Markel Corporation
Markel Corporation Introduces Medical Umbrella Product
Richmond, VA, June 13, 2011 - Markel Corporation announced today a new Umbrella product for Allied Healthcare accounts.
This product will serve as a lead Umbrella policy over eligible Allied Healthcare lines such as hospitals, medical labs, pharmacies, surgery centers and clinical trials up to $10 million in capacity.
Coverage is written on a surplus lines basis through Evanston Insurance Company (Essex Insurance Company in Illinois and New Hampshire). This product can be written over Markel primary claims made Professional coverage or over primary claims made Professional coverage written by other carriers with an A.M. Best rating of A- VI or better.
"Markel is excited to expand our Healthcare coverage options by including Medical Umbrella coverage. This is something our brokers have been asking for and we are thrilled to deliver an option that should make us an even more competitive market," said Fran O'Connell, managing director of Markel Medical Liability.
Markel Medical Umbrella coverage is accessible through Markel's network of appointed wholesale brokers, which can be found on markelcorp.com under "Find a Broker."
ABOUT MARKEL CORPORATION
Markel Corporation markets and underwrites specialty insurance products and programs to a variety of niche markets. In each of these markets, the Company seeks to provide quality products and excellent customer service so that it can be a market leader. The financial goals of the Company are to earn consistent underwriting profits and superior investment returns to build shareholder value.
Ryan Specialty Group, LLC
Ryan Specialty Group, LLC Launches LifeScienceRisk
MGU focuses on
Generic Pharmaceuticals, Medical Devices and Nutritional Supplements
May 24, 2011, CHICAGO, ILLINOIS - Ryan Specialty Group, LLC (RSG) today announced the launch of LifeScienceRisk, a Managing General Underwriter specializing in generic pharmaceuticals, medical devices and nutritional supplements. Insurance products include commercial general liability or mono-line products liability for manufacturers, contract manufacturers, repackers and distributors of these life science related products. Available on a non-admitted basis in all states other than Delaware and Rhode Island, the program is underwritten by Catlin Specialty Insurance Co., currently rated "A XV" by A.M. Best.
Chuck Seymour, Chief Underwriting Officer, LifeScienceRisk, says, "Appointed producers and wholesalers now have access to a single source for both primary and excess insurance across our targeted segments of generic pharmaceuticals, medical devices and nutritional supplements. This will accelerate the underwriting decision process considerably."
RSG Chairman and C.E.O., Patrick G. Ryan adds, "We are enthusiastic about LifeScienceRisk's expertise in underwriting this complex insurance, and its ability to provide significant limits on behalf of a highly-rated carrier in the life science sector. LifeScienceRisk offers our producers and wholesalers a new and unique distribution channel, which optimizes response time and profitability for our production sources."
For more information about LifeScienceRisk, contact Chuck Seymour. (312) 878-8957. cseymour@lsrisk.com, or visit www.lsrisk.com for more information.
For more information on this release, contact Chelsey Krull, (312)-784-6043, ckrull@ryansg.com.
INSTEC
Instec Releases quicksolver 3.1 to the Commercial Property and Casualty Market
New enhancements dramatically improve productivity and user experience
Naperville, IL, May 10, 2011 - Instec, a leading provider of software and services to the Commercial Property and Casualty insurance industry, announced a new version of its quicksolver 3 policy administration software. This release includes a host of new features including a new administrator module, automated endorsement wording and significant enhancements to the user interface.
"This latest release of quicksolver 3.1 is further evidence that Instec is a leading player in the Insurance Value Chain by consistently delivering well-engineered, practical software and services," said Colin Cole, Chief Insurance Technology Strategist for Microsoft.
The quicksolver Administrator modules are utilities that allow customers to make changes to the quicksolver software without dependence on Instec or a third party. The new administrator module, Change Administrator, replicates designated configuration data across multiple customer environments to reduce a customer's maintenance effort while ensuring operational data integrity. Changes to company deviations, loss cost multipliers, IRPM factors, premium discount tables, rating questions, and schedule rating factors are automatically copied from one environment to another through a simple to use wizard.
In addition to the new administrator module, quicksolver 3.1 also includes automated endorsement wording. This feature yields considerable time savings and ensures consistency and accuracy for endorsements by providing standardized and system generated summaries of policy changes on the required policy forms.
The user interface of quicksolver 3.1 has also been significantly enhanced to provide the user with a more personalized, immersive experience using Rich Internet technology. Users can resize the screen to eliminate scrolling and change the layout of the screens with three different options so keying is more efficient.
"Instec's quicksolver 3.1 release builds on the self-sufficiency and immersive user experience that we delivered in quicksolver 3," said Kevin Mason, VP of Product Development and Maintenance for Instec. "The user experience using Rich Internet is critical. When users can work the way they want, they are more efficient and productive - keying and rating policies faster."
For more information, visit www.instec-corp.com
Media Contact, Carey Straetz, Instec, cstraetz@instec-corp.com, 630.799.6485
National Interstate
National Interstate Enters Ambulance Insurance Market
Offers specialized insurance program with McNeil & Company
Richfield, Ohio - May 17, 2011 - National Interstate Insurance Company ("National Interstate"), a leading provider of transportation insurance, announced it has entered the ambulance insurance market through a relationship with McNeil & Company, Inc. ("McNeil"). The Ambulance Services Insurance Program ("ASIP") is an insurance solution created specifically for emergency and non-emergency medical transportation operators. ASIP is administered by McNeil, with insurance coverages and claims services being offered jointly by National Interstate and McNeil. McNeil also provides loss control and risk management services.
This specialized insurance program was designed for best-in-class for-profit emergency and non-emergency medical transportation companies with a commitment to safety excellence. The ASIP program provides a comprehensive coverage package, superior claims management and extensive loss control services. Through the new relationship between McNeil and National Interstate, members will enjoy several product enhancements.
"National Interstate is extremely pleased to partner with the professionals at McNeil & Company, a renowned leader in the ambulance industry," said Dave Michelson, President of National Interstate. "The ASIP program is a natural alignment with our niche focus and expertise in wheels-based insurance that we have built over the last 22 years. The combination of National Interstate's exceptional transportation claims management paired with McNeil's ambulance experience and risk management programs brings outstanding value to insureds in this very specialized industry."
Dan McNeil, President of McNeil, commented, "We are very excited about our new relationship with National Interstate. As a leading provider of passenger transportation insurance, National Interstate is a natural fit for the ASIP Program. We know that every ambulance service provider has unique insurance needs and requires a specialized insurance package to fully protect itself. McNeil & Company and National Interstate together have the knowledge and experience that is necessary to tailor coverages for this particular class of business. Our decision to partner with National Interstate was the logical progression in our desire to enhance and expand the ASIP Program, and will help keep us at the forefront of policy innovation and program stability."
To learn more about the ASIP Program, please visit McNeil & Company's website at www.mcneilandcompany.com, or contact us at info@mcneilandcompany.com. To learn more about National Interstate's transportation insurance programs visit www.NATL.com, or email marketing@NATL.com.
Markel Programs
Markel Programs Partners With Whorton Insurance Services, Inc.
to Offer New Mobile Food Vendor Program
Richmond, VA - Markel Programs announced today that it has partnered with Whorton Insurance Services, Inc., a managing general agency, to offer immediate availability of a multi-line admitted program for independent mobile food vendors through Markel's network of appointed retail agents. Coverages available include general liability, auto, umbrella, crime, inland marine, and excess limits up to $5 million.
Frank Noyes, Executive Underwriter at Markel Programs, stated, "We are excited to be getting in on the ground floor of this emerging food industry niche with Ron Ortega and the experienced, professional staff of Whorton Insurance Services. The growth potential for Markel, Whorton, and our producers is tremendous, and unquestionably, Markel is the right partner for fulfilling the insurance needs of this market." "I am truly excited about working with Markel, a firm that has an entrepreneurial spirit with the ability to perceive opportunities that others do not see. This was certainly the case when we proposed our ideas that ultimately resulted in creating a new insurance program for an evolving industry," commented Ron Ortega, Program Manager for Whorton.
Jim Whorton, President of Whorton Insurance Services, added, "For an insurance program to be successful, it needs to include several key elements. None is more important than having the right carrier partner. "With Markel, we found the perfect partner. We not only shared values, principles, and underwriting philosophy; but from the start, we were on the same wavelength with a key interest in finding and understanding new opportunities that in the future will foster rewarding business ventures."
Target classes for the program include small-to-medium size mobile food vendors that are individually owned or operated, such as licensed hot food and cold lunch trucks, gourmet coffee vendors, and catering trucks. The program is currently available in California, Texas, Ohio, Oregon, Colorado, Florida, and Washington, with expansion into other states planned soon.
ABOUT MARKEL PROGRAMS
A division of Markel Corporation, Markel Programs develops partnerships with managing general agents to offer single-source, admitted and non-admitted programs for a specific class or line of business. Markel Corporation markets and underwrites specialty insurance products and programs to a variety of niche markets. In each of these markets, the Company seeks to provide quality products and excellent customer service so that it can be a market leader. The financial goals of the Company are to earn consistent underwriting profits and superior investment returns to build shareholder value. To learn more about Markel Programs, visit markelprograms.com.
ABOUT WHORTON INSURANCE SERVICES, INC.
Whorton Insurance Services, Inc. is a Texas-based company with multiple offices in Texas and California. The agency was established in 1972 on the founding principles of time-honored values including integrity, respect, trust, teamwork, excellence, and service to others. Jim Whorton is the founder of Whorton Insurance Services as well as a co-founder of Combined Agents of America, a $450 million affiliation of 45 member agencies representing over 100 best-rated insurance companies with clients throughout the United States. To learn more about Whorton Insurance Services, visit www.whortonins.com.
For more information contact: Frank Noyes, Executive Underwriter, Markel Programs, 800-431-1270, fnoyes@markelcorp.com; Ron Ortega, Program Manager, Whorton Insurance Services, Inc., rono@whortonins.com, 512-372-2243
Mainstay Insurance Group
MAINSTAY OPENS THE DOOR TO THE HOSPITALITY INDUSTRY
WITH ITS INNOVATIVE "GREEN" INSURANCE PRODUCT LINE AND SERVICES
Bellevue, WA, March 30, 2011- Mainstay Insurance Group has expanded its Program Division with the creation of insurance products and services specifically catered to the Hospitality industry. This new market appetite includes limited service, full service, upscale and luxury hotels and resorts in all 50 states, and will offer an innovative program to support the industry in its commitment to going green.
"The Hospitality industry is a natural fit for us," said Mainstay President and CEO Dusty Rowland, "given our long history in building and managing programs for hotels, and the current strength and solid footprint of our existing real estate insurance programs. Hotels and resorts, while certainly unique in terms of exposure, ultimately fall within the real estate industry and cater well to our long term strategy and value proposition."
Mainstay's Hospitality Program will offer industry-focused insurance for qualifying accounts generating a minimum of $10,000 in written premium. Available lines of coverage include: General Liability, Property, Liquor Liability, and Umbrella Liability with limit options from $5M to $100M. Supporting carriers are A rated
offering both admitted and non-admitted options.
What's more, the addition of Hospitality to Mainstay's Program Division is in synch with its dedication to the Green Movement and support of The Association of Green Property Owners and Managers (AGPOM). Mainstay is leveraging their exclusive insurance representation of AGPOM to drive hospitality growth in
their real estate program. The program will not only offer a competitive insurance proposal, but also provide tools and services that help clients leverage the financial benefits of the Green Movement.
"When you look at what has taken place within the Green Movement in the past ten years or so with entrepreneuring hoteliers implementing conservation programs, as well as the boom of green, ecofriendly hotels, you see that this industry is at the forefront among the real estate segments in making significant strides in terms of capital investments and behavioral changes within their buildings and sites," said Mr. Rowland. "Yet there are still many hotels and resorts looking for ways to get involved and go green. We see our program as an opportunity to offer them the same type of multi-faceted value the AGPOM platform offers property owners."
To learn more about Mainstay's Hospitality Program, contact Eric Arthur, Executive Vice President and head of product development, at 425-233-6463.
About Mainstay
Mainstay Insurance Group is a program administrator and specialty wholesaler servicing the insurance and risk management needs of select industries and providing niche and association-based products. Its programs are available nationally and are distributed 100% through retailers.
About AGPOM
The Association of Green Property Owners and Managers (AGPOM) is a 501(c)(6) non-profit organization that helps property owners and managers realize the value of environmental-friendly pursuits while offering incentives that stimulate participation. Its approach, which stems from a connection between "Going Green" and risk control, drives meaningful results using a straightforward strategy to "Greening" a business. Through AGPOM, members are able to leverage many "Green" benefits without making large investments in technology or manpower.
Victor O Schinnerer and Company, Inc.
Schinnerer Launches New Contractor Policy Form
Chevy Chase, MD - March 2, 2011 - As construction contractors expand the scope of their professional services to maintain and grow their business in a challenging economy, Schinnerer today announced the launch of a new contractor professional liability and pollution liability policy form to meet their changing needs. Available to general, design-build and many types of specialty contractors, the new policy form offers expanded coverage and adds new coverage features.
"The construction industry has evolved greatly in the last few years," said Emerson Browne, Vice President of Schinnerer's Contractor program. "We updated and enhanced our policy forms to give our contractor clients what they need and want in terms of services covered and expanded coverage."
The new and expanded coverages include:
- Rectification coverage
- Defendant's reimbursement coverage up to $10,000 per claim
- Expanded definition of professional services
- Ownership interest of 49%
- Proactive coverage for mold
- Automatic coverage for LEED consultants
- No exclusion for asbestos, respirable dust or silica
- Coverage for punitive damages resulting from pollution liability
- Coverage for transportation pollution liability and non-owned site disposal
The new policy form is also available to current insureds by means of a mid-term enhanced endorsement.
Schinnerer continues to offer the Contractor program with program insurer, CNA.
Schinnerer, which has underwritten contractor risks since 1991, offers professional liability and pollution liability coverage to a wide range of construction contractors. The Contractor program is available nationwide through independent insurance agents and brokers.
About Schinnerer
Victor O. Schinnerer & Company, Inc. is one of the largest and most experienced underwriting managers of professional liability and specialty insurance programs in the world. Schinnerer now serves more than 46,000 insureds in various specialty industries through independent agents and brokers. Learn more at www.Schinnerer.com.
Media contact: Starr Crusenberry, Starr.N.Crusenberry@Schinnerer.com, 301-951-6904
Victor O Schinnerer and Company, Inc.
Schinnerer Launches New Railroad Protective Program
Chevy Chase, MD - To address the complex risks faced by businesses that own, manage or work on property that has a railroad line running across or near it, Schinnerer announced today the launch of its Railroad Protective program.
Most standard general liability policies exclude liability coverage for construction operations within 50 feet of a railroad. "Schinnerer has created a program to address these businesses' specific needs and give clients a coverage that fills in this gap," said Gordon Field, Senior Vice President of the Railroad Protective program at Schinnerer. "Our long-standing professional liability and property and casualty insurance programs for the design and construction industry make offering the Railroad Protective coverage a natural fit."
Schinnerer's Railroad Protective program offers monoline coverage designed specifically for railroad related exposures, including project specific coverage for individual projects or contracts and coverage for private grade crossings on private property. Terrorism coverage is automatically included.
Railroad Protective is admitted, available in all states, except New York, and is offered through program insurer, Chartis.
About Schinnerer
Victor O. Schinnerer & Company, Inc. is one of the largest and most experienced underwriting managers of professional liability and specialty insurance programs in the world. Schinnerer now serves more than 46,000 insureds in various specialty industries through independent agents and brokers. Learn more at www.Schinnerer.com.
Contact: Alli Amrhein, 301-961-9746, Alli.Amrhein@Schinnerer.com
NIP Program
NIP Programs Launches MedEdge for Physician
Assistants - Medical Professional Liability Insurance
MedEdge Protects, Defends and Rewards Physician Assistants with
Personal, Customizable and Affordable Professional Liability
coverage -including AD&D and Occupational Incident Benefits
Woodbridge, N.J., March 1, 2011 - NIP Programs, a division of NIP Group, Inc. (www.NIPGroup.com), a leader in the design and management of specialty insurance programs, has introduced MedEdge for Physician Assistants, a new personal, customizable and affordable professional liability coverage that protects, defends and rewards Physician Assistants.
Backed by an A.M. Best "A-rated" insurance carrier, MedEdge features professional liability coverage that goes beyond traditional coverages currently offered, with additional AD&D and Occupational Incident Hepatitis C and HIV Benefits included in most states.
"MedEdge is a budget-friendly entry into personal insurance coverage for Physician Assistants, with coverage options that adjust as a Physician Assistant's career grows," said NIP Programs President, David Springer. "MedEdge is passionate about protecting healthcare practitioners and goes beyond insurance with a Three-In-One Protection Plan for Physician Assistants that protects their interests, defends their reputation and livelihood, and rewards them with discounts for a good track record."
MedEdge protects Physician Assistants, acting as a personal advocate and fighting to protect their interests and careers with:
- Their own personal coverage and dedicated policy limits
- Tools to lower risk, including a robust library of patient safety and risk
· management materials, guides and tools
- A risk management team that is available to help when a situation arises
- Up-to-date information on new regulations, emerging trends and information to lower premiums over time
A cornerstone of coverage is how MedEdge defends Physician Assistants, vigorously protecting their professional reputations and livelihoods. Given the professional and personal challenges of malpractice claims, MedEdge claims experts are available to marshal all their resources, from initial notice to final resolution.
MedEdge also rewards Physician Assistants with discounts for their safe track records and outstanding patient care. Additionally, MedEdge offers discounts for part-time Physician Assistants, students and recent graduates, and works diligently to secure and maintain the best insurance rates and coverages.
MedEdge for Physician Assistants is currently available in 36 states with more approved each day. For more information on MedEdge or to download forms, please visit the NIP Programs website: www.nipgroup.com/programs/mededge/ or by calling 877-449-EDGE (or 877-449-3343).
About NIP Programs
NIP Programs, a division of NIP Group, Inc. (www.nipgroup.com), is a leading U.S. specialty insurance program manager operating in all states. NIP Group, Inc. is a specialized business insurance and risk management intermediary, ranked among the largest 100 in the United States and providing a wide range of brokerage, underwriting and risk management services to select market segments.
Ryan Specialty Group LLC
Ryan Specialty Group, LLC Introduces CivicRisk
Excess casualty coverage for self-insured public entities
CHICAGO, ILLINOIS - Ryan Specialty Group, LLC (RSG) today announced the launch of CivicRisk (CRU), a Managing General Underwriter specializing in excess casualty coverage for public entities which includes, but is not limited to, cities, counties, school districts, transit districts, public utilities, and special districts whether written individually or in pools.
CRU offers public entities a broad range of occurrence and wrongful acts coverage underwritten on a single policy form that addresses general liability, law enforcement, public officials, employment practices liability, employee benefits and automobile exposures. Coverage is also available on a follow form basis over qualified underlying primary carrier programs. The program is available on a non-admitted basis in all states and is underwritten by Scottsdale Insurance Company, which, through an affiliated company, has initiated filings for admitted status. Scottsdale Insurance Company is an A.M. Best rated A+ XV insurer, experienced in handling public entity claims. Coverage is also available on a follow form excess liability over traditional primary coverage in areas with tort caps and immunities where traditional primary programs predominate.
Thomas Dultz, President, CEO and Chief Underwriting Officer, CivicRisk, says of the opportunity, "Public entities want more alternatives in their ability to retain risk. Our products are designed to provide public entities with excess casualty risk-transfer options that will help them avoid unexpected gaps in coverage as they manage their risk. We have assembled a team of experienced underwriters in the public entity and public transit underwriting arena."
Patrick G. Ryan, Chairman and CEO, RSG, adds, "CivicRisk's ability to present creative excess casualty risk-transfer options to public entities and their risk managers - through the agents and brokers who represent them - offers a unique distribution channel for the coverage that is needed in today's marketplace."
About CivicRisk Underwriters (CRU)
CivicRisk Underwriters (CRU) is a part of Ryan Specialty Group, LLC (RSG). As a managing general agency, CRU focuses on excess casualty products for public entities that are self-insured. CRU has offices in Los Angeles, California, and Philadelphia, Pennsylvania. www.ryansg.com
About Ryan Specialty Group, LLC
Ryan Specialty Group, LLC is a global company specializing in wholesale brokerage, MGU/MGA underwriting facilities and other specialty services to agents, brokers and carriers. www.ryansg.com
For more information about CRU, contact Thomas Dultz, (818) 660-1671, tdultz@civicrisk.com.
For more information on this release, contact Chelsey Krull, (312) 784-6043, ckrull@ryansg.com.
Carson Marketing LLC
Zane Carson launches Carson Marketing, LLC. Carson Marketing, LLC provides marketing services and support for small to mid-sized businesses.
Houston, Texas - Zane Carson today announced the launch of Carson Marketing, LLC. Carson Marketing is a full service marketing firm specializing in helping businesses grow utilizing a variety of marketing mediums.
If the biggest lesson learned in an economic downturn is to do more with less, America's small to mid sized business owners have accomplished that by across-the-board cutbacks including staff. The eliminated position or department does not eliminate the need for these services. A majority of these businesses have turned to outsourcing to create a seamless transition. For the last ten years, outsourcing has incorporated itself in every business model and industry. Carson Marketing, LLC is the perfect marketing outsource solution. The company can develop a total marketing strategy or create a one shot promotion. It also offers website development, advertising, press releases, co-op TV commercials, public relation, product sampling and product launch to name a few. "Marketing is a vital function for every business, but often overlooked due to the expense. As most companies find out, it is more expensive not to market" states Zane Carson, President, Carson Marketing, LLC.
About Carson Marketing, LLC. Zane Carson, President, successfully lead the marketing efforts for both start up insurance operations and established insurance businesses for the past 15 years.
For additional information contact: Carson Marketing, LLC Zane Carson, President, 713-870-1990, zcarson@carsonmarketing.com, www.carsonmarketing.com
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