SPECIALTY LINES MARKETS
The good, the bad and the hard to place
By Larry G. France
The good news is that there are still a few markets that can place almost any form of professional liability. The bad news is that the limits of liability may be a problem, depending on the class of business in question. The "ugly" or hard-to-place classes, such as medical malpractice, are not moving into the positive category as of yet.
Some doctors and hospitals have stopped providing some essential services because they cannot take the chance of legal action. Trauma centers have closed, physicians have moved out of states where premiums have risen as much as 200%, and state legislators haven't been able to effectively address the situations.
Medical malpractice caps have been slow in evolving or are non-existent. The top states with crisis status are Arkansas, Connecticut, Florida, Georgia, Illinois, Kentucky, Mississippi, Missouri, Nevada, New Jersey, New York, North Carolina, Ohio, Oregon, Pennsylvania, Texas, Washington, and West Virginia, according to the Medical Liability Monitor from the American Medical Association. Other classes of professional liability include accountants, attorneys, agents E&O, intellectual property, and D&O.
Danielle Hardiman, production manager for The Lawyer's Protector Plan, states that law firms are having a rough time finding excess limits, particularly limits over $5 million. "Law firms in high-hazard areas of practice, such as SEC law or intellectual property, are having a hard time," she points out. In addition, Hardiman says, firms that have poor claims histories are experiencing large rate increases. "It seems that California, in particular, is going through a very hard market." Hardiman's firm targets law firms in the one to 19 attorney range.
The D&O crisis that came about as a result of the Enron scandal will be with us until insurers and underwriters can reach a comfort zone where they believe all ethical practices have been followed. In the meantime, look for all D&O submissions to be dissected over and over again prior to approval.
"Corporate scandals have had a significant impact on rates and coverages for lawyers, accountants, and financial advisors," says Mark Gold of Metcom Excess. "Several of my markets are no longer writing financial consultants. Accounting firms are finding difficulty securing coverage, especially ones doing auditing services. "I have also been bombarded with technology E&O submissions. Technical professionals in the computer industry can purchase broad coverage for relatively inexpensive prices in the marketplace." Metcom Excess operates in New York and New Jersey.
Some good news: Miscellaneous professional liability is being looked at by most carriers as an attractive class of business.
Tom Dixon of American Wholesale Insurance Group (AmWINS) of New Jersey says the miscellaneous classes are being actively sought, while the professional liability E&O classes (i.e., attorneys, doctors, etc.) are losing capacity. "Carriers are becoming more restrictive on the classes they will write, and less willing to consider accounts with loss history or financial difficulties. Many programs or exclusive arrangements are shutting down. The market has experienced a serious depletion of reinsurance, due mainly to loss experience in the D&O sector, which has adversely affected the capacity available for most classes of D&O. We believe most underwriters are absorbing higher net lines which may account for the more conservative underwriting climate." Dixon says Bermuda is by far the largest source of significant excess capacity in the present market. "We expect the present trends to continue until underwriting profitability returns to all sectors of E&O, including all management liability classes." AmWINS provides coverage in all states.
National Insurance Professionals Corporation (NIPC) has recently added direct online access to London quotes for a wide variety of consultants including air quality, broadcasting/communications, collection agents, dispatch services, employee benefits, forestry, information technology and related business, process servers, and telecommunications consultants. "We are one of less than 20 in the United States with that authorization," says William Reese, president of NIPC. For example, Reese says, up until recently they have had to turn away graphic artists who design for advertising. For more information, contact NIPC, Barbara Seitz, lead underwriter.
NIPC also can accommodate architects, engineers, and environ-mental consultants in a program that combines professional liability and D&O and EPLI. It is also available for industry-related consultants and specialty designers who have not been able to obtain standard coverage. This program can be accessed through NIPC's program administrator, Mathew Copus, at (800) 597-2612 and is available in all 50 states.
E.L.M. Insurance Brokers, which specializes in professional liability, has a new market for miscellaneous professional liability, including some hard-to-place classes. The program is underwritten by Alea London, Ltd., which is an A rated carrier. Some of the risks that fall into this category are:
Actuaries
Business brokers
Benefit plan administrators/TPAs
Credit bureaus
Freight forwarders/customs brokers
Inspectors/auditors (non-accounting)
Residential real estate agents/appraisers
Real estate asset managers
Talent agencies
Testing labs (non-environmental)
Title agents/abstractors/researchers
Minimum premium and deductible is $2,500 with limits up to $2 million available on a primary basis.
As you can see, there is some of each--the good, bad, and hard to place. Yes, it sometimes is difficult, with higher pricing and maybe not with the limits desired, but there are still some markets that can assist you with the majority of risks.
The following have responded to our survey and have indicated that they are a market for professional liability. Look closely at each company's target market and the states where they operate.
Aberdeen Insurance Group
1364 Welsh Rd., Ste. E2
North Wales, PA 19454
Contact: Thomas S. Downie
Phone: (800) 845-4150
Fax: (215) 641-1456
E-mail: aberdeeninsgrp@hotmail.com
Web site: www.aberdeeninsgrp.com
An E&S broker operating in DE, MD, NJ and PA with limits of $1 million/$2 million. Will consider all classes. Carriers are A rated or better.
The American Agency
10801 Martin Blvd., Ste. 550
Overland Park, KS 66210
Contact: Howard Handler
Phone: (800) 255-4301
E-mail: hhandler@rsui.com
Web site: www.theamericanagency.com
An MGA operating in all states except AK, DC, HI, MA and NJ with limits of $1 million primary/$4 million excess. Target market is ambulance services only. A package program is also offered that includes auto, GL, inland marine and property. Carriers are A rated.
American Healthcare Indemnity, a member of The SCPIE Companies
1888 Century Park East, Ste. 800
Los Angeles, CA 90067
Contact: Nancy M. Schnurstein (brokerage appts., physician/facility professional liability), Lawrence Ospina (D&O, MCO)
Phone: (800) 717-5333
Fax: (800) 870-6622
E-mail: nschnurstein@scpie.com
Web site: www.scpie.com
An insurance company that operates in CA only with limits that vary by line of business. Specializes in health care liability for physicians, medical groups and health care facilities. Will offer D&O, E&O, managed care organization E&O (except HMOs), professional liability (medical)/health care risks. Will not write assisted living centers, home health care, hospitals, nursing homes, any residential facility. American Healthcare Indemnity and SCPIE Indemnity are rated B or better.
American Wholesale Insurance Group
5955 Carnegie Blvd., Ste. 350
Charlotte, NC 28209
Contact: Gregg Calestini, Ext. 204
Phone: (704) 554-4850
Fax: (704) 554-8383
E-mail: gregg.calestini@amwins.com
Web site: www.amwins.com
A wholesale holding company operating in all states with worldwide coverage, and single loss limits up to $100 million-plus, depending on class of business. Target markets are A&E, lawyers, medical insurance agents, real estate, mortgage brokers, trustees, investment advisors, broker-dealers, public entities/officials, cyber liability risks and all miscellaneous classes. Other coverages include D&O, EPL, fiduciary, crime coverage, kidnap and ransom, representations and warranties, tax, opinion liability and finite risk. A variety of carriers and MGAs are used to place coverage.
Apex Insurance
301 Concourse Blvd., Ste. 100
Glen Allen, VA 23059
Contact: Karl Snearer
Phone: (800) 366-1213
Fax: (804) 967-0697
E-mail: meehan@apexinsurance.com
Web site: www.apexinsurance.com
An MGA/E&S broker that operates in all states with limits of $5 million. Target market is public entities; professional liability excess is also offered. General Star Indemnity is the A rated or better carrier.
Arrowhead Group
140 S. Lake Ave., Ste. 302
Pasadena, CA 91101
Contact: Carole Fleischman
Web site: www.silverliningins.com
An agency binding business on behalf of others that operates in all states except FL, LA and TX with limits of $1 million/$3 million for GL and professional liability. Target markets are retailers/wholesalers. Claims-made liability for nursing homes is also offered. Lockdown facilities are not written. Lloyd's is the A rated carrier.
Arrowhead Wholesale Brokerage, a division of AGIA, Inc.
501 W. Broadway, Ste. A, PMB #412
San Diego, CA 92108
Contact: Ruth Hinckfuss, Ext. 5730
Phone: (800) 226-7650
Fax: (800) 225-0504
Web site: www.arrowheadagents.com
A wholesale broker that operates in AZ, CA, OR, TX and WA with limits up to $5 million. Target market is P-C agents/brokers. Surety bonds are also offered. Will not write lawyers, medical, A&E and for-profit D&O. Carriers are A rated or better.
Atlantic Specialty Lines, Inc.
9020 Stony Point Pky., Ste. 450
Richmond, VA 23235
Contact: Greg Provenzo, Seth Johnson, Harper West
Phone: (800) 368-2095
Web site: www.atlanticspecial.com
An E&S broker that operates in Mid-Atlantic states including CT, DC, DE, MD, NY and VA with limits of $1 million-plus that vary by line of business. Target markets are specified medical professional, nonprofit D&O, specified professions, miscellaneous E&O, and computer/IT/technology classes. Evanston, USLI, Colony and Lloyd's are the A rated or better carriers.
Baldwin Sadler Corp.
P.O. Box 7001Royersford, PA 19468
Contact: Robert Baldwin, Ext. 101; Gary Angstadt, Ext. 108
Phone: (800) 227-9040
Fax: (610) 495-8900
E-mail: rab@baldwinsadler.com
An MGA that operates in all states except AK with limits of $1 million/$2 million. Target market is small professional entities. Will also cover about 60 specified personal and commercial service classes. Will not write med mal, accountants, lawyers, engineers and architects. ACE-USA and USLI are the carriers.
Bankers Insurance Service
200 E. Randolph St., Ste. 1700
Chicago, IL 60601
Contact: Tom Delaney, Maria Heller
Phone: (800) 323-2743
Fax: (312) 381-6196
E-mail: bis@fprsi.com
Web site: www.bankers.fprsi.com
An MGU that operates nationwide with $5 million in program with excess limits available. Target markets are mortgage brokers and mortgage bankers. Fidelity bond, D&O and mortgage impairment are also offered. Nonfinancial institutions are not written. Lloyd's and Gulf are the carriers.
Bernard Warschaw Insurance Sales Agency
12121 Wilshire Blvd., Ste. 601
Los Angeles, CA 90025
Contact: Stephen Freedman, Cheri Priddy
Phone: (800) 537-7362
Fax: (310) 571-0886
E-mail: info@warschaw.com
Web site: www.warschaw.com
An MGA that operates in all states except KS, NH, NY and RI with limits of up to $1 million/$3 million. Target market is any physician, surgeon, podiatrist or dentist who is unable to obtain coverage in the standard markets. Professional Underwriters Liability Insurance Co. is the A rated carrier.
Bohrer, Croxdale & McAdoo, Inc.
P.O. Box 2760
Springfield, MO 65801
Contact: Vicki Cota, Sydney Croxdale
Phone: (800) 779-2550
Fax: (888) 869-2550
An MGA that operates in AR, IL, KS, MO and OK with various limits. Target markets are physicians and dentists, distressed only. Will not write physicians and dentists unless distressed. Miscellaneous medical, D&O, EPL and public officials also offered. Various carriers are used.
Bonding and Insurance Specialists Agency, Inc.
9340 S. Harlem Ave.
Bridgeview, IL 60455
Contact: Joel Davenport
Phone: (800) 346-1031
Fax: (708) 598-6686
E-mail: sales@bisa-inc.com
Web site: www.bisa-inc.com
An MGA that operates nationwide with limits of $10 million. Target markets are small to mid-sized environmental consultants and contractors. GL and pollution liability are also offered. Design/build contractors are not written. Zurich is the A rated carrier.
Brown & Brown, The Lawyer's Protector Plan
401 E. Jackson St., Ste. 1700
Tampa, FL 33602
Contact: Danielle Hardiman, Ext. 4207
Phone: (800) 336-5529
Fax: (813) 223-9547
E-mail: lpp@prof.programs.com
Web site: www.lawyers.protectorplan.com
An MGA operating in all states except AK, HI and OR with limits of $10 million (each claim and aggregate). Lawyers professional liability--only firms with 1-19 attorneys is offered. Will not consider firms doing securities, intellectual property or entertainment law. Clarendon National Insurance Company is the A rated carrier.
Burns & Wilcox Ltd.
30833 Northwestern Hwy., Ste. 220
Farmington Hills, MI 48334
Contact: (800) 521-1918 for local branch
An MGA/E&S broker (call local branch for territory) with limits of $5 million-plus. All classes are considered. GL, auto, EPLI, property, D&O and architects E&O are also offered. Various carriers are used.
Capitol Special Risks, Inc.
1899 Powers Ferry Rd., Ste. 100
Atlanta, GA 30339
Contact: Christy Hawthorne (866) 268-1327, home inspectors; Lynn Levinson (800) 956-7047, AIG small business; Dorothea Westin (800) 956-7047, E&O, D&O, employment practices
Phone: (770) 618-1010
Fax: (770) 618-4891
E-mail: chawthorne@csrisks.com
llevinson@csrisks.com
dwestin@csrisks.com
An E&S broker/wholesaler and program administrator operating in all states except AK and HI with limits of up to $10 million, depending on the coverage. Coverages include all forms of professional liability. Target markets are home inspectors E&O, all forms of E&O, for-profit D&O, and hard-to-place med mal. Standard med mal is not written. AIG, Chubb, Great American and Lloyd's are among the A rated carriers.
CCBsure/ISG International, Inc.
204 Cedar St.
Cambridge, MD 21613
Contact: Estelle Cummings (410) 901-0730, broker relations; Scott Schleicher (410) 901-0702, sales
Phone: (800) 336-5659
Fax: (410) 228-7645
E-mail: ecummings@ccbsure.com
sschleicher@ccbsure.com
Web site: www.ccbsure.com
An MGA/agency operating nationwide with limits of $250,000-$10 million. Most information technology (IT) classes are considered, also offered are package, workers comp, D&O, auto, fidelity, umbrella and foreign. Medical applications and Web site gaming are not covered. All carriers are A rated or better.
Corporate Advisors Inc.
P.O. Box 429
McHenry, IL 60051
Contact: Ken Hill
Phone: (800) 895-6930
Fax: (815) 363-6931
E-mail: k.hill@4corporateadvisors.com
Web site: www.4corporateadvisors.com
A wholesale/retail broker operating nationwide with limits of up to $10 million plus excess. Target markets are investment advisors, financial, engineers and attorneys. Sole practitioners are not considered. Old Republic, Hartford, Zurich and United National are among the A rated carriers.
CRC Insurance Services, Inc. (formerly AMC of PA)
8 Stover Dr.
Carlisle, PA 17013
Contact: Nancy Kuhn, Ruth Ann Wearich
Phone: (717) 241-0776
Fax: (717) 241-5985
E-mail: nkuhn@crcins.com
Web site: www.crcins.com
An E&S broker that operates in CT, MD, NJ, NY and PA with various limits, depending on the risk. Target markets are nursing homes, assisted living facilities and personal care homes. Umbrella and excess liability are also offered. Carriers are A rated or better.
Delaware Valley Underwriting Agency, Inc.
420 S. York Rd.
Hatboro, PA 19040
Contact:
NJ Branch
Jon Bannett
Phone: (800) 772-2207
Fax: (973) 377-2430
E-mail: bannett@dvua.com
Pittsburgh Branch
Linda Bobro
Phone: (800) 892-5938
Fax: (412) 366-1760
E-mail: bobro@dvua.com
Hatboro Branch
Judy Klingerman
Phone: (800) 388-0215
Fax: (215) 672-7983
E-mail: klingerman@dvua.com
An E&S wholesaler that operates in DE, MD, NC, NJ, NY, OH, PA, SC, WV and VA with limits of $100,000-$50 million, depending on class. Target markets are architects and engineers, lawyers, miscellaneous professional, consultants, media risks, health care risks, technology risks, and insurance agents and brokers E&O. Accountants, home inspectors and financial planners/advisors are not written. Also offered are full prior acts, defense outside the limit, billatera tail, subcontractors as additional insureds and first dollar defense.
Eastern Special Risk Insurance Agency
P.O. Box 218
Harvard, MA 01451
Contact: George H. Vaccaro
Phone: (800) 341-1110
Fax: (978) 456-3245
E-mail: specrisk@aol.com
A program administrator that operates in all states except IA, MN, SC and WY with limits of $1 million/$3 million. Target markets are insurance adjusters, insurance inspection, land surveyors, clinics, labs, investigators, architects and engineers, and accountants. Professional liability is also considered, as well as GL and personal injury. Lexington is the A rated or better carrier.
E.L.M. Insurance Brokers, Inc.
9100 S. Sepulveda, Ste. 121
Los Angeles, CA 90045
Contact: Fred Fisher
Web site: www.e-o.com
An MGA/E&S broker that operates in AZ, CA, CO, ID, KS, NV, OR, UT and WY with limits of$5 million. All lines are considered. Can offer EPLI and D&O. Carriers are A rated or better.
Euclid Managers
977 Oaklawn Ave.
Elmhurst, IL 60126
Contact: J. Kevin Sneed
Phone: (630) 238-1900
Fax: (630) 773-8590
Web site: www.euclidmanagers.com
An MGA that operates nationwide with limits that vary by program. A variety of employee benefits and professional liability products are offered. Several carriers are used.
Evolution Insurance Brokers (EIB)
8700 South 300 West
Sandy, UT 84070
Contact: F. Darrell Lindsey
Phone: (877) 678-7342
Fax: (801) 304-5551
E-mail: fdl@eibdirect.com
Web site: www.eibdirect.com
An E&S broker that operates nationwide and offers a variety of coverages with varying limits. Will consider all classes. Carriers are Prime Insurance Syndicate and Lloyd's.
Financial & Professional Risk Solutions, Inc.
200 E. Randolph St., Ste. 1700
Chicago, IL 60601
Contact: Richard Maka
Phone: (800) 621-0324
Fax: (312) 381-6199
E-mail: fprsi@fprsi.com
Web site: www.fprsi.com
An MGU that operates nationwide with limits of $5 million in program (excess limits available). Target market is mortgage bankers/brokers. Fidelity bond, D&O and mortgage impairment are also written. Will not write nonfinancial institutions. Lloyd's and Gulf are the carriers.
Freberg Environmental Insurance
1451 Larimer St., Ste. 200
Denver, CO 80202
Contact: Danelle Nielsen
Phone: (800) 377-4152
E-mail: dnielsen@feiinsurance.com
Web site: www.feiinsurance.com
An MGA that operates nationwide with limits of $20 million. Target markets are environmental engineers, consultants and contractors. Will offer commercial GL and contractors pollution liability. Gulf and Lloyd's are the A rated or better carriers.
GE Commercial Insurance
5200 Metcalf
Overland Park, KS 66201
Contact: Linda Ahrens, Ext. 4114
Phone: (800) 221-2236
E-mail: linda.ahrens@ge.com
Web site: www.gecommercialinsurance.com
An insurer that operates nationwide for agents E&O and in some states for lawyers E&O, with limits that vary by line. Target markets are lawyers E&O (U.S./domestic) and insurance agents E&O (U.S./Canada). Will also offer title insurance agents coverage with lawyers E&O. Westport and ERC and the A rated carriers.
G.J. Sullivan Co. E&S
1240 S. State College Blvd., #100
Anaheim CA 92806
Contact: Paul Bubnis
Phone: (800) 235-5485
Fax: (800) 697-9852
E-mail: info@gjs.com
Web site: www.gjs.com
A program manager operating nationwide with limits of $10 million. Target markets are nonprofit and nonpublic healthcare facilities D&O. Publicly held companies are not written. Travelers is the carrier.
H & W Insurance Services, Inc.
P.O. Box 1085
Shawnee Mission, KS 66222
Contact: Bernard Geis, Ron Burrows, Marta Love
Phone: (800) 616-9475
Fax: (913) 432-1706
E-mail: bgeis@hwunderwriters.com
Web site: www.hwunderwriters.com
An MGA/E&S broker that operates in all states except HI and AK with limits of up to $10 million. Target markets are nonprofit D&O, corporate D&O, agents E&O, miscellaneous E&O and labor union liability. Will also offer certain classes of nonprofit. Various A rated carriers are used to place coverage.
Health Care Insurers, Inc.
7011 Campus Drive, Ste. 200
Colorado Springs, CO 80920
Contact: Jack Hennigh
Phone: (800) 397-9697
Fax: (719) 528-8200
E-mail: jhennigh@hciusa.com
Web site: www.hciusa.com
An MGA/wholesaler that operates nationwide with various limits. Target markets are medical professional entities, health care systems and physician group practices. Classes other than medical professional liability are not written. Various A rated carriers are used.
H.R. Keller & Co., Inc.
1520 Sheridan Dr.
Buffalo, NY 14217
Contact: Rob Martin, Fred Stievater, John Barton
Phone: (800) 424-2202
A wholesaler that operates in NY state only. All classes are considered. Various admitted and nonadmitted carriers are used.
Hull & Company, Inc.
2150 S. Andrews Ave.
Ft. Lauderdale, FL 33316
Contact: Cynthia Zimmerman
Phone: (800) 678-4855
Fax: (954) 524-0479
E-mail: markets@hullco.com
Web site: www.hullco.com
A wholesaler/E&S broker that operates in all states with limits that vary by company and risk. Will consider all classes, with D&O and EPL also offered. Various A rated or better companies are used to place coverage.
Ian H. Graham Insurance/Aon Community Association Services
5161 Lankershim Blvd., Ste. 240
North Hollywood, CA 91601
Contact: Joel W. Meshin, Esq., Sue Barochiere, Jamison Nelson
Phone: (800) 621-2324
Fax: (966) 229-3754
E-mail: joel_meshin@ianhgrahaminc.com
Web site: www.ihginsurance.com
An MGU that operates nationwide with limits that vary by risk. Target markets are nonprofit homeowners associations, property owner associations, condominiums, cooperatives, timeshares and commercial associations where membership is premised on real property ownership. Also offered: nonprofit community association D&O liability, nonprofit community association fidelity/crime, nonprofit community association umbrella, property manager E&O and property manager fidelity/crime. Not considered: for-profit associations, associations where membership is not based on real property ownership. Continental Casualty is the A rated carrier.
Insight Insurance Services, Inc.
2000 S. Batavia Ave., Ste. 300
Geneva, IL 60134
Contact: Michelle A. Duffett, Jim Romano, Sue Harker
Phone: (800) 447-4626
Fax: (888) 447-6289
E-mail: mduffett@insightinsurance.com
Web site: www.insightinsurance.com
A program administrator operating in all states except HI with limits of up to $5 million. Target markets are accountants, architects and engineers, and insurance agents. Everest National and Safeco are the A rated carriers.
International Excess Agency, Inc.
26451 Curtiss Wright Pky., #103
Cleveland, OH 44143
Contact: Ken Kukral, Ext. 2082
Phone: (800) 937-3497
Fax: (888) 291-1382
E-mail: intlxs@aol.com
Web site: www.intlxs.com
An E&S broker that operates in all states except CA, FL, LA, NJ and NY with limits of $5 million (floating $5 million available also). Target markets are mortgage brokers, title agents and insurance agents E&O. Defense outside the limits and contingent BI are also offered. Various carriers are used to place coverage.
Insurance Innovators Group
130 S. Easton Rd.
P.O. Box 969
Glenside, PA 19038
Contact: Mary Fran Benussi
Phone: (800) 523-6422
Fax: (215) 886-2482
Web site: www.iiigroup.com
An MGA/E&S wholesaler that operates in CT, DE, MA, MD, ME, NH, NJ, NY, PA, RI and VT with various limits, depending on coverage. Will offer employment practices, miscellaneous E&O, profit/nonprofit D&O. Various carriers are used to place coverage.
The Irwin Siegel Agency, Inc.
25 Lake Louise Marie Rd.
Rock Hill, NY 12775
Contact: John Rose, Sean Gerow
Phone: (800) 622-8272
Fax: (845) 796-3661
E-mail: siegel@siegelagency.com
Web site: www.siegelagency.com
An MGA that operates in all states except HI and AK. Target markets are developmentally disabled, mental health, addiction treatment, med/phys rehab and community service. Comprehensive P-C, auto, GL, umbrella and crime are also offered. Various carriers are used to place coverage.
IT Risk Managers, Inc.
P.O. Box 504
Okemos, MI 48805
Contact: Larry Harb
Phone: (888) 280-8710
Fax: (517) 381-8699
E-mail: info@itriskmanagers.com
Web site: www.itriskmanagers.com
An E&S broker operating nationwide with limits of$100 million. Target markets are technology companies, companies that use technology, and financial institutions. Will also consider package policy, excess coverage and hard-to-place risks. Carriers are A rated or better.
Jacobs & Associates
8227 Brecksville Rd.
Brecksville, OH 44141
Contact: Jim Jacobs, Beth Jacobs
Web site: www.jacobsnow.com
An E&S broker that operates in OH only with limits of up to $10 million. Target markets include architects and engineers, accountants, attorneys and consultants. Will also offer E&O, office BOP and excess. USLI, Mt. Vernon, Admiral, Houston Casualty, and Lloyd's are the A rated carriers.
Jimcor Agencies
60 Craig Rd.
Montvale, NJ 07645
Contact: Coryn Mastowski
Phone: (800) 334-0474
E-mail: cmastowski@jimcor.com
Web site: www.jimcor.com
An MGA/E&S broker that operates in most states with limits of up to $25 million. Will consider all classes on an individual basis. Can also offer miscellaneous, insurance agents E&O, real estate brokers, construction managers, title agents and computer consultants. All admitted and nonadmitted carriers are A rated or better.
J.J. Negley Associates
388 Pompton Ave.
P.O. Box 206
Cedar Grove, NJ 07009
Contact: Bernice Holloway, Don Kenny
Phone: (973) 239-9107
Fax: (973) 239-6241
Web site: www.jjnegley.com
An underwriting manager operating nationwide with limits of up to $5 million. Target markets are mental health centers, alcohol and drug rehab centers, associations for retarded citizens, counseling services, family services, group homes, homeless shelters, hospices, methadone programs, sheltered workshops and social service agencies. Can also offer CGL, property and D&O. All carriers are A rated or better.
Kevin Davis Insurance Services
800 W. 6th St., #1800
Los Angeles, CA 90017
Contact: Karen Shirvanian
Phone: (877) 807-8707
Fax: (213) 626-1060
E-mail: info@kdisonline.com
Web site: www.kdisonline.com
A program manager operating nationwide with limits of $1 million. Target markets are community association D&O, homeowners associations and condominium owners associations. Umbrella and crime are also offered. Travelers is the carrier.
Lighthouse Underwriters, LLC
7630 Little River Turnpike, Ste. 100
Annandale, VA 22003
Contact: Brian Cropp
Phone: (703) 770-3700
Fax: (703) 770-3720
E-mail: croppbe@lighthousecompanies.com
Web site: www.lighthousecompanies.com
An MGA/wholesaler operating nationwide with various limits. Target markets are lawyers and IT. GL is not written. Various carriers are used to place coverage.
Market Finders Insurance Corp.
P.O. Box 6549
Louisville, KY 40206
Contact: Karen Cornett, Susan Hudgins, Charlene Curry
Phone: (800) 626-5660
Fax: (502) 426-7970
E-mail: info@mfic.com
Web site: www.mfic.com
An E&S broker/MGA that operates in IN, KY, NC, OH, SC, TN and WV with limits of up to $5 million. Target markets are consultants, architects and engineers, insurance agents, adjusters, property managers and computers. Will also offer EPLI. Evanston, USLI, J.H. Ferguson, Tudor and Colony are the carriers.
Media/Professional Insurance
2300 Main St., Ste. 800
Kansas City, MO 64108
Contact: Laura Corogenes (specialty E&O), Mary Schust (media liability plus), Alice Ergovich (cyber liability plus)
Phone: (816) 471-6118
Fax: (816) 471-6119
E-mail: marketing@mediaprof.com
Web site: www.mediaprof.com
An MGU that operates nationwide with limits of $10 million. Target markets are publishers, film producers, ad agencies, broadcasters, computer/IT/software E&O, employment agencies, PR firms, management consultants, Web site developers and Internet access providers. Will not write attorneys, architects, engineers, insurance agents, health care professionals, CPAs, actuaries or financial advisors. Gulf and National Casualty are the A rated carriers.
Metcom Excess
127 S. Broadway
P.O. Box 829
Nyack, NY 10960
Contact: Mark Gold, Esq.
Phone: (800) 373-1544
Fax: (845) 348-1564
Web site: www.metcomexcess.com
An MGA/E&S broker that operates in NJ and NY with limits of $5 million/$5 million. Most classes of miscellaneous E&O and professional liability are considered, including hard-to-place lawyers, distressed doctors, insurance brokers, accountants, architects and tech E&O. Excess liability as well as basic GL are also offered. Various A rated carriers are used.
Michael J. Kelly Insurance Agency
3463 State St., Ste. 224
Santa Barbara, CA 93105
Contact: Michael J. Kelly
Phone: (800) 329-5355
Fax: (805) 569-8864
Web site: www.alarmchannel.com
A program administrator/SL broker that operates nationwide with limits of $1 million-$10 million. Target markets are alarm/security and telecommunications, and ISP operations networks. Can also offer GL, auto, property, D&O and workers comp. Various A rated or better carriers are used.
M.J. Kelly Co., Inc.
4415 E. Sunshine
Springfield, MO 65809
Contact: Lori Drake, Roger Wilkinson
Phone: (800) 725-7211
E-mail: ldrake@mjkelly.com
rwilkinson@mjkelly.com
Web site: www.mjkelly.com
An E&S broker that operates in AR, CO, FL, IA, IL, KS, MO, MS, OK, TN and UT with limits of $100,000-$10 million. Target markets are nonprofit D&O, EPL, and realtors and insurance agents E&O. D&O liability and employment practices are also offered. USLI, Tudor and Essex are the A rated or better carriers.
Monitor Liability Managers, Inc.
2850 W. Golf Rd., Ste. 800
Rolling Meadows, IL 60008
Contact: David Aller, Ext. 502
Phone: (847) 806-6590
Fax: (847) 806-6282
E-mail: info@monitorliability.com
Web site: www.monitorliability.com
An underwriting management company that operates in all states with limits of up to $10 million (varies by product). D&O liability, EPL, lawyers professional liability, management liability and nonprofit D&O liability are offered. Will not write coverage for financial institutions or insurance companies. Carolina Casualty and Admiral are the A rated or better companies.
National Environmental Coverage Corp.
747 Chestnut Ridge Rd., Ste. 305
Chestnut Ridge, NY 10977
Contact: Chris Holmes
Fax: (845) 425-2853
Web site: www.necc.com
A program administrator that operates nationwide with limits of $1 million-$5 million. Target markets are environmental consultants, engineers and labs. Will also consider CGL and contractors pollution liability. Geothermal is not written. Various A rated or better carriers are used.
National Insurance Professionals Corp.
1040 N.E. Hostmark St., #200
Poulsbo, WA 98370
Contact: Barbara Seitz
Phone: (800) 275-6472
Fax: (360) 697-3688
E-mail: barbaras@nipc.com
kathys@nipc.com
Web site: www.nipc.com
A program administrator that operates in all states with varied limits. Target markets are career professionals and consultants. EPLI and BOP also may be available. Will not write accountants. USLI and Lloyd's are the A rated or better carriers.
National Specialty Underwriters, Inc.
155 108th Ave. NE, Ste. 800
Bellevue, WA 98004
Contact: Ed Zarella, Jonathan Waterman, Craig Rue
Phone: (425) 450-1090
Fax: (425) 450-1026
E-mail: Ezarella@nsui.com jwaterman@nsui.com crue@nsui.com
Web site: www.nsui.com
A program administrator/niched wholesaler that operates nationwide with limits that vary depending on territory (primary and excess available). Target markets are hospitals, medical facilities and nonstandard physicians. Long term care is not written. Also offered is medical professional liability. Approximately 14 A rated or better carriers are used to place coverage.
New Markets Insurance Agency
55 Haddonfield Road
Cherry Hill, NJ 08002
Contact: Phil Twietmeyer, Karen Jordan
Phone: (800) 633-3390
Web site: www.newmarketsagency.com
An MGA that operates in all states except HI with limits of up to $25 million. Health care, architects and engineers, school board legal and nonprofit D&O are offered. Ace, Arch and Interstate National are the A rated or better carriers.
NIF Group-North Island/NIF Pro
30 Park Ave.
Manhasset, NY 11030
Contact: Nancy Williams, David Vicari, Michael Defeo
Phone: (800) 892-8892
Fax: (516) 365-9566
E-mail: marketing@nifgroup.com
Web site: www.nifgroup.com
An E&S broker/specialty intermediary that operates in all states with limits of up to $100 million. Licensed for surplus lines in CT, FL, GA, MA, NJ, NY, PA, and RI. Can offer D&O, EPLI (stand-alone or combined product) and any third-party service for others for a fee. All carriers are A rated or better.
OLANDIS
200 E. Randolph St., Ste. 1700
Chicago, IL 60601
Contact: Tom Delancy, Maria Heller
Phone: (800) 542-6912
Fax: (312) 381-6195
E-mail: olandis@fprsi.com
Web site: www.olandis.fprsi.com
An MGU that operates nationwide with limits of $5 million in program, with excess limits available. Target market is mortgage bankers/brokers. Nonfinancial institutions are not written. Also offered are fidelity bond, D&O and mortgage impairment. Lloyd's and Gulf are the carriers.
PBS Insurance Underwriting Corp.
303 Middletown Park Pl., Ste. 7
Louisville, KY 40243
Contact: Jack Smith, Stacey Nall
Phone: (800) 216-1056
Fax: (502) 254-1056
E-mail: pbsinsurance.com
Web site: www.pbsinsurance.com
An E&S broker/wholesaler that operates in KS, NY and WI with limits up to $10 million aggregate. Target markets are physicians, surgeons, clinics, hospitals (most medical professionals and related classes) and small aircraft. Will not write attorneys. Also offers med malpractice, professional liability, aviation, E&O, D&O and bonds. Carriers are A rated or better.
Prime Insurance Syndicate Inc./I.E.B.S.
P.O. Box 4439
Sandy, UT 84091
Contact: Rich J. Lindsey
Phone: (877) 243-8181
Fax: (801) 304-3702
E-mail: rjl@primeis.com
Web site: www.primeis.com
An insurer (Prime) and MGA (I.E.B.S./UDA) that operates nationwide with all limits. All classes and limits are considered. Both Prime and Lloyd's serve as carriers.
Professional Design Insurance Mgt. Corp.
P.O. Box 501130
Indianapolis, IN 46250
Contact: Terry M. Lee, Kenneth A. McComb
Phone: (317) 570-6945
Fax: (317) 579-6410
E-mail: terry@pdiins.com
Web site: www.pdiins.com
An E&S broker/MGA that operates nationwide with limits of $100,000-$5 million. Target market is architects and engineers. Will not write soils. Environmental is also offered. Arch Specialty, Zurich, Lexington, Everest National, National Casualty and Gulf are the A rated or better carriers.
Professional Government Underwriters, Inc.
P.O Box 35471
Richmond, VA 23235
Contact: Martin, Kanipe, Chuck Highlander
Phone: (800) 586-6502
Fax: (804) 272-7852
E-mail: chighlander@pgui.com
Web site: www.pgui.com
An MGU/program administrator that operates nationwide with limits of up to $5 million. Target markets are public entities, educational entities and nonprofits. Umbrella/excess liability is also offered. United National and Old Republic are the A rated or better carriers.
Professional Liability Insurance Services, Inc.
8015 Bronco Lane, Ste. 100
Lago Vista, TX 78645
Contact: Underwriting Team
Phone: (800) 761-7547
Fax: (512) 327-5834
E-mail: underwriting@plisinc.com
Web site: www.plisinc.com
A national program administrator that operates nationwide with limits of up to $3 million (E&O), up to $4 million (EPL), $100,000/$300,000 to $5 million/$10 million (LPL), open (D&O), and various options for TNR. Will consider all classes. Also offered are EPLI, E&O, D&O, LPL, and TNR. Lloyd's is the A rated or better carrier.
Professional Underwriters Liability Insurance Co.
12121 Wilshire Blvd., Ste. 601
Los Angeles, CA 90025
Contact: Stephen Freedman, Cheri Priddy
Phone: (800) 537-7362
Fax: (310) 571-0886
E-mail: info@warschaw.com
Web site: www.warschaw.com
An insurer that operates in all states except KS, NH, NY and RI with limits of up to $1 million/$3 million. Target markets are any physician, surgeon, podiatrist or dentist unable to obtain coverage in the standard markets. All carriers are rated A.
RA&MCO Ins. Services
2300 Clayton Rd., Ste. 1100
Concord, CA 94520
Contact: James L. Bechter
Web site: www.ramco-ins.com
An underwriting agency that operates nationwide with limits up to $5 million "in house." Target markets are architects, engineers and related classes. CGL is not written. Contractors professional liability is also offered. Great American is the A rated carrier.
R.J. Bostick & Associates, Inc.
38029 Third St.
Willoughby, OH 44094
Contact: Robert J. Bostick, Jr., Jana L. Miozzi, Jim Bolino
Phone: (800) 969-2463
An E&S broker that operates nationwide with various limits. Will consider all miscellaneous lines. Can offer D&O, fiduciary and package. Chubb, National Union, Houston, Markel, and Axis Specialty are the carriers.
RMA Brokerage, LLC, dba Caitlin-Morgan Insurance
8465 Keystone Crossing, Ste. 190
Indianapolis, IN 46240
Contact: Sean P. Murray
Phone: (800) 723-7475
Fax: (517) 205-4440
E-mail: sean.murray@insurance-services.com
An MGA/E&S broker that operates nationwide (MGA program only in IN) with various limits. Target markets are nursing home PL/GL and alternative market PL/GL (individual or group). Various carriers are used to place coverage.
Robert A. Schneider Agency
5620 Smetana Dr.
Minnetonka, MN 55343
Contact: Steve Libor
Phone: (800) 832-6038
Fax: (952) 938-0701
E-mail: rs@rasinc.com
Web site: www.rasinc.com
An MGA/E&S broker that operates in IA, MN, ND, SD and WI with limits of $5 million. Will consider all types of professional liability exposures. Property/casualty is also offered. USLI, Evanston, United National and Fireman's Fund are the A rated or better carriers.
Rockwood Programs, Inc.
4001 Miller Rd.
Wilmington, DE 19802
Contact: Kathy Hasted (insurance agents and podiatric physicians), Tom Nolan (IT consultants)
Phone: (800) 365-0816
E-mail: kathy.hasted@rockwoodinsurance.com tom.nolan@rockwoodinsurance.com
Web site: www.rockwoodinsurance.com
An MGA that operates in all states for most coverages, with limits of up to $5 million that vary by line of business. Target markets are insurance agents ($250,000 or less in commission income), podiatric physicians, IT consultants (23 service classes, both a media form and a technology form). AVEMCO and Lloyd's are the A rated or better carriers.
Rockwood Specialty, Inc.
4001 Miller Rd.
Wilmington, DE 19802
Contact: Tom Nolan
Phone: (800) 330-7571
E-mail: tom.nolan@rockwoodinsurance.com
Web site: www.rockwoodinsurance.com
A wholesale broker that operates nationwide with limits of up to $20 million, with access to higher excess limits if needed. Target markets are P-C and life insurance agents, miscellaneous professional, MGAs, TPAs, real estate agents, title agents, viatical/life settlement brokers. All carriers are A rated or better.
Roush Insurance Services, Inc.
P.O. Box 1060
Noblesville, IN 46061
Contact: Gail Pierce, Anthony Armor
Phone: (800) 752-8402
Fax: (317) 776-6891
E-mail: gail.pierce@roushins.com tony.armor@roushins.com
Web site: www.roushins.com
An MGA operating in IL, IN and OH only with limits of $1 million (per occurrence)/$2 million (aggregate); higher limits available on many classes. Target markets are professional for counselors, day-care centers, health clubs; E&O for consultants, adjusters, computer programmers, appraisers, travel agents, tax preparers, financial planners, title agents/abstractors, and others. Also offered are property, GL, commercial auto and EPL. Scottsdale, Tudor, Evanston, Essex, and Gulf are the A rated or better carriers.
R.V. Nuccio & Associates, Inc.
P.O. Box 307
Fawnskin, CA 92333
Contact: Kerri
Phone: (800) 567-2685
Web site: www.rvnuccio.com
A general agent operating nationwide with limits of $5 million. Target market is nonprofit organizations. Will not consider nonprofit D&O only and EPLI. GL, property and crime are also offered. Fireman's Fund is the carrier.
S.H. Smith & Co.
41 N. Main St.
West Hartford, CT 06107
Contact: John Grise, Blake Hamre, Steve Hunziker
Phone: (800) 356-0168
Fax: (860) 561-3606
E-mail: johng@shsmith.com
Web site: www.shsmith.com
An MGA/E&S broker operating nationwide with limits of up to $10 million. Target market is miscellaneous classes; copyright infringement and mold coverage are also offered. Scottsdale, Admiral, Maxum, Great American, Gulf, Royal and Evanston are the carriers.
Smith, Bell & Thompson, Inc.
40 Main St., Ste. 500
Burlington, VT 05402
Contact: Bill Thompson, Doug Grahn, Lynn Vallee
Phone: (802) 658-4600
Fax: (802) 658-6191
E-mail: thompson@sbtinsurance.com
Web site: www.sbtinsurance.com
An MGA that operates in all states with limits that vary by program. Target markets are home health care and medical equipment suppliers, social services, medical facilities and lawyers professional liability. AIG is the A rated carrier.
Southern Insurance Underwriters, Inc.
P.O. Box 105609
Atlanta, GA 30348
Contact: Dale Borer, Pam Royalty, Stacy Stover
Phone: (800) 568-1700
Fax: (678) 498-4609
E-mail: dborer@siuins.com proyalty@siuins.com sstover@siuins.com
Web site: www.siuins.com
An MGA/E&S broker that operates nationwide with limits of$5 million-plus. All professional liability classes are considered; GL and property are also offered. All carriers are A rated or better.
Sullivan Healthcare Insurance Services
800 W. 6th St., # 1700
Los Angeles, CA 90017
Contact: Sheila Callison, John McCann, Scott Myklebust
Phone: (800) 252-6355
Fax: (213) 629-3161
E-mail: info@sullivanhc.com
Web site: www.sullivanhc.com
An E&S broker operating nationwide with limits of $50 million. Target markets are hospitals, facilities and clinics, physician groups and physicians. Various carriers are used to place coverage.
Superior Access Insurance Services
3 Whatney, 2nd fl.
Irvine, CA 92618
Contact: Keith Lowers
Phone: (800) 272-7550
Fax: (888) 272-7550
E-mail: klowers@superioraccess.com
Web site: www.superioraccess.com
An MGA/E&S broker operating nationwide with limits of $5 million. Target market is lawyers. Will not consider medical. AIG and Lloyd's are the A rated carriers.
Surplus Ins. Brokers Agency, Inc.
P.O. Box 749
South Bend, IN 46624
Contact: Carol Dhoore, Sean Urbanski, Martha Salwin
Phone: (800) 342-5706
Fax: (800) 578-7758
E-mail: cdhoore@surplusins.com
Web site: www.surplusins.com
An MGA that operates in IN only with limits of $1 million. Can offer GL. Lloyd's is the carrier.
Thomson & Pratt Insurance Associates, Inc.
1223 Wilshire Blvd., #590
Santa Monica, CA 90403
Contact: Thomas Pratt
Phone: (877) 334-6327
Fax: (310) 393-7669
E-mail: fineartguy@aol.com
Web site: www.fineartguy.com
A broker that operates in AZ, CA, CO, DC, DE, FL, MT, NC, NJ, NM, NY and TX, with unlimited limits. Target market is fine arts. Markets that are not fine art related are not considered. Several carriers are used to place coverage.
United Brokers Inc.
P.O. Box 1243
New Albany, IN 47151
Contact: Crystal Burns, Janice Taylor
Phone: (800) 444-4824
Web site: www.ubinc.com
An MGA/E&S broker that operates nationwide with limits of up to $3 million for most risks. Target markets are insurance agents E&O, real estate agents E&O, med mal, consultants E&O and others. EPLI is also offered. Evanston and USLI are the A rated or better carriers.
U.S. Risk Insurance Group, Inc.
10210 N. Central Expy., Ste. 500
Dallas, TX 75231
Contact: Keli Smith, Jay Alston
Phone: (800) 232-5830
Fax: (214) 265-4932
E-mail: keli@usrisk.com jay@usrisk.com
Web site: www.usrisk.com
An MGA that operates nationwide with limits of $2 million. Target markets are insurance adjusters and independent consultants. Will not write medical exposures. Also offered are real estate agents liability, insurance liability and home inspectors. Lloyd's is the A rated carrier.
Venture Programs
P.O. Box 1329
West Chester, PA 19380
Contact: Bill Dalton
Phone: (800) 282-6247
Web site: www.ventureprograms.com
A program manager operating in all states with limits of $1 million/$2 million (excess limits up to $25 million SIR are also available). Target markets are manufacturing, engineering, design, construction, and aerospace. Will not write pharmaceutical and software developers. Can offer IP defense coverage. Lloyd's (Hiscox Syndicate 33) is the carrier.
Victor O. Schinnerer & Co., Inc.
2 Wisconsin Circle
Chevy Chase, MD 20815
Contact: Jeff Grigsby, Mary Landen
Phone: (301) 961-9800
Fax: (301) 951-5444
Web site: www.schinnerer.com
An underwriting manager that operates in all states with limits as high as $25 million, depending on the program. Will not write medical professional, lawyers or accountants. May provide D&O, EPL or P-C coverages, depending on the program. CNA, CNA Surety, Indian Harbor and Gulf are the A rated or better carriers.
Walterry Insurance Brokers
7411 Old Branch Ave.
Clinton, MD 20735
Contact: Walter J. Coady, Steven Thomas
Phone: (800) 638-8791
Fax: (301) 868-2611
E-mail: insurance@walterry.com
Web site: www.walterry.com
An MGA that operates in all states with limits of up to $15 million. Target markets are newspapers, broadcast stations, and film and TV producers. Chubb is the A rated or better carrier.
Western World Insurance Co.
400 Parson's Pond Dr.
Franklin Lakes, NJ 07417
Contact: Timothy P. Hochkeppel
Phone: (201) 847-8600
Fax: (201) 847-1010
Web site: www.westernworld.com
An insurer that operates nationwide with limits of$1 million/$2 million. Target marketis smaller/lighter risks. Can write GL and property. Both Western World and Tudor are A rated or better carriers.
Yates & Associates Insurance Services
2100 E. Fourth St., 2nd fl.
Santa Ana, CA 92705
Contact:
Santa Ana branch
Phone: (800) 378-8588
Laurie Mann, Ext. 231
lmann@yates-assoc.com
Maria Guerra, Ext. 243
mguerra@yates-assoc.com
Stockton branch
Phone: (800) 472-7043
Bob Mestayer, Ext. 202
rmestayer@yates-assoc.com
Glendale branch
Phone: (818) 551-4588
John Upchurch, Ext. 100
jupchurch@yates-assoc.com
Web site: www.yates-assoc.com
An E&S/wholesale broker that operates in CA and NV only, with limits of $5 million/$5 million and excess limits available. Target markets are miscellaneous E&O, agents E&O, D&O, and architects and engineers. Will not write home inspectors E&O. Can also offer GL, EPLI and D&O. Evanston, Markel, Tudor, Lloyd's, Philadelphia and Admiral are the A rated or better carriers. *