Lower rates for private school student accident coverage
FORT WAYNE (March 18, 2015) - K&K Insurance Group, Inc., a subsidiary of Aon plc (NYSE:AON), today announced lower rates for student accident coverage designed for private non-boarding K-12 schools.
K&K's private school student accident program provides coverage for all students participating in activities under the supervision of the school including travel. The program offers optional coverage for overnight field trips and interscholastic sports for grades 7-12 (including football). The program is not offered to public or boarding schools.
Rates are based on the total number of students and the grades of students enrolled at the school. Coverage is excess of existing health care insurance; the maximum coverage limit per injury per individual student is $25,000. The program is available in all states except New York. Coverage is offered on an admitted basis and provided through an insurance carrier rated "A+" (Superior) by A.M. Best Company.
No prior appointment or agreement is necessary to submit applications for a coverage quotation. For more information, contact Cheryl Norris at 800.441.3994 ext. 5885 or by email at cheryl.norris@kandkinsurance.com.
All descriptions, summaries or highlights of coverage are for general informational purposes only and do not amend, alter or modify the actual terms or conditions of any insurance policy. Coverage is governed only by the terms and conditions of the relevant policy.
About K&K Insurance Group, Inc.
K&K Insurance Group, Inc., a subsidiary of Aon plc, is a managing general underwriter offering insurance products and services to the sports, motorsports, recreation, leisure and entertainment industries.
About Aon
Aon plc (NYSE:AON) is the leading global provider of risk management, insurance and reinsurance brokerage, and human resources solutions and outsourcing services. Through its more than 66,000 colleagues worldwide, Aon unites to empower results for clients in over 120 countries via innovative and effective risk and people solutions and through industry-leading global resources and technical expertise. Aon has been named repeatedly as the world's best broker, best insurance intermediary, best reinsurance intermediary, best captives manager, and best employee benefits consulting firm by multiple industry sources. Visit aon.com for more information on Aon and aon.com/manchesterunited to learn about Aon's global partnership with Manchester United.
PartnerOne Environmental Launches New Product for Facilities
PartnerOne Environmental is working in partnership with Berkley Environmental, a Division of Berkley Specialty Underwriting Managers, to offer PartnerOne Facilities Casualty & Pollution. This product provides General Liability and Site Specific Pollution Liability, as well as Contractors Pollution Liability and Products Pollution Liability for facilities. Premiums start at $10,000.
Target risks for PartnerOne Facilities Casualty & Pollution include: environmental products manufacturing, transfer stations, wastewater treatment plants, landfills, recycling operations, and cold storage warehousing.
PartnerOne Environmental is pleased to add PartnerOne Facilities Casualty & Pollution to its suite of successful products, which includes: PartnerOne Package, PartnerOne Contractors Pollution, PartnerOne Premises Pollution, PartnerOne Self Storage Plus, and PartnerOne Energy Select.
"A policy tailored to meet the unique exposures of operational and manufacturing facilities is the perfect complement to our existing platform," says Amanda Duncan, President of PartnerOne Environmental. "We are excited to partner with one of the strongest environmental carriers in the industry to provide this comprehensive policy and assist our agents and brokers in securing quality coverage for their clients."
PartnerOne Environmental® is a fully integrated source for environmental insurance products. It provides coverage for a variety of small- to middle-market contractors, consultants, and property owners and managers. All products are quoted, bound, and issued in-house, enabling PartnerOne Environmental to provide fast turnaround times and excellent service. PartnerOne Environmental coverages are offered by carriers rated "A+". www.p1enviro.com
Berkley Specialty Underwriting Managers is an underwriting management company providing excess and surplus lines general liability coverage to the wholesale market and a complete portfolio of commercial property casualty insurance products to the entertainment, sports, and environmental industries. Its environmental division offers an array of coverages for virtually all classes traditionally known to have environmental liability exposures on both an admitted and non-admitted basis. Berkley Specialty Underwriting Managers underwrites on behalf of Nautilus Insurance Company and Great Divide Insurance Company, member companies of W. R. Berkley Corporation, both of which have an A.M. Best Financial Strength Rating of A+ (Excellent) and a Financial Size Category of XV (adjusted policyholders' surplus of $2 billion or greater). www.berkleysum.com/environmental.htm
If you would like more information on environmental insurance products, please contact PartnerOne Environment at 1-800-596-0172 or p1info@p1enviro.com.
CorRisk Solutions Announces
SME Architects and Engineers Professional Liability Program
February 10, 2015, CHICAGO, ILLINOIS- CorRisk Solutions, a division of RSG Underwriting Managers, LLC, announced today SME Architects and Engineers Professional Liability Program enhancements.
CorRisk Solutions, already broadly known for its superior, technology-driven platform and underwriting capabilities, will underwrite, quote and bind new and renewal U.S. broker and agent produced SME architects and engineers business. Written on currently rated "AXV" paper, the program's area of concentration is accounts with revenues of $5 million or less with minimum premiums as low as $1,500 for $1 million in limits. Admitted in all 50 states, the program offers broad, flexible coverage, claims handling and risk management expertise and consulting.
A spokesperson for CorRisk commented, "The partnership with CorRisk Solutions provides more streamlined servicing capabilities and ensures product and underwriting consistency across this important portfolio of our U.S. SME architects and engineers business."
For additional information, please contact:
Tom Curran
SVP - Marketing/Business Development
C: 480-329-4919
marketing@corrisksolutions.com
www.corrisksolutions.com
About CorRisk Solutions:
CorRisk Solutions is part of RSG Underwriting Managers, LLC and a member of Ryan Specialty Group, LLC - a global holding company which includes other highly-specialized underwriting companies and specialty services designed specifically for agents, brokers and insurers. www.ryansg.com and www.corrisksolutions.com
SASSI Introduces Workers' Comp Coverage
Bay Shore, N.Y. - January 21, 2015 - SASSI, the Salon and Spa Specialty Insurance agency, today announced it is offering workers' compensation insurance coverage for salons, day spas, electrologists, beauty schools and barber shops.
Available through RTW, Inc., rated "A" by A.M. Best Company, the CompConnect program is available in most states. To meet the needs of small to mid-size salons and spas, premiums begin at $500 annually and range up to a maximum annual premium of $25,000.
"SASSI has offered specialized liability and property coverage to the beauty industry for many years, and we're pleased to be able to serve more of the industry's insurance needs with our new workers' compensation program," said Sean Brownyard, executive program manager for SASSI.
Salons, spas and other beauty industry businesses can learn more about CompConnect by asking their insurance agent, visiting www.sassiagency.com or calling 888-823-9380.
About SASSI
The Salon and Spa Specialty Insurance agency (SASSI), formerly known as the Hairdressers Agency, has been a leading innovator in providing specialized liability coverage to the beauty industry for 85 years. A division of W.H. Brownyard Corp., SASSI provides a wide range of insurance coverage for salons, day spas, electrologists, beauty schools and barber shops. Claims management is provided by Brownyard Claims Management, a loss prevention and full-service insurance claims facility. The company is based in Bay Shore, N.Y.
Media Contact: Gary Kimball; Kimball Communications; 610-559-7585; gkimball@kimballpr.com
Ryan Specialty Group's Global Special Risks Announces
Full Underwriting Authority for Upstream Solutions Energy Package
January 8, 2015, CHICAGO, IL - Ryan Specialty Group's Global Special Risks (GSR), a subsidiary of RSG Underwriting Managers, LLC, announced today a new binding authority for the Upstream Solutions Energy Package, which provides products for oil and gas operators and non-operators of North American-based exploration and production companies. This new authority is the result of GSR's long-standing relationships with the London insurance market and is backed by some of the most experienced oil, gas and energy Underwriters at Lloyd's of London.
Steven J. England, President and CEO of GSR says of the new binding authority, "We are excited about this improved offering for operators and non-operators in the US and Canada. Our ability to underwrite, quote and bind business from Houston for North American retailers will provide much improved turnaround times for our trading partners."
The package will be underwritten in Houston, Texas by GSR's Chief Underwriting Officer, Thomas Morelli. Lines of coverage available in the new package include Control of Well (limits up to $50 million), Primary General Liability (limits up to $1 million, $2 million aggregate), Umbrella (limits up to $10 million) and Property (limits up to $20 million).
GSR specializes in underwriting various exposures in the upstream oil and gas business. The majority of GSR's business is placed through exclusive programs, such as this new facility for Upstream Solutions.
For more information on this release, contact Chelsey Krull, (312) 784-6043, ckrull@ryansg.com.
About Ryan Specialty Group, LLC and Global Special Risks (GSR)
Global Special Risks, LLC (GSR) is a subsidiary of RSG Underwriting Managers, LLC (RSG UM). RSG UM is a member of Ryan Specialty Group, LLC (RSG), a global holding company which includes highly-specialized underwriting companies under the RSG UM brand, a London operation, wholesale brokerage and other specialty services designed specifically for agents, brokers and insurers. For more information on GSR and RSG, visit www.globalspecialrisks.com and www.ryansg.com
New program available for firefighter accidental death and disability
FORT WAYNE (November 4, 2014) - K&K Insurance Group, Inc., a subsidiary of Aon plc (NYSE:AON), today launched a new program offering accidental death and disability (AD&D) coverage for firefighters. The program provides a variety of options including:
- Policies written for the entire state or on a per firehouse basis.
- Coverage for full-time firefighters:
- accidental death and dismemberment;
- accelerated benefit
- heart and circulatory benefit (death, medical expense or total disability benefit when an insured suffers a sudden heart or circulatory malfunction within 48 hours after participating in an emergency call
- seat belt coverage ($20,000 death benefit due to the unintentional collision of an automobile or fire engine during which the insured is participating in a covered activity and wearing a seat belt.)
- Volunteers are offered the same coverage as full-time firefighters and also have the option to purchase excess medical coverage and partial/total disability coverage.
No prior appointment or agreement is needed for agents to submit applications for quotation. The program is not available in AL, FL, IN, MA, ME, MN, MS, NY, OH, VA.
For information, please email Associate Underwriter Nicholas Davey at nick.davey@kandkinsurance.com or call 800.637.4757 for assistance.
Coverage is offered on an admitted basis and provided through an insurance carrier rated "A+" (Superior) by A.M. Best Company. All descriptions, summaries or highlights of coverage are for general informational purposes only and do not amend, alter or modify the actual terms or conditions of any insurance policy. Coverage is governed only by the terms and conditions of the relevant policy.
About K&K Insurance Group, Inc.
K&K Insurance Group, Inc., a subsidiary of Aon plc, is a managing general underwriter offering insurance products and services to the sports, motorsports, recreation, leisure and entertainment industries.
About Aon
Aon plc (NYSE:AON) is the leading global provider of risk management, insurance and reinsurance brokerage, and human resources solutions and outsourcing services. Through its more than 66,000 colleagues worldwide, Aon unites to empower results for clients in over 120 countries via innovative and effective risk and people solutions and through industry-leading global resources and technical expertise. Aon has been named repeatedly as the world's best broker, best insurance intermediary, best reinsurance intermediary, best captives manager, and best employee benefits consulting firm by multiple industry sources. Visit aon.com for more information on Aon and aon.com/manchesterunited to learn about Aon's global partnership with Manchester United.
CorPro Underwriting Managers announces new underwriting facility for Management Liability Products
November 3, 2014, NEW YORK - CorPro Underwriting Managers ("CorPro") is pleased to announce it will now offer Directors and Officers, Employment Practices, Fiduciary and Crime insurance coverage to small and mid-sized enterprises through its partnership with certain insurance company subsidiaries of American International Group, Inc. ("AIG"). Working exclusively through US wholesalers, CorPro's clients will now be eligible to obtain coverage on AIG's Private Edge Plus and Not-for-Profit Risk Protector policy forms.
A common misconception about privately held companies and non-profit organizations is that they do not need to purchase management liability insurance - a misconception that can prove financially devastating to these organizations and their executives in the event they become subject to a legal action. The Private Edge Plus and the Not-for-Profit Risk Protector are flexible insurance policies that allow private and not-for-profit entities of any size to obtain market leading management liability coverages tailored precisely to provide the protection needed for the risks that threaten the entity, management, employees, and board of directors.
This partnership provides a single point of entry exclusively for wholesale trading partners' management liability business for small to mid-sized enterprises with revenues up to $50 million. The goal is to achieve more streamlined servicing capabilities and to ensure product and underwriting consistency across this important market segment.
RSG's Chairman & CEO, Patrick G. Ryan said, "We look forward to working with AIG to help grow its market-leading franchise of management liability products. This new partnership between AIG and CorPro will offer the U.S. wholesale brokerage community a centralized access point staffed with deep underwriting expertise dedicated solely to servicing small and medium-sized accounts."
Any questions regarding this announcement and for further details about the product offering and capabilities, please contact Bill Dean, Vice President, CorPro Underwriting Managers at 646-871-8329 or email bill.dean@corproum.com.
For more information on this release, the media contact is Chelsey Krull, (312) 784-6043, ckrull@ryansg.com.
About American International Group:
American International Group, Inc. (AIG) is a leading international insurance organization serving customers in more than 130 countries and jurisdictions. AIG companies serve commercial, institutional and individual customers through one of the most extensive worldwide property-casualty networks of any insurer. In addition, AIG companies are leading providers of life insurance and retirement services in the United States. IG common stock is listed on the New York Stock Exchange and the Tokyo Stock Exchange. www.aig.com/privateedgeplus
About CorPro Underwriting Managers:
CorPro Underwriting Managers is a series of RSG Underwriting Managers, LLC and a member of Ryan Specialty Group, LLC - a global holding company which includes other highly-specialized underwriting companies and specialty services designed specifically for agents, brokers and insurers. www.ryansg.com
NAS Insurance Services Introduces Regulatory Business Interruption Ebola Coverage
Encino, CA: NAS Insurance Services, a leading underwriting manager of specialty insurance, in conjunction with Prospect Insurance Brokers Ltd and Ark Specialty Programs of Lloyd's of London, today introduced a new insurance program for businesses facing the possibility of government-mandated closure due to the presence of the Ebola disease.
"We recognize that businesses face a significant threat if a staff member, visitor, client or patient tests positive for Ebola," remarks Richard Robin, CEO of NAS Insurance. "The premises may be closed by the Center for Disease Control or other relevant State or Federal Authority. The direct and indirect costs of this are not covered by any current insurance and the business could suffer a severe uninsured loss and even face bankruptcy if they are not allowed to reopen.'
'The individual treatment costs of Ebola will normally be met by the medical and/or travel insurance of the individual or his/her company which is a market well served,' says Prospect Director Jamie Webb, 'but what is new is the threat that a business can be shut down by regulatory authorities due to the presence of communicable disease on the premises.'
'Hospitals, hotels, airports, shopping centers, restaurants, theaters, gyms and any place the public may congregate including apartments and habitational units are probably most at risk,' commented Richard Bryant of Ark Syndicate.
NAS is a full-service specialty insurance underwriting manager that provides product development, underwriting, marketing, risk management, and claims handling. NAS insurance products and programs are distributed through brokers and as tailored solutions for partner insurance carriers.
For more information about the Regulatory Business Interruption Ebola coverage and all of our specialty insurance solutions, contact:
Jeremy Barnett
NAS Senior Vice President of Marketing
818.382.6116
Beacon Hill Associates Unveils New 'Blueprint' Agent Resources
Beacon Hill Associates, Inc. is thrilled to present its new custom 'Blueprint' educational resources for agents and their clients. Each Blueprint set is carefully constructed for specific classes of business to provide agents and insureds with extensive information on exposures, available coverages, and more.
Created to specifically meet the needs of individual agents and their books of business, the Blueprint series will offer agents unprecedented tools to help their clients understand their environmental exposures and the coverages designed to address them. The information comes in two companion pieces; the first is geared toward the agent and offers material on environmental exposures for that particular class of business, coverage to address the exposures, and ways to overcome challenges when presenting environmental insurance options. The second part is a guide for the insured that will help to explain environmental concerns specific to the industry. They will receive real documented claims and lawsuits within their business sector, as well as other supportive information on the importance of having the right coverage.
Agents can access this tool by contacting Beacon Hill Associates to discuss the class of business they are working with and any upcoming opportunities. Beacon Hill will then create Blueprint documents tailored specifically for each agent's needs. For more information or to request a Blueprint document, email marketing@b-h-a.com.
For the past twenty-four years, Beacon Hill Associates, Inc. has been a leader in providing environmental liability insurance nationwide. Although the company concentrates primarily on environmental business, it also works with agencies on other technically challenging specialty coverages. The organization has two divisions; the wholesale brokerage department, tasked with pursuing appropriate coverage for agents from several top insurance carriers; and the PartnerOne Environmental® underwriting division, specializing in assessing risks and offering an array of environmental insurance products.
Additional information on Beacon Hill Associates and its products and services can be found at
www.b-h-a.com or by calling 1-800-596-2156.
New website offers quote and buy online capability for walk and run event coverage.
Fort Wayne, Ind., August 12, 2014: K&K Insurance Group, Inc., a subsidiary of Aon plc (NYSE:AON), today announced a new website offering coverage for groups organizing walk or run events. The website, www.WalkRunInsurance-kk.com, offers agents the ability to quote and purchase liability insurance online with immediate delivery of coverage documents.
The Walk/Run Event Program provides liability protection for the organization, including employees and volunteers, for liability claims arising out of its operations and offers rates lower than the standard sports events program. Coverage also includes medical payments for participants on an excess basis.
To qualify for the program, events must meet the following criteria:
- Maximum of 10,000 participants
- Events of three days or less
- Total course distance cannot exceed 16 miles
A variety of limits are offered ranging from $1 million per occurrence with a $5 million aggregate up to $5 million per occurrence with a $5 million aggregate. Rates are based on whether the event is a non-competitive charity walk/run or a competitive (timed) walk or run event. The minimum premium for non-competitive events is $150; the minimum for competitive events is $300. Optional sexual abuse and molestation coverage and ancillary event coverage is also available through this program.
Agents purchasing coverage through the new website earn 10% commission; no prior agent appointment or agreement is needed to purchase coverage through any of K&K's ecommerce websites.
Coverage is offered on an admitted basis and provided through an insurance carrier rated "A+" (Superior) by A.M. Best Company.
About K&K Insurance Group, Inc.
K&K Insurance Group, Inc., a subsidiary of Aon plc, is a managing general underwriter offering insurance products and services to the sports, motorsports, recreation, leisure and entertainment industries.
About Aon
Aon plc (NYSE:AON) is the leading global provider of risk management, insurance and reinsurance brokerage, and human resources solutions and outsourcing services. Through its more than 66,000 colleagues worldwide, Aon unites to empower results for clients in over 120 countries via innovative and effective risk and people solutions and through industry-leading global resources and technical expertise. Aon has been named repeatedly as the world's best broker, best insurance intermediary, best reinsurance intermediary, best captives manager, and best employee benefits consulting firm by multiple industry sources. Visit aon.com for more information on Aon and aon.com/manchesterunited to learn about Aon's global partnership with Manchester United.
Access Partners Launches New Appulate System
Appulate Powers New California Worker’s Compensation and Commercial Auto Wholesale Broker
Sacramento, CA – August 5, 2014 Access Partners Insurance Services has unveiled a state of the art online submission platform for their Workers’ Compensation and Commercial Auto programs.
Access Partners is investing heavily into technology to help the retail agents it works with make it easy to do business. Powered by Appulate, the Access Partner’s website, features an automation submission workflow to reduce data entry and get quotes faster. Agents will then be able to complete the process by electronically signing forms, upload loss runs and automatically issue a request to bind.
“We intend to provide the best possible solutions to help the retail agents we work with,” said Andrew Smith, Agent Relations Manager at Access Partners. “Appulate offers us an unprecedented level of automation,” stated Smith.
Once only reserved for large insurance companies, the agent portal is now on the wish lists of many insurance brokers. “It is a competitive advantage,” said Dimitri Nikouline, Chief Architect at Appulate, Inc. “Agents that work with Access Partners will be able to submit business faster and save time. Everyone wins,” commented Nikouline.
About Appulate
Founded in 2005, Appulate is “The Insurance Automation Company” and provides a best of breed submission automation solution. Appulate offers an unprecedented level of connectivity to streamline business processes through its innovative abilities to bridge data between insurance systems. The combination of our advanced technology, outstanding level of service and high value proposition have made us one of the fastest growing technology companies that serve the insurance industry.
Visit Appulate at www.Appulate.com
About Access Partners Insurance Services
Access Partners is California’s newest insurance market for Workers’ Compensation and Commercial Auto risks. Built with technology from the ground up, our aim is to make it as easy as possible for retail agents to work with us.
Visit Access Partners Insurance Services at www.accesspartnersins.com
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