quick quoting MediSpa programs.
For More information contact: Professional Program Insurance Brokerage, Jennifer Schoenthal at 371 Bel Marin Keys Blvd. Suite 220, Novato, CA 94949, Phone: 415-475-4300, Fax: 415-475-4303, Jennifer@medispa-ins.com, Web site:www.medispa-ins.com; www.tattoo-ins.com
Quadrant Insurance Managers
Quadrant Expands Nursing Home Liabilty Program Into Texas
COLUMBUS, OH - Quadrant Insurance Managers has expanded its Nursing Home Liability product into Texas. This product offers professional and general liability coverage to Texas and Florida nursing homes (skilled nursing facilities); subacute care facilities; rehabilitation facilities; and intermediate or continuing care retirement communities.
Previously, Quadrant's Nursing Home Liability product was available only in Florida.
The Nursing Home Liability product offers PL/GL coverage on a claims made policy. There is no limitation on the number of beds per location and there is no deductible. Policy limits available are: $25,000 per claim & $25,000 annual aggregate; $50,000 per claim & $50,000 annual aggregate; or $100,000 per claim & $100,000 annual aggregate. This product is available on a surplus lines basis through a highly rated carrier.
For more information or to access the Nursing Home Liability product, please contact Mark Harris of Quadrant at 614.841.1425 (mharris@quadrant-us.com). Additional information may be found at www.quadrant-us.com.
R.E. Chaix & Associates
R. E. Chaix Gets Pen for Two New Carriers
Irvine, CA - Timothy Chaix, president of R.E. Chaix & Associates announced they have just finished negotiations to add two new carriers for in-house binding for property & casualty risks.
Both carriers are non-admitted and both have "A" ratings from AM Best.
While both carriers are specialists in property and casualty risks, they also have an appetite for contractors - small to medium sized, no new residential. Available for risks in California only.
Applications can be easily downloaded. New agents are welcome. Questions should be directed to Tim Chaix at 949 428.9373 ext. 225 or email timc@rechaixinsurance.com.
Lemac & Associates
New & More Aggressive Package Markets at Lemac & Associates
Los Angeles, Calif. - Lemac & Associates has new and improved package (property, B&M, crime, and GL) markets, according to a recent announcement by William Newton, president and CEO.
New & Improved Package Market
Lemac's select "A" rated carriers are aggressively quoting package business including property, machinery breakdown, crime and general liability with large capacity for condominiums, townhouses, apartments, shopping centers, retail stores, distribution centers and a host of other classes with very competitive rates. Along with the Lemac construction capabilities, Lemac will take accounts from COC to finished project insurance.
Coverage is available in all states with minimum premiums as low as $2500. With property limits of $100,000+ and deductibles as low as $2,500, agents and brokers will find it easy to write coverage for single or multiple locations with no limit on total insurable value. Valuation is replacement cost, agreed amount. General liability limits include: $1,000,000 per occurrence, $2,000,000 general aggregate, $1,000,000 on products and completed operations, and $50,000 on fire damage. Lemac can also write up to $1,000,000 on personal and advertising injury, $5,000 medical expense and $1,000,000 on hired non-owned auto. Depending on the risk, crime, machinery breakdown and excess general liability are also available.
For more information about the improved package markets from Lemac & Associates, agents and brokers are invited to contact their Lemac account representative or John Sorrell direct at (323) 932-5713, jsorrell@lemacassociates.com
January 2007
Shand Morahan & Company, Inc.
Shand Morahan & Co., Inc.
Revamps Lawyers Professional Coverage
Deerfield, IL, January 15, 2007 - Shand Morahan & Company, Inc., underwriting manager of Evanston Insurance Company, announced the launch of its revamped Lawyers Professional Liability program, now called Designed ProtectionSM for Law Firms. Targeted to hard-to-place attorneys and law firms, the updated program features a new, more competitive policy form and application, as well as the addition of three risk management enhancements unique in the marketplace.
The risk management components are made available free-of-charge to all Evanston policyholders. A description of Shand's Designed ProtectionSM for Law Firms risk management services follows:
Lawyers Risk Management Hotline - Confidential telephone hotline staffed by a panel of attorneys with expertise in risk management for the legal profession, and defense of lawyers professional liability claims and ethics related state bar disciplinary proceedings.
Lawyers Risk Management Guide - Comprised of 80 core risk management strategies specifically targeted to law firms and attorneys.
Professional Practices Guide - Applicable to a wide range of non-medical professionals. The guide is comprised of 230 Leading Edge Strategies across a broad array of 75 different high-impact topics that include claim mitigation, client relations, marketing and firm profitability.
Shand Morahan & Company, Inc. is a wholesale-dedicated surplus lines insurance underwriting management company, wholly-owned by Markel Corporation. Shand has been providing insurance solutions for the nonstandard and niche market for over 35 years. For more information, please visit www.shand.com
December 2006
LIG Marine Managers
How To Protect Vessel Owners For Loss of Income
St. Petersburg, FL, December 13th, 2006 - LIG Marine Managers announces the release of its new "Loss of Hire" Program designed to pay for continuing expenses and loss of profits to vessel owner clients while their vessels are unable to work after a claim. Similar to "Business Interruption" or "Loss of Income" in the property market, "Loss of Hire" provides the means for clients to pay their loans, insurance premiums, key clerical staff, the captain and essential crew, and numerous other expenses.
When a vessel is damaged and it takes weeks or months to repair, the owner has ZERO income to cover these expenses (let alone the money they were planning on as profit)! Add to that the expense of chartering a replacement vessel to fulfill a contract to which the owner has committed.
"Loss of Hire" is the marine term for the coverage to protect clients from this catastrophic event and yet few owners are ever offered the coverage. "Loss of Hire" Insurance for vessel owners and operators is now available through LIG Marine Managers.
Vessels eligible for the program include: Tugs, Barges, Passenger Vessels, Harbor Craft and other Commercial Vessels.
Minimum Premium is $ 10,000.
For additional information on LIG Marine Managers and complete program descriptions, please visit LIG's website at www.LIGInsurance.com. Applications can be downloaded 7 days a week, 24 hours a day. For Agency Appointments please contact Karen Tischler, Marketing Director, at (727) 578-2800 ext. 321.
Swiss RE and Interstate Insurance Management
Swiss Re and IIM Extend Coverage to More Trucking Operations
Overland Park, KS -November 13, 2006- Interstate Insurance Management (IIM) and Swiss Re's Commercial Insurance announce the immediate expansion of their insurance program for the trucking industry into Virginia and Indiana. The program, which has been in operation since 1970, provides coverage for the trucking industry and targets all size fleets with distances that range from local to long haul.
Coverages include auto liability and physical damage, motor truck cargo, general liability and property. Auto liability has a combined single limit of $l million while auto physical damage is $250,000 per tractor-trailer combination. General liability limits are $1 million with a $2 million aggregate.
Eligible states under the program are: Pennsylvania, Ohio, Maryland, West Virginia, Delaware, Virginia and Indiana.
Interstate Insurance Management, Inc. is a Managing General Agency/Brokerage facility writing commercial property, casualty and transportation related lines on a wholesale basis through independent insurance agents. Interstate was founded in Johnstown, Pennsylvania in 1970.
For more information contact Interstate at (800) 452-0297; www.interstateisnurance.com
October 2006
THOMCO
Pest control Press Release
Thomco' Pest control program, Pest Control Pro, announces some important enhancements to the program.
The first of these critical coverage enhancements is the ability to eliminate the 3-year Sunset Clause, which is currently on the wood destroying insect inspection coverage. The rate is only 10% of the WDI premium subject to a $250 minimum premium. This is available for all accounts with a 10/01/06 or later effective date.
Also available 10/01/06, Workers compensation coverage can be written through an A rated carrier in the following states: Al, AR, AZ, DC, DE, GA, IL, IN, KS, KY, MA, MD, MI, MN, MO, MT, NC, NE, NH, NM, NJ, NY, NV, OK, RI, SC, TN, UT, VA, VT and WI. More states will be added by year-end. The carrier requires three years of loss history and the application can be completed on-line. Thomco will pay 7% commission to its producers. This coverage cannot be written mono line and must be supported by general liability coverage.
The final enhancement is the addition of property coverage starting in 2007. The coverage will be written on a non-admitted basis and is available in most of the country. The program will use current ISO forms and will include Building, Contents, Inland Marine, EDP and Business Income coverage. Coverage will not be available in Florida, Mississippi, Louisiana and some other coastal areas. Earth movement and flood coverage will also not be available This coverage cannot be written mono line and must be supported by general liability coverage.
Please contact either Keith Steinberg or John Clark @ 1-800-476-4940 if you have any questions about these important enhancements.
September 2006
BISYS
BISYS ACQUIRES RATNER ASSOCIATES AND D&O CONCEPTS
Enhances D&O and Professional Liability Capabilities and Obtains Exclusive Market Relationship for Legal Liability Coverages
BISYS Commercial Insurance Services, a leading provider of commercial property and casualty insurance solutions, today announced its acquisition of New Jersey-based David A. Ratner Associates' operations and D&O Concepts, its wholesale affiliate.
The move gives BISYS Tri-City Brokerage clients access to Ratner Associates' exclusive arrangement as a managing general agent for its Lawyers Professional Liability program currently available in New York and New Jersey.
D&O Concepts brings extensive wholesale expertise in placing directors and officers, employment practices liability, lawyers professional liability, miscellaneous professional liability, fiduciary liability, and crime/kidnap and ransom insurance.
Contact: John Jennings President, Tri-City Brokerage, (212)293-3929, john.jennings@bisys.com; Jana Rucker Vice President, BCIS, (321)421-6711, jana.rucker@bisys.com;The BISYS Group, Inc. (NYSE:BSG) www.BISYSPC.com
Caitlin Morgan Insurance Services
Caitlin Morgan Insurance Services has a New Workers' Compensation Market
Previously ineligible class codes now being considered
Premium levels for tough to place classes have been lowered
Some highlights include:
New $50,000 Minimum Premium (mods over 1.25 will be considered under certain situations)
Eligible Classes
1925-Die Casting Mfg
2081-Butchering
2714-Veneer Mfg
5506-Street or road construction
8824-Retirement Living-Heath Care
8825-Retirement Living-Food Svc
8826-Retirement Living -All other
8829-Nursing home
8861-Charitable professional
9110-Charitable all other
New $100,000 Minimum Premium (mods over 1.25 will be considered under certain situations)
3004-Iron or steel mfg
3018-Iton or steel-rolling mills
3081-Foundry-Ferrous
3082-Foundry steel castings
3085-Foundry-non Ferrous
We have chosen to only highlight a few classes from one of our carriers we found tougher to place. We have multiple carriers willing to consider a broad array of classes. If you have questions on eligibility, feel free to either email or call gerry.dumke@caitlin-morgan.com or (800)723-7475, ext. 280
Carriers Appointing Agents
None at this time
Products Not Available
None at this time.
Contact Changes
June 2007
Francis L. Dean & Associates
Francis L. Dean & Associates Announces Two Additional Offices
Francis L. Dean & Associates, a national underwriting facility specializing in sports and entertainment insurance has opened two additional offices simultaneously. The company is currently headquartered in Wheaton, IL and maintains independent office locations in Ft. Worth, TX and Centennial, CO. June 1st of this year has brought two additional offices located in El Segundo, CA and Ocala, FL.
The El Segundo address is 880 Apollo St., Ste. 215, El Segundo, CA 90245, (888) 416-9091, Fax (310) 416-8732, www.fdeanca.com. The Ocala address is 3300 SW 34th Ave., Ste. 120, Ocala, FL 34474, (877) 671-3326, Fax (352) 854-6380, www.fdeanfl.com.
The new offices are managed by experienced underwriters from the Wheaton headquarters who have relocated to assist in the company's rapid growth. Alyson Norrbohm has relocated to California while co-owner Breda Dean is now in Florida. Additional staff member from Illinois also made the move to both offices.
March 2007
Atlantic Specialty Lines of Florida, Inc.
Atlantic Specialty Lines of Florida, Inc. Announces
the Asset Acquisition of Gary Markel Surplus Lines Brokerage, Inc.
Clearwater, FL and Richmond, VA - Robert M. Bryant, President, and Martin H. Kanipe, Executive Vice President of Atlantic Specialty Lines of Florida, Inc. (ASL - FL) and Paula Ross, Executive Vice President, Gary Markel Surplus Lines Brokerage, Inc. (GMSL), today announced the asset acquisition of GMSL by ASL-FL. ASL-FL will own and operate the acquired assets.
ASL - FL is a member of the Atlantic Specialty Lines, Inc. group of companies with offices in VA, IL, FL, MD & PA. ASL provides wholesale Excess and Surplus lines insurance, agency brokerage and managing general agency services. The company's web address is www.Atlanticspecial.com.
The office will be headed by Seth Johnson, COO who has been in the ASL - VA office since 1996. Paula Ross, Executive Vice President GMSL, will stay on board in that capacity to assist Seth with growing our Florida operations.
"This gives us a much larger platform to grow our existing Florida operation", says Mr. Bryant. Mr. Kanipe adds, " We are truly excited to have Paula and her team join the ASL family. Together with our existing FL operation and overall management team we are poised for significant growth in the Southeast."
Paula Ross stated, "We are all thrilled to be joining the ASL team. Adding Seth Johnson to our office along with ASL's dedicated HR, IT and Accounting departments will enable us to bring our office to the next level."
Martin Kanipe, CPCU, ASLI Executive Vice President, (804) 272-2655, mkanipe@atlanticspecial.com
National Insurance Professionals Corporation
National Insurance Professionals Corp. has a new mailing address. It is now PO BOX 834, POULSBO WA 98370-0834
Contact Information: Kathy Schufreider, Marketing Director, A Division Of Risk Placement Services, PO Box 834. Poulsbo WA 98370-0834, (360)697-3611 Fax (360)697-3688 www.nipc.com
February 2007
Sierra Summit Surety Insurance Services
About Sierra Summit Surety Insurance Services
With two central locations, Sierra Summit Surety Insurance Services will be serving the Surety Bond needs of California's agents and brokers.
Bill Shupper, Vice President/CFO will manage the Pasadena office located at 369 S. Fair Oaks, Pasadena, CA 91105; Phone is (626) 683-4991; fax is (626) 683-3408; Email is bills@sierrasummitsurety.com
Ray Gail, President, will manage the Rancho Cucamonga office located at; 9411 Haven Avenue, Ste. 201, Rancho Cucamonga, CA 91730; Phone is (909) 919-2432; Fax is (909) 980-8303; Email is rayg@sierrasummitsurety.com
They will be handling Small Contractors; Subdivision; and Commercial/License & Permit Surety Risks. For more information contact Ray Gail, President 909.919.2432 or email: rayg@sierrasummitsurety.com
Special Interest
May 2007
E.L.M. Insurance Brokers
E.L.M. - Executive Liability Managers Insurance Brokers
Hosts Continuing Education Seminar with US Liability Insurance Company
El Segundo, CA - Frederick Fisher, President E.L.M. Insurance Brokers is pleased to announce that they are hosting a continuing education seminar on June 19, 2007, in conjunction with US Liability Insurance Company. The seminar has recently been approved by the California Department of Insurance for three hours of continuing education credits (Provider #166910). The course is an overview of Specialty Lines Insurance. Topics will include employment practices liability, directors & officers (private and non-profit), miscellaneous E&O, technology, etc. Included with the various types of policies will be discussion of exposures, claims scenarios, and claims made vs. occurrence policies. Attendees will gain knowledge of opportunities, review federal and local laws and network with industry colleagues.
These courses will mirror the new series - "A Few Words About." articles currently available on the ELM Web site listed under "What's New" then go to "A Few Words About." to find the articles written to assist agents in explaining the importance of these kinds of coverage to their clients.
They can be found at www.e-o.com/about_elm_news_and_announcements_details.aspx?id=26.
Specifics on June 19 Seminar
The June 19th seminar will be held at the Doubletree Hotel in El Segundo, CA. Address is 1985 East Grand Ave., El Segundo, CA. It will start promptly at 8:30 am and end at 12:00 P.M with a light lunch to follow. Space is limited, so interested persons should reserve as soon as possible by calling Clancy Marie Johanssen at (310) 322-1301. Registration is free. Agents are reminded to bring their insurance license number to get their CU credits for attending.
Contact: E.L.M. Insurance Brokers P.O. 2668, El Segundo, CA 90245-1768; phone: (310) 322-1301; Fax is (310) 322-1302 or (310) 368-8440. email: mainoffice@e-o.com; web site, www.e-o.com.
BISYS® ANNOUNCES AGREEMENT TO BE ACQUIRED BY CITI
Citi to Retain Fund Services and Alternative Investments
J.C. Flowers to Acquire BISYS' Insurance Services Group and Retirement Services business from Citi in Simultaneous Transaction
ROSELAND, N.J., (May 2, 2007) - BISYS, announced that it has entered into a definitive agreement under which Citi (NYSE:C) would acquire all of its outstanding shares in a transaction valued at approximately $1.45 billion. BISYS shareholders would receive $12.00 in cash per share, consisting of $11.85 per share to be paid by Citi at the closing of the acquisition and a special dividend of $0.15 per share in cash payable by BISYS, and conditioned upon the closing of the acquisition, for total consideration of $1.47 billion.
Citi would combine BISYS Fund Services and Alternative Investment Services, which provide administration and distribution services for mutual funds, hedge funds, private equity funds, and other investment products, with its own operations to create a leader in the Investment Servicing industry with expanded global presence and broader product offerings in these areas.
Simultaneously, JC Flowers, a private equity firm, would acquire BISYS' Insurance Services Group and Retirement Services business from Citi. The Insurance Services Group provides independent wholesale distribution of life insurance and commercial property/casualty insurance, among other activities. JC Flowers will be combining its existing commercial insurance business, Crump, with BISYS Commercial Insurance Services to achieve greater scale. In addition, JC Flowers' acquisition of BISYS' life insurance and retirement services business has the potential for creating a leading integrated provider of wholesale insurance brokerage and retirement services solutions.
IMPORTANT INFORMATION
The BISYS Group, Inc. ("BISYS") will file with the Securities and Exchange Commission (the "SEC") a current report on Form 8-K, which will include the merger agreement and related documents. The proxy statement that BISYS plans to file with the SEC and mail to stockholders will contain information about BISYS, the proposed merger and related matters. STOCKHOLDERS ARE URGED TO READ THE PROXY STATEMENT CAREFULLY WHEN IT IS AVAILABLE, AS IT WILL CONTAIN IMPORTANT INFORMATION THAT STOCKHOLDERS SHOULD CONSIDER BEFORE MAKING A DECISION ABOUT THE MERGER. In addition to receiving the proxy statement from BISYS by mail, stockholders will be able to obtain the proxy statement, as well as other filings containing information about BISYS, without charge, from the SEC's website (http://www.sec.gov) or, without charge, from BISYS at www.bisys.com. This announcement is not a solicitation of proxy.
Additional information is available at www.bisys.com.
LIG Education
Commercial Marine Seminar
May 17, 2007 - Mobile, AL
Marine Education
LIG Educational & Consulting Services, Inc. provides quality education and instruction to insurance professionals, particularly in the areas of Marine and International insurance.
Our seminars are designed for the Agent, Broker, C.S.R., Underwriter or other insurance industry professional who wishes to expand their knowledge of this field for both internal understanding and obtaining new clients.
Marine Contractors Workshop
This course provides a wealth of information on a variety of topics, including: C.G.L.; Protection and Indemnity, forms comparison, inclusion/exclusion of crew; equipment, dock, and pier coverages and limitations; CCC issues with Ship Repairers, Wharfingers, Terminal Operators, and Stevedores Legal Liability, plus a discussion of Longshore and Maritime exposures.
This class qualifies for 6 C.E. hours for AL, MS, FL, and GA agents!
Details
The investment is $125.00 per person for the entire day & includes tuition, workbook, continental breakfast, lunch and coffee breaks. We accept Visa, MasterCard, American Express and Checks made payable to LIGECS.
The class will run from 9:00 am - 4:00 pm with a catered Lunch break from 12:00 pm - 1:00 pm.
The Seminar will be located at the Renaissance Riverview Plaza in Mobile. For travel information or for hotel reservations please feel free to contact the hotel directly. Renaissance Riverview Plaza, 64 S. Water Street, Mobile, AL 36602, (251) 438-4000
For more information or to register for this or any future seminars, please log onto our web site at www.ligecs.com. LIG Educational & Consulting Services, Inc., 9600 Koger Blvd, Suite 225, St. Petersburg, FL 33702, Tel (727) 578-2800 / Fax (727) 578-9977
April 2007
AAMGA
AAMGA has designed the following classes:
MGA & Brokerage Operations School, co-sponsored with Markel Southwest Underwriters, part of the Markel Corporation, will be presented May 7th to 9th in Scottsdale, AZ at the Wingate Inn.
This is an outstanding course for new agency and company employees who would like to learn with and from the best. The School will provide a good mix of technical information, hands on activities and opportunities for discussion on an array of topics. Participants will also have an opportunity to network with peers from throughout the country.
This program is a 100 track level school designed for employees new to insurance and with less than a year in the Wholesale Insurance Industry. The objective of the School is to help participants effectively function in an MGA/Wholesale Insurance environment by building their knowledge of wholesale processes, roles and issues, how they fit in the insurance value chain, and how they can best support their own and company business objectives. It is an informative and participative experience highlighted by interaction with seasoned wholesale industry professionals and educators.
You can find the brochure and registration form, which provide full hotel information and a detailed schedule on the AAMGA website, www.aamga.org. Time and space are running out!!!! Register now for this educational program that will develop your employees and earn 12 AAMGA University credits in the process.
Truckers 202 will be presented June 24th and 25th in Jacksonville, FL.
This is an excellent course for those agency and company employees who would like to learn the latest about this ever changing and important line of coverage. The session will provide a good mix of technical product information as well as underwriting and marketing tips to maximize your efforts. Agency and insurer staff members new to the trucking market and veteran employees will all benefit by attending this course. Participants will also have an opportunity to network with peers throughout the country to discuss the current trucking insurance environment and the risk solutions only the wholesale insurance professional can provide. Please join M. Thomas Ruke, Jr. one of the AAMGA's most sought after instructors for this important course, and increase your competencies today.
You will find the brochure and registration form which, provide full hotel information by clicking on this link: www.aamga.org/eventfiles/Trucking202Brochure_040507.pdf. Reserve your space now!!!! Register now for this valuable program and earn 12 state CE credits and 12 AAMGA University credits.
The AAMGA Underwriting, Negotiations & Sales School, co-sponsored with Shand Morahan will be offered July 10th through the 13th, 2007 in Deerfield, IL.
The series of classes are designed to build on the participant's knowledge and skills in analyzing, underwriting, pricing and packaging of selected specialty risks, general business, insurance and MGA related industry topics. It will be an application focused experience, dealing with learning through case studies, interaction with seasoned industry practitioners and executives, and a guided discussion by wholesale industry educators. This is a 200 track level workshop.
The session is designed specifically for agency and company employees who would like to learn with and from the best. The School will provide a good mix of technical information, hands on activities and opportunities for discussion on a broad array of topics. Agency and insurer staff members with production experience will benefit by attending. Participants will also have the opportunity to network with peers from across the country.
The brochure including the class schedule and registration form providing hotel information can be obtained by clicking on this link: www.aamga.org/eventfiles/FinalUWBrochure040507.pdf. Reserve your space now!!!! Register now for this valuable program and earn 12 AAMGA University credits.
AAMGA's Commercial General Liability Course, co-sponsored with General Star Insurance Company. This session will be presented by Bernard Neff on July 15th and 16th in Stamford, CT.
Business owners look to the Commercial General Liability policy to provide premises, operations and products coverage. Effective marketing and underwriting requires a strong working knowledge of the coverage, conditions and exclusions contained within this form. The course provides a comprehensive explanation of liability exposures and ways to solve common and unique coverage situations.
The General Liability course will cover: Occurrence and Claims Made Forms, review insuring agreements, conditions and exclusions contained in the contract, explain the importance of properly designating "who" is an insured; review policy aggregates and the need of maintaining adequate limits of coverage; examine premises, operations and product hazards for a variety of commonly insured wholesale market businesses, demonstrate the use and misuse of certificates of insurance, underwriting, inspection and audit tips to improve profitability and will also include an update on the ISO General Liability Form.
This is an excellent course for those agency and company employees who would like to learn the latest about this important line of coverage. The course provides a good mix of technical product information as well as underwriting and marketing tips to maximize your efforts. Agency and insurer staff members, new and veteran employees will benefit by attending and networking with their peers throughout the country.
You will find the brochure and registration form, which provide hotel information by clicking on this link: www.aamga.org/eventfiles/GL_Brochure040507.pdf. Reserve your space now!!!! Register now for this valuable program and earn 12 state CE credits and 12 AAMGA University credits.
E.L.M. Insurance Brokers, Inc.
E.L.M. Insurance Brokers, Inc. announces
the completion of Phase IV of the "DataFlow Initiative"
EL SEGUNDO, CA - E.L.M. Insurance Brokers today announced the completion of the latest phase of its "DataFlow Initiative". The project, begun in October 2006, creates a clearinghouse of easily accessed information relevant to specialty lines insurance (Professional Liability, Employment Practice and Directors & Officers) applications and quotes. This latest Phase allows the specially programmed PDF applications to be fed directly into a SQL database for automatic entry into Insurance Company Data Systems.
The DataFlow Initiative takes advantage of common, off-the-shelf software combined with custom programming to decrease insurance application time while increasing customer service. The initial phase involved the conversion of over nine hundred insurance applications and supplements from over eighty different markets into electronic, fully interactive PDF documents. Subsequent phases will provide integration with E.L.M.'s website (www.e-o.com) and its proprietary Agency Management System. Current and future work will allow Insurance Companies to directly access the DataFlow systems via E.L.M.'s website or use the PDF documents to efficiently and securely obtain customer data.
The DataFlow Initiative process begins with a customer obtaining an application in PDF format from E.L.M.'s website or directly from their E.L.M. contact. Once the application is completed interactively, it is submitted to E.L.M. and can be sent to the appropriate Markets for automatic entry into their respective systems. The data is automatically processed into the DataFlow Management System as well as into E.L.M.'s proprietary Agency Management System. The system allows for rapid sorting and searching of important customer data in addition to displaying submitted PDF documents as necessary. Insurance companies will be able to interface to this data directly or have it seamlessly exported in whatever format desired. Indications and terms can be instantaneously produced in accordance with an individual Insurance Company's system procedures. The obvious coordination with the Insured, E.L.M.'s website and the DataFlow database system will round out the "DataFlow Initiative."
About E.L.M. Insurance Brokers, Inc.
More information will soon be available at www.dfis.com, and at www.e-o.com or call Mr. Fred Fisher at (310) 322-1301
Target Markets Program Administrators Association
Target Markets to provide assistance to New Orleans' Business Owners
TMPAA Charities - the charitable arm of the Target Markets Program Administrators Association - announced today that "The Idea Village" has been chosen as the entity's 2007 fund raising target. Additional information will be provided to the Association's membership during the group's upcoming Mid Year Meeting, scheduled for May 7-9, 2007 in Atlanta, Georgia.
"Our newly formed charity will give TMPAA members the opportunity to share their success with focused business related charities", states TMPAA President Greg Thompson. "The Idea Village provides direct assistance to entrepreneurs in the New Orleans area who lost their businesses in the hurricanes of 2005. The Idea Village is an ideal example of the type of altruistic organization we will be targeting in the future. I am pleased to say that several members of the Association have volunteered to serve on the TMPAA Charities Board. This group will be guiding the charitable selections and fund-raising activities for Target Markets".
"We are delighted and honored to work with TMPAA Charities", stated Tim Williamson, President and co-founder of The Idea Village. "Their selfless contributions and critical support of entrepreneurship is an important catalyst to igniting social and economic change in New Orleans. It is this creative combination of resources that will drive the recovery and revitalization of a great American city'.
TMPAA Charities provides financial and practical support to individuals and corporations involved in the insurance industry that are suffering from financial hardship. Situations that would qualify for aid include the impact of a natural disaster, change in economic conditions, accident, or illness. TMPAA Charities will also provide support for the dependent relatives of past and present insurance industry employees who are suffering from financial hardship.
TMPAA Charities is affiliated with the Target Markets Program Administrators Association (TMPAA). The Association's mission is to help Program Administrators conduct their business more efficiently, with greater proficiency and profitability. The Association's bi-annual events provide targeted educational workshops, peer networking, meeting opportunities with decision makers from 40 program markets, vendor presentations and trade shows. The Mid Year Meeting in Atlanta will provide networking opportunities for over 450 program business professionals.
Program Specialists/MGA's interested in learning more about the Association can access their web-site at www.targetmkts.com or call toll-free (877) 347-5700.
For additional information, contact Ray Scotto - Executive Director - at (877) 347 - 5700.
E-mail address: ray.scotto@targetmkts.com
Aon Association Services
National Club Association (NAC)
NCA Endorses Coverage Enhancement for Lawsuits stemming from Violations of
the Federal Immigration & Nationality Act
Washington, DC - Aon Association Services and the National Club Association (NAC) have enhanced their Directors' and Officers' (D&O) Liability Insurance Program to include coverage for civil penalties imposed for violations of the Federal Immigration & Nationality Act, including 8 U. S. C. section 132a (Unlawful Employment of Aliens)
Penalties for unlawful employment of aliens may include requiring a club to "cease and desist" from such violations. In addition, civil money penalties can be imposed, along with criminal fines and imprisonment. The NCA-endorsed D&O program enhancement provides coverage for such fines and penalties, with a $50,000 sublimit. It also includes protection against actual or alleged violations resulting from employment, hiring and/or retention of unauthorized aliens. The program protects clubs with an insurers' option to defend and criminal proceedings resulting from any actual or alleged violations of the Federal Immigration & Nationality Act or other Federal immigration law.
Through this NCA-endorsed program, clubs can also receive Employment Practices Liability Coverage, Club Membership Discrimination Coverage, Outside Directorship Liability Coverage, and more. Full policy limits are generous and can be tailored to meet the club's needs, up to $10million. In addition, this program features a Waiver of Deductible for finding of no liability (if deductible is $7,500 or less) and is back by an "A+" A.M. Best carrier rating.
While NCA membership is not required for coverage, as an added bonus, the program offers a 5% premium savings for members.
More information is available online at www.natclub-ins.com.
March 2007
LIG Marine Managers
Commercial Marine Seminar - Mobile, AL May 17th, 2007
St. Petersburg, FL, March 14, 2007 - LIG Marine Managers' sister company, LIG Educational & Consulting Services (LIGECS), is holding a Marine Contractors Workshop May 17th, 2007 in Mobile, AL.
The Marine Contractors Workshop provides a wealth of information on a variety of topics including Marine General Liability, Protection & Indemnity, Forms Comparison, inclusion and exclusion of crew, Equipment, Dock and Pier coverages and limitations, CCC issues with Ship Repairers, Wharfingers, Terminal Operators and Stevedores Legal Liability.
An overview of Longshore and Maritime exposures completes the seminar. This course is eligible for 6 hours C.E. credits in Florida, Georgia, Alabama, and Mississippi.
Additional information is available at www.LIGECS.com or call Karen Tischler (866) 578-2800 ext 321.
February 2007
E.L.M. - Executive Liability Managers Insurance Brokers
E.L.M. - Executive Liability Managers Insurance Brokers Partners with USLI to Deliver Efficient Web Quoting System to Retail Brokers through New, Enhanced E.L.M. Web site
El Segundo, Calif. - Executive Liability Managers Insurance Brokers (E.L.M.), professional liability specialists, recently unveiled its new web site. Accessible through www.e-o.com or e-insurebynet.com, users can now speed through the application and binding process for professional liability risks.
E.L.M.'s new site provides the sales tools, resources and relevant news for today's agent/broker. According to Fisher "We've totally redesigned our site to make it easier for today's busy retailers to access information about the most current and competitively priced professional liability products from the top admitted and non-admitted carriers."
The E.L.M./ USLI Web Quoting System
Effective immediately, E.L.M. also announced a partnership with United States Liability Insurance Company enabling E.L.M, to offer a full rating and quoting system for specific USLI products. These products are community association D&O, employment practices liability and non-profit D&O.
This capability is fully integrated into the new site and available to agents and brokers at no cost. Once registered, E.L.M.'s retail Broker customers will be asked to answer a few simple questions and will instantly receive a quote that can be printed, faxed or e-mailed. The E.L.M/USLI Web Quoting System addition is the latest in a series of enhancements that make up the ELM Data Flow Initiative.
The Carriers' forms frequently change and the time required to understand and explain the coverage changes could be overwhelming.
Contact information: E.L.M. Insurance Brokers P.O. 2668, El Segundo, CA 90245-1768; phone: (310) 322-1301; Fax is (310) 322-1302 or (310) 368-8440 email: mainoffice@e-o.com; web site, www.e-o.com
E.L.M. Insurance Brokers
Executive Liability Managers Insurance Brokers Unveils
New Professional Liability Coverage Web site
Now Available to General Agency Population
El Segundo, Calif - Executive Liability Managers Insurance Brokers (E.L.M.), professional liability specialists, recently unveiled its new web site. Accessible through www.e-o.com ore-insurebynet.com, users can now speed through the application and binding process for professional liability risks.
Enrollment is free. Consumers who come across the site are invited to refer their agents to contact E.L.M. direct.
The most popular section of the site is the applications section, fast becoming part of the E.L.M. Data Flow Initiative. The following applications are currently accessible online: accountants/bookkeepers/enrolled agents; architects & engineers, attorneys, benefit plan liability/fiduciary liability' commercial liability/ computer & internet consultants; crimeguard; D&O/EPLI/fiduciary; employed lawyers liability; employment practices liability; insurance agents/brokers/ investment management; miscellaneous liability (over 50 classes); mortgage brokers; non-profit D&O; privately held corporate D&O; property management; real estate brokers/agents; school leaders errors & omissions and third party administrators. Applications available upon request: intellectual property - defensive; managed care organizations' E&O and insurance agents/brokers. In addition to several package policies - E.L.M. can also customize individualized products and programs. They also represent several markets that can provide BOPs and general liability Coverage when purchased in conjunction with professional liability.
Brokers are invited to register and use the system at no cost. Due to licensing issues, however, only agents and brokers from Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Utah and Wyoming may register.
Contact information: E.L.M. Insurance Brokers P.O. 2668, El Segundo, CA 90245-1768; phone: 310. 322.1301; Fax is 310.322.1302 or 310.368.8440, email: mainoffice@e-o.com, web site www.e-o.com.
LIG Marine Managers
LIG EDUCATIONAL & CONSULTING SERVICES SCHEDULES
FOUR COMMERCIAL MARINE SEMINARS IN 2007
- Lauderdale, FL - March 6th, 2007
- London, England - May 2nd, 2007
- Mobile, AL - May 17th, 2007
- Orlando, FL - Sept 19 - 21st, 2007
St. Petersburg, FL, January 23rd, 2007 - LIG Marine Managers' sister company, LIG Educational & Consulting Services (LIGECS), is holding 4 dynamic seminars in 2007 on Commercial Marine Insurance. Topics include Navigating Marine Workers Compensation, Navigating Commercial Marine Liabilities, and a Marine Contractors Workshop.
Navigating Marine Workers Compensation and Commercial Marine Liabilities will be discussed during the March 6th seminar in Ft. Lauderdale. Topics include an expansive discussion of the Longshore and Harborworkers Act, Maritime Employers Liability, Merchant Marine Act (The Jones Act), Protection and Indemnity, and all forms of marine exposures for employees. The Commercial Marine Liabilities Seminar covers third-party liabilities, such as Commercial General Liability and major exclusions and limitations in non-marine forms. Other topics include Protection and Indemnity coverage, major exclusions and a comparison of forms in common use. Additionally, participants will review crew coverage, care, custody and control exclusions, Wharfingers, Terminal Operators, Stevedores Legal Liability, common endorsements, umbrellas and bumbershoots.
Commercial Marine Liabilities will be the topic at the London, England Seminar May 2nd, 2007 held in the Lloyd's Library at Lloyd's of London. The Marine Contractors Workshop will be held May 17th in Mobile, AL and provides a wealth of information on a variety of topics including Marine General Liability, Protection & Indemnity, Forms Comparison, inclusion and exclusion of crew, Equipment, Dock and Pier coverages and limitations, CCC issues with Ship Repairers, Wharfingers, Terminal Operators and Stevedores Legal Liability.
The 3-Day University in Orlando, Florida September 19-21st is packed with marine topics covering every major marine concern and discusses how to properly identify these various exposures, the recommend coverages for them plus how they fit into a risk management program of businesses with commercial marine and maritime exposures. Attendees may elect to achieve the Certificate of Marine Insurance by qualifying for the certificate through testing at the end of the University.
Additional information is available at www.LIGECS.com or call (866) 578-2800 ext 321.
December 2006
HAGERTY INTRODUCES ELECTRONIC POLICY DELIVERY FOR AGENTS
New Program Offers a Tool to Simplify the Insurance Process
TRAVERSE CITY, Mich. (December 2006) - In an ongoing effort to save agencies time and money, Hagerty announces the introduction of its Electronic Policy Delivery (EPD) program. EPD is state-of-the-art automation that provides immediate customer policy information to agents.
The efficient e-mail system will inform agents of the customer's name and policy number, and outline the transaction type (e.g., new business, renewal, endorsement, etc.). Additionally, all policy paperwork will be mailed directly to customers, though agents will still be able to access the documents through Hagerty's online policy management.
Agencies enrolling in the EPD program will receive e-mail notification when new business, a renewal or an endorsement is processed. The e-mail will contain a password-protected, secured link, and the application will immediately open to the current declarations page to streamline account processing.
Hagerty features a full range of easy online applications including electronic signatures and online payment for paperless applications, online policy management, direct bill renewals and customer direct mail. Interested agents may call Hagerty at 800-747-5348 or sign up online at www.hagertyagent.com.
