An independent survey conducted in June for Rough Notes, indicated that 72% of the responding agents have placed professional liability policies in the last year. This is an increase of 10% over 1997 when a similar survey was conducted. D&O placement was up 13% at 65%. Rough Notes' October 1999 Professional Liability Specialty article stated that some firming was forecast or that at least the market had "flattened out." Some of the more difficult classes have experienced a degree of firming with some upward rate activity. Capacity remains plentiful. In our survey for this month's article, comments such as "over capacity" and "excellent capacity" were common.
Robert T. Sargent, president-Tennant Risk Services of Hartford, Connecticut, (Tennant Risk is an MGA/E&S broker operating in all 50 states) replied: "Contrary to current standard lines market conditions, the professional liability market continues to be competitive. While the recent extremely soft market has disappeared, there continues to be more than adequate capacity and pricing is generally flat. One of the keys to weathering a hard market is to have broad market coverage. With creativity, adequate capacity for hard-to-place or distressed business exists."
E-commerce, intellectual property, design & build, legal and medical professional liability have been classes that have provided some of the growth mode.
For the benefit of its members, the Professional Liability Underwriters Society will focus on communication and education about professional liability products at its annual convention in November. (See the PLUS special section in this issue, beginning on page 81.) Session topics will include EPLI, intellectual property, designers professional liability gaps, and Internet and media exposures. PLUS, which was formed in 1986, now has more than 3,800 members.
The medical malpractice arena, especially the hard-to-place risks, has been an up and down market in terms of availability, pricing and acceptability. Due to the insured's occupation, previous loss experience, or other hazardous characteristics, some risks have had difficulty obtaining coverage in the past.
According to Stephen Freedman, vice president of Bernard Warschaw Insurance Sales Agency, Inc., "There has been a significant upswing in the number of new business submissions during the past twelve months. Submissions are running nearly twice what they were just one year ago." While part of that growth is attributable to their broadened distribution channel, a significant portion came from existing brokers they have been doing business with.
From Freedman's perspective, the high-risk medical malpractice marketplace is finally firming. It appears that the standard/preferred malpractice carriers are re-evaluating their place in the market and are re-underwriting their books of business. Rate increases are not only being filed but are actually being applied. The haphazard use of discounting that has been so pervasive over the past several years appears to be tapering off.
Freedman states: "Accounts are being declined and/or non-renewed by the standard/preferred carriers. Loss ratios coupled with reinsurance concerns have forced a stricter underwriting discipline.
"While new capacity has been added to the high-risk market, some carriers have pulled back. A few insurers that were previously aggressive over the past few years are now raising rates, no longer offering prior acts coverage, or have withdrawn from the market completely." Freedman said the cause is the long-tail nature of the business. It is being recognized that the premiums being charged were not enough to cover loss cost, commissions and other administrative costs.
"The high-risk market will continue to firm up as long as the standard/preferred writers maintain stricter underwriting discipline and reinsurers continue to apply pressure." says Freedman. "Overall, pricing is significantly lower than the rates of the early 1990s, and losses have continued to grow. Warschaw's book of business has shrunk somewhat, but this is due to their maintaining strict underwriting and pricing discipline. It has remained profitable and viable as a long-term carrier to that discipline."
Freedman comments that brokers are again beginning to acknowledge the value of a stable and financially strong carrier. Some have even experienced the difficulties of a carrier pulling out of the market, or worse, becoming insolvent. They are also recognizing that price is not the only criterion in choosing coverage. Brokers are beginning to ask questions such as, "Are loss adjustment expenses outside the limit?" or, "What is the extended reporting provision?" They also are looking for carriers that have been in the market for many years and have the experience and expertise necessary to successfully handle this long-tail niche.
Bernard Warschaw Insurance Sales Agency is an MGA/agency located in Los Angeles, California, and operating in all states except New York, New Jersey and Rhode Island.
The following entities responded to our survey and indicated that they are a market for all or a specific line of professional liability. Their "target markets" listed below will indicate what their specific "appetite" is for this niche.
Acupuncture Insurance Services, Inc.
188 Industrial Dr., Ste. 424
Elmhurst, IL 60126
Contact: Morton Shaw or Ron Micholski
Phone: (800) 860-8330
E-mail: acuins@aol.com
Web site: www.acupuncture-ins.com
An MGA/MGU operating in all states and DC offering limits of $100,000 to $5 million. Target market is acupuncture schools and detox centers. Property floaters and premises liability are available. American Continental is the A rated carrier.
Administrators for the Professions of Delaware
One Hollow Lane, Ste. 204
Lake Success, NY 11746
Contact: Tim Daugherty, Liz Slane, or George Evans
Phone: (800) 870-7750
Fax: (516) 365-6813
A program manager accepting new business in AZ, CA, CT, GA, HI, KS, MD, MN, MO, NJ, NY, NC, OH, PA and WI. Limits of liability range from $100,000/$300,000 to $3 million/$3 million. The target market is general practicing dentists, no oral surgeons. The A rated carrier is Gulf Insurance.
American Security Underwriters Agency
111 John St.
New York, NY, 10038
Contact: Abe Snyder
Phone: (212) 285-5522
An E&S broker operating in all states offering limits of up to $10 million. Most classes are considered. Various carriers are utilized to place coverage.
Arlington/Roe & Company
8465 Keystone Crossing
Indianapolis, IN 46240
Contact: Ronni Swift, Diana Fenter, or Anita Jones
Phone: (800) 878-9891
Fax: (317) 259-4106
E-mail: info@arlingtonroe.com
Web site: www.arlingtonroe.com
An MGA/E&S broker operating primarily in IL, IN, KY and OH offering limits from $100,000 to $10 million. All classes are considered. EPLI is also available. Carriers include Gainsco, Evanston, Northland, Tudor, and RSA.
Atlantic Specialty Lines, Inc.
9201 Forest Hills Ave., Ste. 202
Richmond, VA 23235
Contact: Greg Provenzo, Harper West or Seth Johnson
Phone: (800) 368-2095
Fax: (804) 320-7280
Web site: www.atlanticspecial.com
An MGA/E&S broker operating in CT, DC, MD, NC, NY, PA and VA offering limits of up to $5 million. Target markets include medical malpractice, EPLI, tenant discrimination, miscellaneous professional liability, computer consultants, medical clinics, social services and D&O. Carriers include Evanston, Westport, Colony, Essex, Mt. Vernon, USLI, Royal Surplus Lines, and Gulf Insurance.
Baldwin Sadler Corp.
654 Enterprise Dr.
Royersford, PA 19468
Contact: Judith Goebner
Phone: (610) 792-9100
Fax: (610) 792-9200
E-mail: JMG@baldwinsadler.com
An underwriting manager operating in all states except AK and HI offering limits of up to $1 million/$2 million. Target market is miscellaneous professional liability. Classes not written include medical malpractice, architects, engineers, lawyers, and accountants. Carriers include ACE, USLI, and Lloyd's.
BAT Insurance Corp.
465 S. Beverly Dr.
Beverly Hills, CA 90212
Contact: Tony Trocino, CPCU
Phone: (310) 282-0757
Fax: (310) 282-0753
An E&S broker operating in CA offering limits of up to $10 million. All risks are considered. Packages and product liability are available. A rated carriers include AIG and Lloyd's.
Bernard Warschaw Insurance Sales
11150 Olympic Blvd., Ste. 1150
Los Angeles, CA 90064
Contact: Steve Freedman
Phone: (800) 537-7362
E-mail: info@warschaw.com
Web site: www.warschaw.com
An MGA/agency operating in all states except NJ, NY, and RI offering primary limits of up to $1 million/$3 million with $1 million/$1 million excess. The target market is high-risk medical and dental malpractice. The A rated carriers are PULIC and TDC.
Black/White Concord Insurance Brokerage, Inc.
135 Kinnelon Rd., Ste. 102
Kinnelon, NJ 07405
Contact: Michele Raoul or Frank Seigel
Phone: (973) 492-6500
Fax: (973) 492-0222
E-mail: micheler@bwins.com
Web site: www.concordins.com
An MGA/E&S broker operating in all states offering limits of up to $10 million. Target markets include consultants, insurance agents, architects & engineers, lawyers, accountants, EDP professionals, media professionals, Web site design & hosting. EPLI, D&O, and excess professional are available. Various A rated or better carriers are utilized to place coverage.
Bohrer, Croxdale & McAdoo, Inc.
P.O. Box 2760
Springfield, MO 65801
Contact: Vicki Cota
Phone: (800) 779-2550
Fax: (888) 869-2550
E-mail: vcota@bcmins.com
An E&S broker operating in AR, IL, KS, MO and OK offering limits of up to $25 million with excess available. Target market is physicians. Combination GL and professional liability is available on certain classes. Various A rated carriers are utilized to place coverage.
R.J. Bostick & Associates, Inc.
38029 Third St.
Willoughby, OH 44094
Contact: Jana L. Miozzi or Robert J. Bostick
Phone: (800) 969-2463
Fax: (440) 942-3363
An E&S broker operating in all states. A rated carriers are utilized to place coverage.
Bristol Management Group, Ltd.
366 Veterans Memorial Hwy.
Commack, NY 11725
Contact: Martin Cholena, Arthur Torrington, or Lynn Staffieri
Phone: (631) 543-5010
Fax (631) 543-5138
An MGA operating in all states offering limits of $100,000/$300,000. Most classes are considered except physicians and surgeons, dentists, lawyers and accountants. GL and property are available. A rated or better carriers include Lloyd's, Commercial Underwriters Insurance, Newmarket Insurance, and Agriculture Excess and Surplus Insurance.
Brown & Riding Insurance Services
777 S. Figueroa St., Ste. 2550
Los Angeles, CA 90017
Contact: Darla Morris or Chris Brown
Phone: (213) 452-7060
Fax: (213) 452-7080
E-mail: info@brownandriding.com
Web site: www.brownandriding.com
An E&S broker operating in all states offering limits up to $100 million. Target markets include employee leasing, management consultants, software developers, computer consultants, Web page designers, and graphic designers. Various A rated surplus lines carriers.
Russell Bond & Company, Inc.
295 Main St., Ste. 866
Buffalo, NY 14203
Contact: Tony Ambrose, ASLI, Ext. 143; Betsy Macliaroiti, Ext. 130 or Tonya Hollederer, Ext. 133
Phone: (800) 333-7226
Fax: (716) 856-0403
E-mail: info@russellbond.com
An MGA/wholesaler operating in MA, NJ, NY and PA offering liability limits of up to $20 million. Target markets are environmental and financial institutions. Carriers include Executive Risk, USLI, AIG, Evanston, Lloyd's, Colony, ACE USA, First State, CNA, Zurich, and F&D.
Burns & Wilcox, Ltd.
30833 Northwestern Hwy., Ste. 220
Farmington Hills, MI 48334
Contact: Home office for local branch
Phone: (800) 521-1918
Fax: (248) 932-9046
E-mail: email@burnsandwilcox.com
An MGA/E&S broker operating in all states except AK, HI, ME, NJ, NY and WA offering liability limits of up to $5 million. All classes are considered. Packages, GL, and EPLI are also written. Various carriers are utilized to place coverage.
Central Insurex Agency, Inc.
800 S. Washington St.
Van Wert, OH 45891
Contact: Kurt Muntzinger, CIC, CPCU
Phone: (800) 736-7131
Fax: (800) 736-7026
E-mail: kurtm@central-insurance.com
A general agent and E&S broker operating in IL, IN and OH offering liability limits of up to $2 million. Target markets include collection agencies, computer programmers, EDP operations, mortgage brokers, service and technical operations, and miscellaneous D&O. GL and EPLI are also written. Various A rated carriers are utilized to place coverage.
Corporate Advisors, Inc.
P.O. Box 429
McHenry, IL 60051
Contact: Ken Hill
Phone: (815) 363-6930
Fax: (815) 363-6931
Web site: www.corpadv.realuse.com
A wholesale/retail brokerage operating in all states offering liability limits of up to $10 million with excess available. Target markets include events and golf courses. TIG, Coregis and Lloyd's are among the A rated carriers utilized to place coverage.
CoverX Corporation
P.O. Box 5096
Southfield, MI 48086
Contact: Joseph Sommer, Ext. 421
Phone: (800) 762-6837
A program administrator operating in all states except NH. Target markets include law enforcement, diagnostic and x-ray labs, public officials and entities. A rated carriers are utilized to place coverage.
Crump Insurance Services, Inc.
7557 Rambler Rd., Ste. 350
Dallas, TX 75231
Contact: Jean Keur, Greg Baker, or Anita Cearley
Phone: (800) 522-7867
Fax: (214) 265-2692
An MGA/E&S broker operating in all states offering liability limits up to $10 million. All classes are considered including medical, lawyers, IT, media, and architects and engineers. Some carriers offer combination GL and professional liability policies. A rated or better carriers include Evanston, Pacific Indemnity, Royal Surplus Lines, Admiral Insurance, Steadfast, and Lloyd's.
Crump/Nashville
565 Marriott Dr.
Nashville, TN 37214
Contact: Janet Carmichael
Phone: (800) 488-8852
An MGA operating in all states offering liability limits up to $25 million. Target markets are start-up mortgage brokers and banks with limited experience. Fidelity bonds are also written. The A rated carrier is Chubb Executive Risk. Applications are available on the Chubb Executive Risk Web site.
Doran Excess Underwriters, Inc.
P.O. Box 1417
Mechanicsburg, PA 17055
Contact: Ronald Hihn
Phone: (800) 553-6739
Fax: (717) 697-7506
E-mail: doranco@aol.com
An MGA/underwriting manager operating in all states offering excess liability limits of $25 million and upwards. Target markets include nursing homes, hospitals, most medical and non-medical risks, insurance agents and brokers, and most commercial classes. A rated carriers are utilized to place coverage.
Educational Institutions PG
41 N. Main St.
West Hartford, CT 06107
Contact: Meg Magida
Phone: (800) 356-0168
Web site: www.educinstpg.com
A purchasing group operating in all states offering liability limits of up to $50 million. The target market is private schools. Umbrella including professional liability is also written. A rated carriers are General Star and ACE USA.
Excel Insurance Services
P.O. Box 7386
West Trenton, NJ 08628
Contact: Michael A. McGee, Vice President, Mkt.
Phone: (877) 530-0111
Fax: (609) 538-0661
Web site: www.excelins.com
An MGA/E&S broker operating in FL, NJ and PA offering maximum limit available. GL and property are also written. Various A rated carriers are utilized to place coverage.
Freberg Environmental Insurance
1675 Broadway, Ste. 2210
Denver, CO 80202
Contact: Danelle Nielsen, Cindy Worthington, or Allison McGreal
Phone: (800) 377-4152
Fax: (303) 623-8101
E-mail: info@feiinsurance.com
Web site: www.feiinsurance.com
An MGA operating in all states offering liability limits of up to $10 million. Target market is environmental engineers and consultants. GL and contractors pollution is also written. Gulf Insurance is the A rated carrier.
Frontier Insurance Company
195 Lake Louise Marie Rd.
Rock Hill, NY 12775
Contact: Timothy Hoover, Professional Liability Division
Phone: (800) 836-2100
Web site: www.ftr.com
An insurer operating in all states for dentists and psychiatrists. Physicians professional written in NY only. Liability limits up to $5 million are available. Target market is physicians and dentists. Frontier is C++ rated.
The Gorst Company
805 Fairmont Ave.
Glendale, CA 91203
Contact: David Rabinowitz or Jennifer Clark
Phone: (818) 507-0900
An E&S broker operating in CA offering liability limits of up to $1 million. Target markets include home health care, condo and homeowners associations, halfway houses, EMT, paramedics, and clergy. EPLI, D&O, GL, and extended reporting period are available. Admitted and nonadmitted carriers are utilized to place coverage.
Great American Insurance Company
300 S. Wacker Dr., Ste. 1200
Chicago, IL 60606
Contact: Mike Liguzinski
Phone: (800) 542-4245
Fax: (800) 665-7801
E-mail: mliguzinski@gaic.com
Web site: www.hsd.gaic.com
An insurer operating all states except FL, HI, LA, OK and TX, offering liability limits of $1 million/$3 million with umbrella limits up to $25 million. Target markets include social service agencies, nonprofit organizations, nursing homes, hospitals, and primary medical malpractice including psychiatrists. Great American is an A rated carrier.
Gulf Insurance Group
One Tower Sq., 2PB
Hartford, CT 06183
Contact: Kevin Sullivan
Phone: (860) 954-4210
E-mail: ksullivan@gulfins.com
Contact: Bill Halpin
Phone: (860) 277-8645
E-mail: whalpin@gulfins.com
Contact: Greg Leffard
Phone: (860) 277-7622
E-mail: gleffard@gulfins.com
Web site: www.gulfinsurance.com
An insurer operating in all states offering liability limits of up to $10 million on lawyers and accountant's professional and up to $5 million on real estate E&O. Lawyers professional is not available in CA, MT and OR. Private practice legal firms up to 75 attorneys; small to medium accounting firms, 1 to 50 professionals; and small to medium real estate brokerages, property management and appraisal firms are the target markets.
For health care professional liability:
Contact: Scottie Vollmer
Phone: (202) 686-5774
E-mail: fvollmer@travelers.com
Available in all states with liability limits of up to $20 million being offered. Target markets include hospitals; LTC with four or more locations outside TX; clinics; MRI labs; physical, rehab, and surgical centers. Managed care is not written. Gulf Insurance Group is an A rated carrier.
Heath Insurance Brokers, Inc.
3100 Monticello, Ste. 900
Dallas, TX 75205
Contact: Wendy Johnston, Keri Pitts, or Cindy Stowe
Phone: (800) 528-5544
Fax: (214) 528-3999
E-mail: tteitell@hibi.com
An MGA/E&S broker operating in all states offering liability limits of up $100 million. Target markets include lawyers, nursing homes, and insurance companies. D&O, E&O, and EPLI are also written. Various A rated carriers are utilized to place coverage.
Insight Insurance Services, Inc.
4225 Naperville Rd., Ste. 265
Lisle, IL 60532
Contact: Jim Romano, Sue Harker, or Michelle Duffett
Phone: (800) 447-4626
Fax: (630) 505-1221
E-mail: jromano@insightinsurance.com, sharker@insightinsurance.com, and mduffett@insightinsurance.com
Web site: www.insightinsurance.com
An MGU/program administrator operating in all states except AK, HI, and LA offering liability limits of up to $5 million. Target markets include architects & engineers, accountants, and insurance agents. EPLI is written as an add-on to the professional liability. Safeco is the A rated carrier.
Insurance Innovators
P.O. Drawer 969
Glenside, PA 19038
Contact: Fran Reh or Cheryl Tamasitis
Phone: (800) 523-6422
Fax: (215) 886-2482
E-mail: info@iiigroup.com
An MGA/E&S wholesaler operating in CT, DE, MA, MD, ME, NH, NJ, NY, RI and VT offering various liability limits. EPLI is also written. Various carriers are utilized to place coverage.
ISG International
204 Cedar St.
Cambridge, MD 21613
Contact: Scott Schleicher
Phone: (800) 336-5659
E-mail: info@ccbsure.com
Web site: www.ccbsure.com
An MGA operating in all states offering liability limits from $1 million to $15 million. The target market is the information technology industry. D&O, EPLI, third-party fidelity is also written. The A rated carriers include Chubb, AIG, and Swiss RE.
Jimcor Agencies
15 Ver Valen St.
Closter, NJ 07624
Contact: Coryn Mastowski, Ext. 125
Phone: (800) 334-0474
E-mail: cmastowski@jimcor.com
An MGA/E&S broker operating in most states but primarily in NJ, NY and PA. Most liability limits can be accommodated. All professional liability is considered. A rated or better carriers include Admiral, Royal Surplus Lines, Evanston, Legion, Lloyd's, Gulf Insurance Group, USLI, and TIG.
H.R. Keller & Company, Inc.
1520 Sheridan Dr.
Buffalo, NY 14217
Contact: Rob Martin, John Barton, or Fred Stievater
Phone: (800) 424-2202
Fax: (716) 874-4920
E-mail: RLmartin@Kellerandco.com
Web site: www.Kellerandco.com
A general agent and wholesaler operating in NY. Limits vary by carrier. All classes are considered. D&O, E&O, and EPLI are also written. Various carriers are utilized to place coverage.
M.J. Kelly Company, Inc.
4415 E. Sunshine
Springfield, MO 65809
Contact: Sandy Shue
Phone: (800) 725-7211
Fax: (417) 883-7103
Web site: www.mjkelly.com
An E&S broker operating in AR, FL, IL, KS, MO, MS, NE, OK, TN and UT offering liability limits of up to $5 million. Target markets include computer consultants, real estate E&O, architects & engineers, medical professionals and miscellaneous professional liability. D&O, and EPLI are also written. Various A rated carriers are utilized to place coverage.
Theodore Liftman Insurance, Inc.
101 Federal St.
Boston, MA 02110
Contact: Mark Liftman, President or Andrew Fotopulos, Exec. Vice President
Phone: (617) 439-9595
Fax: (617) 439-3099
An agency operating in all states offering liability limits of up to $25 million. Target markets are investment and mutual fund advisors E&O. A rated or better carriers are utilized to place coverage.
Logic Underwriters, Inc.
P.O. Box 600249
Dallas, TX 75360
Contact: Hal Hopkins, Paul T. McDonald or Matt W. Hopkins
Phone: (888) 31-LOGIC
Fax: (214) 739-0072
E-mail: paulmcd@logicinsurance.com
Web site: www.logicinsurance.com
An MGA/E&S broker operating in CA, FL and TX offering liability limits of up to $10 million. Target markets include insurance agents, MGAs, mortgage brokers, real estate agents, computer related classes, miscellaneous professional liability and temporary employment agencies. Various A rated or better carriers are utilized to place coverage.
Market Finders Insurance, Inc.
P.O. Box 6549
Louisville, KY 40206
Contact: Karen Cornett, Charlene Curry, or Greg Seibel
Phone: (800) 626-5660
Fax: (502) 426-7970
E-mail: kcornett@mfic.com
Web site: www.mfic.com
An E&S broker operating in IN, KY, TN and WV offering liability limits of up to $5 million. Target markets include consultants, architects & engineers, insurance agents, home inspectors, and adjusters. A rated or better carriers include USLI, United National, Evanston and Tudor.
G.A. Mavon & Company
10 W. Chicago Ave.
Hinsdale, IL 60521
Contact: Jim Skelton, Jr.
Phone: (877) GA-MAVON
E-mail: jims@gamavon.com
An MGA/E&S broker operating in IL and IN offering liability limits from $100,000 to $5 million. Target markets include insurance agents, real estate agents, computer consultants, title agents, lawyers, accountants, architects & engineers, home inspectors, appraisers, consultants, chiropractors, property managers, media liability, and investment advisors. A rated carriers or better include Evanston, USLI, Gulf Insurance Group, Chubb Executive Risk, Safeco, and Lloyd's.
McSweeny Agency
505 High St.
Burlington, NJ 08016
Contact: Richard McSweeny
Phone: (609) 387-0101
Fax: (609) 387-7171
An MGA/E&S broker operating in NJ and PA offering liability limits of up to $10 million. E&O, D&O, EPLI and GL are also written. All carriers A rated or better.
Media/Professional Insurance
2300 Main St., Ste. 800
Kansas City, MO 64108
Contact: Marcia Jenson
Phone: (816) 471-6118
Fax: (816) 471-6119
E-mail: marketing@mediaprof.com
Web site: www.mediaprof.com
An MGA operating in all states, DC and Puerto Rico offering liability limits of up to $15 million. Target markets include computer/IT, testing labs, mortgage brokers, executive search firms, temporary employment agencies, graphic design, and consultants except environmental or financial. Gulf Insurance Group is the A rated carrier.
Monitor Liability Managers, Inc.
2850 W. Golf Rd., Ste. 800
Rolling Meadows, IL 60008
Contact: Joe Haltman, D&O, Randy Mrozowicz, Lawyers Professional, and Tom Mathias, Management Liability
Phone: (800) 446-2100
Fax: (847) 806-6282
Web site: www.monitorliability.com
An underwriting manager operating in all states offering liability limits of up to $10 million. Most classes of business are considered. Admiral Insurance and Carolina Casualty are the A rated or better carriers.
National Environmental Coverage Corporation
747 Chestnut Ridge Rd., #305
Chestnut Ridge, NY 10977
Contact: Chris Holmes
Phone: (800) 552-0230
Fax: (845) 425-2333
Web site: www.necc.com
An E&S broker/program administrator operating in all states offering liability limits of $5 million and upwards. Target markets are environmental contractors, consultants, and labs. Various A rated carriers are utilized to place coverage.
North Island Facilities, Ltd./NIF Pro
30 Park Ave.
Manhasset, NY 11030
Contact: David Vicari, Sr., Vice President
Phone: (516) 365-7440
Fax: (516) 365-9566
E-mail: dvicari@nifgroup.com
Web site: www.nifgroup.com
An MGA/E&S broker operating in DC, DE, MD, NJ, PA and VA offering liability limits as needed. Most non-medical classes are considered. Various A rated or better carriers are utilized to place coverage.
Pennock Insurance, Inc.
P.O. Box 2000
Chadds Ford, PA 19317
Contact: Cindi King
Phone: (800) 662-5182
Fax: (610) 358-3449
E:mail: Mail@pennock-ins.net
An MGA/E&S broker operating in DC, DE, MD, NJ, PA and VA offering liability limits as needed. Target market is for most non-medical classes. D&O and EPLI are also written. A rated or better carriers are utilized to place coverage.
Petroleum Marketers PG, Inc.
41 N. Main St.
West Hartford, CT 06107
Contact: Meg Magida
Phone (800) 356-0168
Web site: www.petroleumpg.com
A purchasing group operating in all states offering liability limits of up to $25 million. Target markets are fuel oil dealers, gasoline stations, and car washes. Umbrellas, including erroneous delivery, are also written. The A rated carrier is Great American Insurance.
The Plus Companies
P.O. Box 6920
Bridgewater, NJ 08807
Contact: Frank Figaro
Phone: (732) 634-0300
An MGA operating in all states except AL, HI and OR offering liability limits of up to $20 million. Target market is lawyers professional liability. The A rated carrier is Lumberman's Mutual.
IEBS/Prime
311 S. Wacker Dr. #3360
Chicago, IL 60606
Contact: Rick J. Lindsey
Phone: (800) 257-5590
Fax: (801) 304-5525
Web site: www.primeis.com
An insurer operating in all states offering limits of $1 million and upwards. All classes of professional liability including nursing homes and medical risks are considered. Prime is a B+ rated carrier and Lloyd's is A rated.
Princeton Risk Managers, Inc.
201 Wall St., Research Park
Princeton, NJ 08540
Contact: Jim Griffith, Audrey Tate, or Gabrielle Griffith
Phone: (609) 924-9222
E-mail: jgriffith@princetonrisk.com
An E&S broker operating in CT, NJ, NY and PA offering liability limits from $1 million to $5 million. All classes are considered including doctors, lawyers, and engineers. EPLI with third-party coverage is also written. A rated or better carriers include Admiral, Royal Surplus Lines, Evanston, and Markel among others.
Professional Design Insurance Management Corporation
P.O. Box 1298
Noblesville, IN 46061
Contact: Terry Lee or Tom McComb
Phone: (317) 776-1290
Fax: (317) 776-1260
E-mail: info@pdiins.com
Web site: www.pdiins.com
An MGA/E&S broker operating in all states offering limits of up $15 million. The target market includes architects & engineers, construction management, design/build, and environmental risks. A rated or better carriers include Union America, Lloyd's, Zurich, Westport, Hartford, and CNA.
Professional Government Underwriters, Inc.
P.O. Box 35471
Richmond, VA 23235
Contact: Martin Kanipe, CPCU
Phone: (800) 586-6502
Fax: (804) 272-7852
E-mail: mkanipe@pgui.com
Web site: www.pgui.com
A managing underwriter operating in all states offering liability limits of up $10 million. Target markets include public and educational entities and nonprofits. Public entities package and umbrellas are also written. The A rated or better carriers are Hanover and United National Group.
Professional Insurance Underwriters
1600 W. Commercial Blvd.
Ft. Lauderdale, FL 33309
Contact: Linda M. DiNapoli, Vice president, Mkt. or Jose Miranda, Underwriting
Phone: (800) 275-2800
Fax: (954) 492-9442
E-mail: linda-dinapoli@piucorp.com
jose-miranda@piucorp.com
Web site: www.piucorp.com
An MGA operating in the southeastern United States offering liability limits of up to $1 million. Target market is miscellaneous E&O, no high risk. GL, property, and umbrellas are also written. The A rated carrier is Preferred National Insurance Company.
Professional Underwriters Agency, Inc.
Two TransAm Plaza Dr., Ste. 330
Oak Brook Terrace, IL 60181
Contact: Ram Chandarana, Sandip Chandarana, or Jonathan Freeburg, JD
Phone: (630) 916-0500
E-mail: ram@puainc.com, sandip@puainc.com, jonathan@puainc.com
Web site: www.puainc.com
An MGU operating in all states offering liability limits of up to $10 million. Target market is medical malpractice. Architects & engineers, computer & technology services, lawyers, accountants, insurance agents, home inspectors, mortgage brokers, EPLI, D&O, and excess are also written. The A rated or better carriers are American Equity and Lloyd's.
Professional Underwriters Liability Insurance Company
11150 Olympic Blvd., Ste. 1150
Los Angeles, CA 90064
Contact: Stephen Freedman
Phone: (800) 537-7362
E-mail: info@pulic.com
Web site: www.pulic.com
An insurer operating in all states except NJ, NY and RI offering liability limits of $1 million/$3 million and below with $1 million/$1million on excess. Target market is medical and dental professional liability. Professional Underwriters Liability Insurance Company and The Doctor's Company are A rated carriers.
Roofing Contractors PG
41 N. Main St.
West Hartford, CT 06107
Contact: Meg Magida
Phone: (800) 356-0168
Web site: www.roofingpg.com
A purchasing group operating in all states except CA, NH, NJ and NV offering liability limits of up to $10 million. Umbrella, with professional liability, is also written. The A rated carrier is Northland Insurance Company.
Roush Insurance Services, Inc.
P.O. Box 1060
Noblesville, IN 46061
Contact: Gail C. Pierce
Phone: (800) 752-8402
Fax: (317) 776-6891
Web site: www.roushins.com
An MGA operating in IL and IN offering liability limits of up to $1 million with umbrella available. Target markets include counselors, day care centers, and health clubs. E&O is written for consultants, computer programmers, appraisers, travel agents, title agents, and abstractors. A rated or better carriers include Scottsdale, Tudor, American Equity and Gulf Insurance Group.
Victor O. Schinnerer & Company, Inc.
2 Wisconsin Circle
Chevy Chase, MD 20815
Contact: Kristen Barry, Architects & Engineers
Catherine Williams, Real Estate
Mary Jefferson, Technology, Security, Public Entities, and Education
Phone: (301) 961-9800
Fax: (301) 951-5444
E-mail: info@schinnerer.com
Web site: www.schinnerer.com
An MGA operating in all states, DC and Virgin Islands offering liability limits of up $30 million. Property, GL, EPLI, and umbrella are also written. The A rated or better carriers include CNA, Indiana Harbor, Zurich and Royal and SunAlliance.
Bruce V. Schneider Associates, Inc.
45 Middle Country Rd.
Middle Island, NY 11953
Contact: Scot Schneider
Phone: (800) 224-1707
E-mail: bvsa@banet.net
Web site: www.bvsainsurance.com
An MGA operating in all states except AK and HI offering liability limits of up to $10 million. The target market is marine surveyors. Primary E&O is also written. The A rated carrier is Lloyd's.
Robert A. Schneider Agency
5620 Smetana Dr., Ste. 350
Minnetonka, MN 55343
Contact: Janet Cage, Steve Libor, or Randy Velin
Phone: (952) 938-0655
Fax: (952) 938-0701
E-mail: rs@rasinc.com
An MGA operating in IA, MN, ND, SD and WI offering liability limits of up to $10 million. Target markets are D&O for profit and nonprofit and E&O for all classes. EPLI, GL, property, and umbrella are also written. The A rated or better carriers include USLI, Evanston, American Equity, and Chubb Executive Risk.
Skelton & Carnegie
P.O. Box 440
Schererville, IN 46375
Contact: James M. Skelton
Phone: (219) 864-8910
Fax: (219) 864-8940
E-mail: skelton@jorsm.com
An MGA/E&S broker operating in IA, IL, IN, KY, MO, TN and WI offering liability limits of up to $10 million. GL, property, and umbrella are also written.
Smith, Bell & Thompson, Inc.
P.O. Box 730
Burlington, VT 05402
Contact: William D. Thompson, Sr. Vice President
Phone: (800) 735-1800
Fax: (802) 862-2180
A program administrator operating in all states offering various liability limits depending on the risk. Target markets include staffing services, home care providers, medical equipment suppliers and social services. No nursing homes, assisted living, or residential care risks are underwritten. AIG and CNA are the A rated or better carriers.
S.H. Smith & Company
41 N. Main St.
West Hartford, CT 06107
Contact: Mark Mullarkey, Financial Classes, Mike Perugini, Alarm Dealers
Phone: (800) 356-0168
Web site: www.shsmith.com
An MGA/E&S broker operating in all states. Limits of liability offered include $25 million on financial classes and $10 million on alarm dealers and monitoring firms. EPLI and GL are also written. A rated or better carriers write financial classes, including consultants and real estate agents. These are Chubb Executive Risk, Northland, Admiral, Royal and SunAlliance, Evanston, and Lloyd's. ACE/USA is the carrier for Alarm Dealers.
Swett & Crawford Group
21650 Oxnard St., Ste. 1600
Woodland Hills, CA 91367
Contact: David R. Hartoch, Chairman, CEO
E-mail: david_hartoch@swett.com
Tom Comer, President, COO
E-mail: tom_comer@swett.com
Phone: (818) 348-7026
Fax: (818) 227-3400
E-mail: info@swett.com
Web site: www.swett.com
An E&S broker operating in all states and U.S. territories offering liability limits of up to $50 million depending on the risk. All classes are considered. EPLI, D&O, property, and GL are also written. Various A rated or better carriers are utilized to place coverage.
Tennant Risk Services, Inc.
City Place II, 185 Asylum St.
Hartford, CT 06103
Contact: Jim Fitzsimmons
Phone: (860) 527-9717
Fax: (860) 527-2438
E-mail: info@tennant.com
Web site: www.tennant.com
An MGA/E&S broker operating in all states offering liability limits from $250,000 to $10 million. All classes are considered. D&O and EPLI are also written. A rated or better carriers are utilized to place coverage.
Transportation Insurance Specialists
158 N. Harbor City Blvd.
Melborne, FL 32935
Contact: David R. Tooley, President
Judy Parrett, VP, Underwriting
Phone: (800) 444-8474
Fax: (321) 757-6147
E-mail: savage@tis-ins.com
Web site: www.tis-ins.com
An MGA operating in all states offering liability limits from $1 million to $10 million. Target market is agents E&O. EPLI and employee liability are also written. Chubb Executive Risk is the A+ rated carrier.
U.S. Risk Group, Inc.
10210 N. Central Expwy., Ste. 500
Dallas, TX 75231
Contact: Monte R. Stringer
Phone: (800) 232-5830
An MGA/E&S broker operating in all states offering liability limits of up to $10 million. All classes are considered. Various carriers are utilized to place coverage.
Walterry Insurance Brokers
P.O. Box 128
Clinton, MD 20735
Contact: Walter Coady or Karen Johnston
Phone: (800) 638-8791
Fax: (301) 868-2611
E-mail: insurance@walterry.com
Web site: www.walterry.com
An MGA operating in all states offering liability limits from $500,000 to $15 million. Target market is large city daily newspapers. Professional liability is also written on nonprofit associations, film/TV producers, and radio/TV broadcasters. A rated or better carriers include Westport, Chubb Executive Risk, Gulf Insurance Group, Travelers, and Hartford Insurance Group.
Zurich Environmental
One Liberty Plaza
New York, NY 10006
Contact: Julie Cully, AVP, Business Development
Phone: (312) 496-2400
Web site: www.zurichus.com
An insurer operating worldwide offering liability limits up to $50 million. Environmental impairment, environmental cleanup, contractors pollution, and professional consultants are written. Zurich Environmental is an A+ rated carrier.
