BI directory of alternative risk financing facilities
Comments Email ReprintsAmerican Assn. of Orthodontists Insurance Co. Risk Retention Group Inc.
Vermont Insurance Management Inc.
P.O. Box 306
Montpelier, Vt. 05601;
802-229-5042; fax: 802-229-6280
Domicile: Vermont.
Risks: orthodontists professional liability; general liability.
Limits: $500,000 per occurrence.
Minimum retention: $150,000.
Policy form: claims-made/occurrence.
Access: direct.
First policy: June 1995.
1999 premium volume: $3,618,277.
1999 assets: $10,545,922.
1999 capital/surplus: $3,175,310.
Policyholders: 2,894 in 1999; 2,950 estimated in 2000.
Membership: American Assn. of Orthodontists.
Contact: Andrew Sargeant.
American Bankers Professional & Fidelity Insurance Co. Ltd.
Atlantic Security Ltd.
Windsor Place, 18 Queen St.
Hamilton, HM 11 Bermuda;
441-295-5425; fax: 441-295-5444
Domicile: Bermuda.
Risks: computer crime; D&O liability; dishonesty bond; employment practices liability insurance; financial institution bond; safe depository disability; stamp bond; trust E&O.
Limits: $15,000,000 D&O liability; $15,000,000 financial institution bond; $1,000,000 dishonesty bond; $5,000,000 safe depository liability; $2,000,000 stamp bond; $5,000,000 trust E&O; $5,000,000 employment practices liability. $6,000,000 computer crime.Minimum retention: $5,000*.
Policy form: claims-made.
Access: all brokers, direct.
First policy: February 1987.
1999 premium volume: $14,500,000.
1999 assets: $84,000,000.
1999 capital/surplus: $23,000,000.
Policyholders: 1,100 in 1999; 1,200 estimated in 2000.
Membership: American Bankers Assn.
Contact: Dueane S. Dill.
*Financial institution bond, dishonesty bond, safe depository liability, employment practices liability coverage and computer crime coverage is on a discovery basis.
American Excess Insurance Exchange Risk Retention Group
Marsh & McLennan Cos. Inc.
7 Burlington Square, Sixth Floor, P.O. Box 530
Burlington, Vt. 05401;
858-509-6566; fax: 858-481-8098
Domicile: Vermont.
Risks: excess professional liability; general liability.
Limits: primary $50,000,000.
Minimum retention: $2,000,000.
Policy form: claims-made.
Access: direct.
First policy: June 1990.
1999 premium volume: $22,000,000.
1999 assets: $197,000,000.
1999 capital/surplus: $100,000,000.
Policyholders: 20 in 1999; 21 estimated in 2000.
Contact: Randy Gore.
American Safety Risk Retention Group Inc.
American Safety Insurance Services Inc.
1845 The Exchange
Atlanta, Ga. 30339;
770-916-1908; fax: 770-955-8339
www.americansafetygroup.com
Domicile: Vermont.
Risks: environmental impairment liability; general liability; professional liability; pollution liability; surety bonding; auto liability; workers comp; umbrella liability.
Limits: $1,000,000 primary and/or $14,000,000 excess of $1,000,000.
Minimum retention: $25,000.
Policy form: claims-made/occurrence.
Access: all brokers.
First policy: April 1988.
1999 premium volume: $12,265,516.
1999 assets: $9,738,305.
1999 capital/surplus: $5,107,418.
Policyholders: 648 in 1999; 850 estimated in 2000.
Contact: Steve Crim.
CPA Mutual Risk Co. of America Risk Retention Group
CPA Mutual Management Inc.
2811 N.W. 41st St., Suite A-2
Gainesville, Fla. 32606;
800-543-3029; fax: 352-375-0429
www.cpamutual.com
Domicile: Vermont.
Risks: CPA firms.
Limits: $20,000,000.
Minimum retention: $1,000.
Policy form: claims-made.
Access: direct.
First policy: July 1987.
1999 premium volume: $7,156,291.
1999 assets: $40,604,776.
1999 capital/surplus: $12,507,464.
Policyholders: 564 in 1999; 630 estimated in 2000.
Contact: Bill Thompson.
Casting Manufacturers Insurance Ltd.
Atlantic Security Ltd.
Windsor Place, 18 Queen St.
Hamilton, HM 11 Bermuda;
441-295-5425; fax: 441-295-5444
Domicile: Bermuda.
Risks: completed operations liability; contractual liability; general liability; product liability.
Limits: $5,000,000.
Policy form: claims-made.
Access: all brokers, direct.
First policy: October 1981.
1999 premium volume: $176,000.
1999 assets: $6,000,000.
1999 capital/surplus: $5,000,000.
Policyholders: 32 in 1999; 37 estimated in 2000.
Membership: Michigan Tooling Assn.
Contact: Dueane S. Dill.
College Liability Insurance Co. Ltd., A Risk Retention Group
Hawaii Captive Insurance Management Inc.
1164 Bishop St., Suite 1411
Honolulu, Hawaii 96813;
808-538-7766; fax: 808-538-7780
Domicile: Hawaii.
Risks: auto liability; educator's legal liability; general liability.
Limits: $100,000 per occurrence.
Policy form: claims-made/occurrence.
Access: direct.
First policy: July 1988.
1999 premium volume: $1,201,000.
1999 assets: $6,211,857.
1999 capital/surplus: $2,541,005.
Policyholders: 7 in 1999; 7 estimated in 2000.
Membership: West Coast College Consortium.
Contact: B. Troy Winch; 808-538-7766, ext. 2.
Columbia National Risk Retention Group
Marsh & McLennan Cos. Inc.
7 Burlington Square, Sixth Floor, P.O. Box 530
Burlington, Vt. 05401;
802-864-5515; fax: 802-864-5764
Domicile: Vermont.
Risks: home warranty.
Limits: The lesser of: the original sales prices of each home; or $1,000,000, subject to a retained deductible of $300,000 per home.
Minimum retention: $300,000.
Policy form: occurrence.
Access: captive.
First policy: April 1998.
1999 premium volume: $307,050.
1999 assets: $1,695,556.
1999 capital/surplus: $1,695,556.
Policyholders: 7 in 1999; 7 estimated in 2000.
Contact: Jennifer Gravelle.
Consumer Specialties Insurance Co. Risk Retention Group
Vermont Insurance Management Inc.
P.O. Box 306
Montpelier, Vt. 05601;
802-229-5042; fax: 802-229-6280
Domicile: Vermont.
Risks: commercial general liability.
Limits: $5,000,000 per occurrence/ $5,000,000 aggregate and excess of $5,000 self-insured retention.
Policy form: claims-made.
Access: all brokers.
First policy: October 1987.
1999 premium volume: $829,223.
1999 assets: $7,167,177.
1999 capital/surplus: $4,450,152.
Policyholders: 41 in 1999; 27 estimated in 2000.
Membership: Chemical Specialties Manufacturers Assn.
Contact: Andrew Sargeant.
Controlled Risk Insurance Co. of Vermont (A Risk Retention Group)
Marsh & McLennan Cos. Inc.
7 Burlington Square, Sixth Floor, P.O. Box 530
Burlington, Vt. 05401;
802-864-1712; fax: 802-864-5764
Domicile: Vermont.
Risks: general liability; medical malpractice.
Limits: $5,000,000 to $10,000,000 per occurrence.
Minimum retention: $50,000.
Policy form: claims-made/occurrence.
Access: all brokers.
First policy: January 1995.
1999 premium volume: $36,131,114.
1999 assets: $33,410,377.
1999 capital/surplus: $10,072,799.
Policyholders: 32 in 1999; 32 estimated in 2000.
Contact: Kathryn M. Boucher.
ELSIP (Excess-of-Loss Self-Insurance Pool)
RiskCap Inc.
1655 Lafayette St., Suite 200
Denver, Colo. 80218;
303-388-5688; fax: 303-388-5585
www.riskcap.com
Domicile: Colorado.
Risks: E&O; general liability; property liability.
Limits: $1,000,000.
Policy form: occurrence.
Access: Colorado school districts.
First policy: July 1990.
1999 premium volume: $150,000.
1999 assets: $412,000.
1999 capital/surplus: $400,500.
Policyholders: 3 in 1999; 3 estimated in 2000.
Contact: Richard Poling.
Eastern Dentists Insurance Co. (A Dental Society Risk Retention Group)
Willis Group Ltd.
112 Lake St.
Burlington, Vt. 05401;
802-658-9466; fax: 802-658-5520
www.edic.com
Domicile: Vermont.
Risks: general liability; professional liability.
Limits: $2,000,000 professional liability; $6,000,000 general liability.
Policy form: claims-made/occurrence.
Access: direct, brokers by invitation.
First policy: September 1992.
1999 premium volume: $4,900,000.
1999 assets: $18,300,000.
1999 capital/surplus: $3,400,000.
Policyholders: 3,200 in 1999; 3,500 estimated in 2000.
Membership: state dental societies.
Employers Equity Insurance Co.
RiskCap Inc.
1655 Lafayette St., Suite 200
Denver, Colo. 80218;
303-388-5688; fax: 303-388-5585
www.riskcap.com
Domicile: Cayman Islands.
Risks: workers compensation.
Policy form: occurrence.
Access: RMS Insurance Services.
First policy: December 1998.
1999 premium volume: $1,402,978.
1999 assets: $1,985,000.
1999 capital/surplus: $973,000.
Policyholders: 1 in 1999; 1 estimated in 2000.
Contact: Michael Murphy.
Energy Insurance Mutual Ltd.
6200 Courtney Campbell Causeway, Suite 550
Tampa, Fla. 33607;
813-287-2117; fax: 813-878-2523
www.eimltd.com
Domicile: Barbados.
Risks: D&O liability; excess general liability; general partner liability.
Limits: primary: $100,000,000 for excess general liability and $65,000,000 for excess general partner and D&O liability; excess of $25,000,000 for all risks insured.
Policy form: claims-made.
Access: all brokers, direct.
First policy: July 1986.
1999 premium volume: $57,800,000.
1999 assets: $950,500,000.
1999 capital/surplus: $406,300,000.
Policyholders: 166 in 1999; 163 estimated in 2000.
Contact: David L Hadler.
Evergreen USA Risk Retention Group Inc.
Sinser Management Services
346 Shelburne Road, Fourth Floor,
P.O. Box 64649
Burlington, Vt. 05406-4649;
802-658-1474; fax: 802-658-0697
www.evergreenusa.com
Domicile: Vermont.
Risks: privately owned campgrounds; recreational vehicle parks.
Limits: $500,000 to $1,000,000, primary $1,000,000 to $4,000,000 in excess of $1,000,000.
Minimum retention: $300,000.
Policy form: claims-made/occurrence.
Access: direct.
First policy: November 1989.
1999 premium volume: $1,330,000.
1999 assets: $5,120,000.
1999 capital/surplus: $1,500,000.
Policyholders: 377 in 1999; 429 estimated in 2000.
Contact: George Chafee.
Exporters Insurance Co. Ltd.
BF&M Management Ltd.
The ACE Building, 30 Woodbourne Ave., P.O. Box HM 1007
Hamilton, HM DX Bermuda;
441-292-1745; fax: 441-292-8682
www.exporters.bm
Domicile: Bermuda.
Risks: export credit; political risk.
Limits: $65,000,000 primary and/or $8,000,000 in excess of $57,000,000.
Policy form: claims-made/occurrence.
Access: all brokers, direct.
First policy: March 1990.
1999 premium volume: $21,309,343.
1999 assets: $98,966,593.
1999 capital/surplus: $45,126,125.
Policyholders: 83 in 1999; 95 estimated in 2000.
Contact: Robert Svensk; Mark Reynolds.
General Eastern Ski Insurance Risk Retention Group
Vermont Insurance Management Inc.
P.O. Box 306
Montpelier, Vt. 05601;
802-229-5042; fax: 802-229-6280
Domicile: Vermont.
Risks: general liability.
Minimum retention: $250,000.
Policy form: occurrence.
Access: all brokers.
First policy: April 1988.
1999 premium volume: $794,367.
1999 assets: $5,108,041.
1999 capital/surplus: $3,122,019.
Policyholders: 4 in 1999; 5 estimated in 2000.
Contact: Andrew Sargeant.
Global International Insurance Co. Inc. A Risk Retention Group
Hawaii Captive Insurance Management Inc.
1164 Bishop St., Suite 1411
Honolulu, Hawaii 96813;
808-538-7766; fax: 808-538-7780
Domicile: Hawaii.
Risks: contractual liability.
Policy form: claims-made.
Access: direct.
First policy: July 1999.
1999 premium volume: $800,125.
1999 assets: $1,321,702.
1999 capital/surplus: $660,018.
Policyholders: 2 in 1999; 2 estimated in 2000.
Contact: B. Troy Winch; 808-538-7766, ext. 2.
Group Mortgage Reinsurance Co.
Marsh & McLennan Cos. Inc.
7 Burlington Square, Sixth Floor, P.O. Box 530
Burlington, Vt. 05401;
802-864-2031; fax: 802-864-5764
www.rimic.com
Domicile: Vermont.
1999 assets: $872,813.
1999 capital/surplus: $737,710.
Policyholders: 6 in 1999; 10 estimated in 2000.
Contact: Ronda Devino.
Guardrisk Insurance Co. Ltd.
Alexander Forbes Ltd.
Werksmans Chambers, 22 Girton Road,
East Wing
Johannesburg, 2001 South Africa;
27-11-645-2000; fax: 27-11-645-2477
www.guardrisk.com
Domicile: South Africa.
Risks: accident and health; auto liability; engineering; guarantee; property; general liability; transportation.
Limits: excess of $142,000,000.
Access: all brokers.
First policy: August 1992.
1999 premium volume: $195,000,000.
1999 assets: $157,000,000.
1999 capital/surplus: $47,000,000.
Policyholders: 70 in 1999; 70 estimated in 2000.
Contact: Volker Von Widdern.
Heritage Warranty Mutual Insurance Risk Retention Group Inc.
Hawaii Captive Insurance Management Inc.
1164 Bishop St., Suite 1411
Honolulu, Hawaii 96813;
808-538-7766; fax: 808-538-7780
Domicile: Hawaii.
Risks: contractual liability.
Policy form: claims-made.
Access: direct.
First policy: January 1999.
1999 premium volume: $68,119.
1999 assets: $1,005,078.
1999 capital/surplus: $977,895.
Policyholders: 2 in 1999; 6 estimated in 2000.
Contact: B. Troy Winch; 808-538-7766, ext. 2.
Hurst Holme Insurance Co. Ltd.
International Advisory Services Ltd.
P.O. Box 2274
Hamilton, HM JX Bermuda;
441-295-3688; fax: 441-295-1697
Domicile: Bermuda.
Risks: non-life.
Policy form: claims-made/occurrence.
Access: all brokers, direct.
First policy: January 1986.
1999 premium volume: $15,500,000.
1999 assets: $24,000,000.
1999 capital/surplus: $500,000.
Policyholders: 21 in 1999; 24 estimated in 2000.
Contact: David Pickering.
Intergovernmental Risk Management Agency
1 Oakbrook Terrace, Suite 412
Oakbrook Terrace, Ill. 60181;
630-932-4762; fax: 630-932-7378
www.irmarisk.org
Domicile: Illinois.
Risks: auto liability; crime; general liability; property; public officials; workers compensation.
Limits: $10,000,000.
Minimum retention: $1,000.
Policy form: occurrence.
Access: direct.
First policy: January 1979.
1999 premium volume: $20,221,174.
1999 assets: $132,829,536.
1999 capital/surplus: $66,002,657.
Policyholders: 76 in 1999; 76 estimated in 2000.
Contact: Sal M. Blanchi, executive director.
Joint School Districts Workers Compensation Self Insurance Pool
RiskCap Inc.
1655 Lafayette St., Suite 200
Denver, Colo. 80218;
303-388-5688; fax: 303-388-5585
www.riskcap.com
Domicile: Colorado.
Risks: employers liability; workers compensation.
Policy form: occurrence.
Access: Colorado school districts.
First policy: July 1986.
1999 premium volume: $3,550,000.
1999 assets: $11,100,000.
1999 capital/surplus: $2,100,000.
Policyholders: 4 in 1999; 4 estimated in 2000.
Contact: Michael Murphy.
Libris Indemnity Co.
RiskCap Inc.
1555 Lafayette St. Suite 200
Denver, Colo. 80218;
303-388-5688; fax: 303-388-5585
www.riskcap.com
Domicile: Cayman Islands.
Risks: general liability; property/casualty; workers compensation.
Limits: $1,000,000 per occurrence; $2,000,000 aggregate.
Policy form: occurrence.
Access: all brokers.
First policy: April 1997.
1999 premium volume: $1,166,000.
1999 assets: $2,854,000.
1999 capital/surplus: $2,063,000.
Policyholders: 610 in 1999; 706 estimated in 2000.
Contact: Richard Poling.
MPC Insurance Ltd.
Marsh & McLennan Cos. Inc.
7 Burlington Square, Sixth Floor, P.O. Box 530
Burlington, Vt. 05402-0530;
802-864-6719; fax: 802-864-5764
Domicile: Vermont.
Risks: lawyers professional liability.
Limits: $10,000,000.
Minimum retention: $500,000.
Policy form: claims-made.
Access: member firm.
First policy: September 1987.
1999 premium volume: $10,435,275.
1999 assets: $97,134,095.
1999 capital/surplus: $37,240,720.
Policyholders: 12 in 1999; 11 estimated in 2000.
Contact: Gary Griswold.
Mental Health Risk Retention Group
J.J. Negley Associates Inc.
388 Pompton Ave., P.O. Box 206
Cedar Grove, N.J. 07009;
973-239-9107; fax: 973-239-6241
Domicile: Vermont.
Risks: D&O; general liability; professional liability.
Limits: $1,000,000 per occurrence; $3,000,000 aggregate.
Policy form: claims-made/occurrence.
Access: all brokers.
First policy: January 1988.
1999 premium volume: $5,531,226.
1999 assets: $9,856,358.
1999 capital/surplus: $2,978,013.
Policyholders: 70 in 1999; 75 estimated in 2000.
Contact: Marilyn Udis.
N.A.D.A. Indemnity Inc. dba ACECO
RiskCap Inc.
1655 Lafayette St., Suite 200
Denver, Colo. 80218;
303-388-5688; fax: 303-388-5585
www.riskcap.com
Domicile: Colorado.
Risks: golf tournament prize indemnity.
Policy form: occurrence.
Access: National Automobile Dealers Assn.
First policy: April 1997.
1999 premium volume: $1,522,000.
1999 assets: $1,100,000.
1999 capital/surplus: $955,000.
Membership: National Automobile Dealers Assn.
Contact: Michael Murphy.
New England Medical Center Insurance Co. of Vermont Inc. (A Risk Retention Group)
Marsh & McLennan Cos. Inc.
7 Burlington Square, Sixth Floor, P.O. Box 530
Burlington, Vt. 05402;
802-864-1713; fax: 802-864-5764
Domicile: Vermont.
Risks: medical malpractice.
Limits: $100,000 per occurrence; $1,000,000 aggregate.
Policy form: claims-made.
Access: direct.
First policy: October 1995.
1999 premium volume: $1,127,674.
1999 assets: $5,199,570.
1999 capital/surplus: $1,374,631.
Policyholders: 21 in 1999; 21 estimated in 2000.
Contact: Lori Poulin.
Nonprofits' Insurance Alliance of California
P.O. Box 8507
Santa Cruz, Calif. 95061-8507;
800-359-6422; fax: 831-459-0853
www.niac.org
Domicile: California.
Risks: auto liability; auto physical damage; D&O liability; general liability; improper sexual liability; professional liability.
Limits: $10,000,000.
Policy form: claims-made/occurrence.*
Access: all brokers.
First policy: November 1989.
1999 premium volume: $13,931,292.
1999 assets: $44,689,763.
1999 capital/surplus: $8,077,510.
Policyholders: 2,040 in 1999; 2,350 estimated in 2000.
Contact: Susan Bradshaw, vp-member services; 800-359-6422, ext. 41.
*Policy form: event trigger for D&O and improper sexual liability.
North American Builders Indemnity Co.
RiskCap Inc.
1655 Lafayette St., Suite 200
Denver, Colo. 80218;
303-388-5688; fax: 303-388-5585
www.riskcap.com
Domicile: Colorado.
Risks: auto physical damage; builders risk; comprehensive general liability; property liability; real estate E&O; workers compensation.
Policy form: claims-made/occurrence.
Access: pure captive.
First policy: May 1990.
1999 premium volume: $20,817,307.
1999 assets: $41,180,000.
1999 capital/surplus: $9,123,000.
Policyholders: 1 in 1999; 1 estimated in 2000.
Contact: Richard Poling.
Northeast Casualty Risk Retention Group
Marsh & McLennan Cos. Inc.
7 Burlington Square, Sixth Floor, P.O. Box 530
Burlington, Vt. 05402-0530;
802-864-5515; fax: 802-864-5764
Domicile: Vermont.
Risks: closure; environmental impairment liability; professional liability.
Limits: $7,693,920.
Policy form: claims-made.
Access: direct.
First policy: July 1989.
1999 premium volume: $250,000.
1999 assets: $9,915,600.
1999 capital/surplus: $9,889,600.
Policyholders: 10 in 1999; 10 estimated in 2000.
Contact: Jennifer Gravelle.
Nuclear Electric Insurance Ltd.
1201 Market St., Suite 1200
Wilmington, Del. 19801;
302-573-2240; fax: 302-888-3008
www.nmlneil.com
Domicile: Delaware.
Risks: property damage; outage.
Limits: $3,250,000,000.
Minimum retention: $1,000,000,000.
Policy form: occurrence.
Access: direct.
First policy: January 1973.
1999 premium volume: $218,055,000.
1999 assets: $5,588,735,000.
1999 capital/surplus: $4,139,676,000.
Policyholders: 81 in 1999; 81 estimated in 2000.
Contact: Larry Frantz.
OOIDA Risk Retention Group Inc.
Vermont Insurance Management Inc.
P.O. Box 306
Montpelier, Vt. 05601;
802-229-5042; fax: 802-229-6280
Domicile: Vermont.
Risks: cargo; truckers auto liability.
Limits: $750,000 to $1,000,000.
Policy form: occurrence.
Access: direct.
First policy: December 1995.
1999 premium volume: $4,483,579.
1999 assets: $3,332,979.
1999 capital/surplus: $1,376,931.
Policyholders: 842 in 1999; 950 estimated in 2000.
Membership: Owner-Operator Independent Drivers Assn.
Contact: Andrew Sargeant.
Oil Casualty Insurance Ltd.
Oil Management Services Ltd.
Ace Building, 30 Woodbourne Ave.
Pembroke, HM O8 Bermuda;
441-295-0905; fax: 441-295-0351
www.ocil.bm
Domicile: Bermuda.
Risks: D&O liability; excess general liability.
Limits: $100,000,000 (excess general liability); $50,000,000 (D&O liability).
Minimum retention: $50,000,000.*
Policy form: claims-made.
Access: Bermuda brokers.
First policy: 1986.
1999 premium volume: $18,662,000,000.
1999 assets: $680,915,000,000.
1999 capital/surplus: $390,401,000.
Policyholders: 57 in 1999; 65 estimated in 2000.
Contact: Jack Wesley, COO/senior vp.
*Minimum retention for D&O is $25,000,000.
Oil Insurance Ltd.
Oil Management Services Ltd.
ACE Building, 30 Woodbourne Ave.
Pembroke, HM 08 Bermuda;
441-295-0905; fax: 441-295-0351
www.oil.bm
Domicile: Bermuda.
Risks: marine hulls; property; pollution liability; well control.
Limits: $225,000,000 per occurrence and excess of $5,000,000.
Minimum retention: $5,000,000.
Policy form: occurrence.
Access: Bermuda brokers, direct.
First policy: January 1972.
1999 premium volume: $89,807,000.
1999 assets: $3,093,309,000.
1999 capital/surplus: $2,082,687,000.
Policyholders: 45 in 1999; 47 estimated in 2000.
Contact: Jon R. King, president/CEO.
Ophthalmic Mutual Insurance Co. (A Risk Retention Group)
Marsh & McLennan Cos. Inc.
655 Beach St.
San Francisco, Calif. 94109;
415-771-1002; fax: 415-771-7087
www.omic.com
F
Domicile: Vermont.
Risks: D&O liability; E&O; employment protection liability; fraud and abuse; professional liability.
Limits: $1,000,000 to $10,000,000.
Policy form: claims-made.
Access: direct, brokers access available under limited circumstance.
First policy: October 1987.
1999 premium volume: $15,047,925.
1999 assets: $62,732,493.
1999 capital/surplus: $21,516,408.
Policyholders: 2,012 in 1999; 2,150 estimated in 2000.
Membership: American Academy of Ophthalmology.
Contact: James Holzer; 415-771-1002, ext. 14.
PAR Ltd. Program
Mutual Risk Captive Group Ltd.
3088 Briarcliff Road, N.E., Suite A-1
Atlanta, Ga. 30329;
404-325-1466; fax: 404-325-7177
www.parltd.com
Domicile: Bermuda.
Risks: professional liability.
Limits: $15,000,000.
Minimum retention: $25,000.
Policy form: claims-made.
Access: direct.
First policy: December 1986.
1999 premium volume: $6,400,000.
1999 assets: $45,000,000.
1999 capital/surplus: $16,000,000.
Policyholders: 100 in 1999; 102 estimated in 2000.
Contact: Demmie Hicks.
Paratransit Insurance Co., A Mutual Risk Retention Group
Marsh & McLennan Cos. Inc.
1000 Ridgeway Loop Road
Memphis, Tenn. 38120;
901-761-1550; fax: 901-684-3539
Domicile: Tennessee.
Risks: commercial auto liability; livery business.
Limits: $5,000,000 primary.
Minimum retention: $25,000.
Policy form: occurrence.
Access: all brokers, direct.
1999 premium volume: $2,200,000.
1999 assets: $12,000,000.
1999 capital/surplus: $2,800,000.
Policyholders: 32 in 1999; 36 estimated in 2000.
Contact: David Cook.
Physicians Reimbursement Fund Inc., A Risk Retention Group
Vermont Insurance Management Inc.
P.O. Box 306
Montpelier, Vt. 05601;
802-229-5042; fax: 802-229-6280
Domicile: Vermont.
Risks: medical malpractice.
Limits: $500,000 per occurrence; $1,500,000 aggregate.
Policy form: occurrence.
Access: direct.
First policy: July 1998.
1999 premium volume: $1,362,686.
1999 assets: $14,117,861.
1999 capital/surplus: $4,502,273.
Policyholders: 195 in 1999; 180 estimated in 2000.
Membership: California Medical Board approved.
Contact: Andrew Sargeant.
Premier Insurance Exchange, Risk Retention Group
Marsh & McLennan Cos. Inc.
7 Burlington Square, Sixth Floor,
P.O. Box 530
Burlington, Vt. 05401;
858-509-6566; fax: 858-481-8098
Domicile: Vermont.
Risks: D&O liability.
Limits: primary and/or $25,000,000.
Policy form: claims-made.
Access: direct.
First policy: May 1996.
1999 premium volume: $4,000,000.
1999 assets: $31,000,000.
1999 capital/surplus: $24,000,000.
Policyholders: 68 in 1999; 64 estimated in 2000.
Contact: Randy Gore.
Program Beta Risk Management Authority
Beta Healthcare Group
1443 Danville Blvd.
Alamo, Calif. 94583;
925-838-6070; fax: 925-838-6088
www.programbeta.com
Domicile: California.
Risks: automobile liability; D&O liability; employment practices liability; health care professional liability; general liability.
Limits: $50,000,000 primary and/or $45,000,000 in excess of $5,000,000.
Minimum retention: $1,000.
Policy form: claims-made/occurrence.
Access: all brokers, direct.
First policy: July 1979.
1999 premium volume: $26,000,000.
1999 assets: $196,000,000.
1999 capital/surplus: $40,000,000.
Policyholders: 63 in 1999; 72 estimated in 2000.
Contact: R. Corey Grove.
Radian Reinsurance Co.
Marsh & McLennan Cos. Inc.
7 Burlington Square, Sixth Floor,
P.O. Box 530
Burlington, Vt. 05401;
215-564-6600; fax: 215-405-9160
Domicile: Vermont.
Risks: excess layer of mortgage guaranty insurance.
Minimum retention: $481,475.
Policy form: occurrence.
Access: Radian Guaranty.
First policy: May 1999.
1999 premium volume: $50,116.
1999 assets: $650,813.
1999 capital/surplus: $577,304.
Policyholders: 2 in 1999; 6 estimated in 2000.
Contact: Howard Yaruss, president.
Richmond Insurance Co. Ltd.
American International Co. Ltd.
29 Richmond Road
Pembroke, HM 08 Bermuda;
441-298-5194; fax: 441-292-7969
Domicile: Barbados, Bermuda, Gibraltar.
First policy: 1986.
1999 premium volume: $34,900,000.
1999 assets: $779,000,000.
1999 capital/surplus: $31,200,000.
Contact: Ralph Rathjen, executive vp.
Sargasso Mutual Insurance Co. Ltd.
Marsh & McLennan Cos. Inc.
Victoria Hall, 11 Victoria St.
Hamilton, HM 11 Bermuda;
441-299-8827; fax: 441-297-9715
Domicile: Bermuda.
Risks: D&O liability.
Limits: $15,000,000; primary and/or $15,000,000 in excess of $15,000,000.
Minimum retention: *$250,000.
Policy form: claims-made.
Access: direct.
First policy: June 1986.
1999 premium volume: $790,129.
1999 assets: $58,810,980.
1999 capital/surplus: $42,832,120.
Policyholders: 13 in 1999; 13 estimated in 2000.
Contact: Mary Lennon.
*Minimum retention is based on and varies by asset size.
Schools Excess Liability Fund
1531 I St., Suite 300
Sacramento, Calif. 95814;
916-321-5300; fax: 916-321-5311
www.selfjpa.org
Domicile: California.
Risks: auto liability; E&O excess; general liability.
Limits: $49,000,000 excess of $1,000,000.
Minimum retention: $1,000,000.
Policy form: occurrence.
Access: direct.
First policy: March 1986.
1999 premium volume: $8,300,000.
1999 assets: $101,285,743.
1999 capital/surplus: $43,460,475.
Policyholders: 1,046 in 1999; 1,060 estimated in 2000.
Contact: John Wilson, executive director.
Sporting Activities Insurance Ltd. (SAIL)
International Advisory Services Ltd.
P.O. Box HM 2274
Hamilton, HM JX Bermuda;
441-295-3688; fax: 441-295-1697
Domicile: Bermuda.
Risks: firearms products liability.
Limits: $2,000,000.
Policy form: claims-made.
Access: direct.
First policy: June 1986.
1999 premium volume: $1,300,000.
1999 assets: $5,100,000.
1999 capital/surplus: $2,500,000.
Policyholders: 19 in 1999; 19 estimated in 2000.
Contact: David P. Pickering.
States Self-Insurers Risk Retention Group Inc.
Berkley Risk Administrators Co. L.L.C.
1 Columbus Center, Suite 641
Virginia Beach, Va. 23462;
757-490-7838; fax: 757-490-7850
www.staterrg.com
Domicile: Vermont.
Risks: excess environmental impairment liability; public entity excess liability.
Limits: $10,000,000 in excess of $100,000 minimum self-insured retention.
Minimum retention: $100,000.
Policy form: claims-made/occurrence.
Access: all brokers, direct.
First policy: July 1988.
1999 premium volume: $4,817,919.
1999 assets: $11,432,351.
1999 capital/surplus: $5,023,397.
Policyholders: 59 in 1999; 69 estimated in 2000.
Contact: Robert W. Esenberg.
Subway Owners' Mutual Insurance Co.
AIG Insurance Management Services Inc.
40 Main St., Suite 210
Burlington, Vt. 05401;
802-658-9405; fax: 802-658-0112
Domicile: Vermont.
Risks: workers compensation.
Limits: $250,000.
Policy form: occurrence.
Access: L.H. Brenner Agency.
First policy: September 1992.
1999 premium volume: $3,493,750*.
1999 assets: $8,611,379.
1999 capital/surplus: $1,065,038.
Policyholders: 1,675 in 1999; 1,800 estimated in 2000.
Contact: Ann W. Wick.
*Assumed premium written.
Sun Valley Indemnity
RiskCap Inc.
1655 Lafayette St., Suite 200
Denver, Colo. 80218;
303-388-5688; fax: 303-388-5585
www.riskcap.com
Domicile: Cayman Islands.
Risks: workers compensation.
Access: owners of captive only.
First policy: August 2000.
Policyholders: 2 estimated in 2000.
Contact: Michael Murphy.
Terra Insurance Co. (Risk Retention Group)
Vermont Insurance Management Inc.
P.O. Box 306
Montpelier, Vt. 05601;
802-229-5042; fax: 802-229-6280
Domicile: Vermont.
Risks: professional liability.
Limits: $1,000,000 per claim/$1,000,000 aggregate; primary and or $1,000,000 per claim/$1,000,000 aggregate.
Minimum retention: *$25,000.
Policy form: claims-made.
Access: direct.
First policy: April 1988.
1999 premium volume: $6,027,539.
1999 assets: $29,035,711.
1999 capital/surplus: $16,549,494.
Policyholders: 84 in 1999; 90 estimated in 2000.
Membership: Assn. of Soil and Foundations Engineers.
Contact: Andrew Sargeant.
*Minimum retention deductible.
United Educators Insurance Risk Retention Group Inc.
United Insurance Management Co.
2 Wisconsin Circle, Suite 1040
Chevy Chase, Md. 20815;
301-907-4908; fax: 301-907-4830
www.ue.org
Domicile: Vermont.
Risks: buffer excess liability; educators legal liability; ERISA/ employee benefits liability; excess liability; limited professional liability; primary general liability.
Limits: buffer excess liability, $900,000; educator's legal liability, $25,000,000; ERISA/employee benefits liability, $10,000,000; excess liability, $50,000,000; limited professional liability, $1,000,000; primary general liability, $1,000,000.
Minimum retention: $2,500*.
Policy form: claims-made/occurrence.
Access: all brokers.
First policy: March 1987.
1999 premium volume: $38,978,938.
1999 assets: $32,859,690.
1999 capital/surplus: $15,019,692.
Policyholders: 978 in 1999; 975 estimated in 2000.
Contact: Bruce Bernstein.
*Minimum retention is based on type of risk insured.
United Home Insurance Co., A Risk Retention Group
Marsh & McLennan Cos. Inc.
7 Burlington Square, Sixth Floor, P.O. Box 530
Burlington, Vt. 05402-0530;
802-864-5599; fax: 802-864-5764
Domicile: Vermont.
Risks: home warranty.
Minimum retention: $15,000.
Policy form: occurrence.
Access: direct.
First policy: January 1998.
1999 premium volume: $1,307,768.
1999 assets: $2,905,497.
1999 capital/surplus: $1,252,116.
Policyholders: 6,075 in 1999; 7,000 estimated in 2000.
Contact: Kimberly Whitcomb.
VHA Risk Retention Group Inc.
Marsh & McLennan Cos. Inc.
7 Burlington Square, Sixth Floor, P.O. Box 530
Burlington, Vt. 05402-0530;
802-864-2741; fax: 802-864-5764
Domicile: Vermont.
Risks: professional liability; general liability.
Limits: $400,000 per occurrence; $2,000,000 per hospital.
Policy form: claims-made.
Access: all brokers, direct.
First policy: July 1997.
1999 premium volume: $6,803,269.
1999 assets: $16,370,578.
1999 capital/surplus: $1,392,330.
Policyholders: 12 in 1999; 16 estimated in 2000.
Contact: Sharon L. Gazley.
Western Pacific Mutual Insurance Co., A Risk Retention Group
RiskCap Inc.
1655 Lafayette St., Suite 200
Denver, Colo. 80218;
303-388-5688; fax: 303-388-5585
www.riskcap.com
Domicile: Colorado.
Risks: new home warranty.
Policy form: claims-made.
Access: warranty administrator; Residential Warranty Corp.
First policy: July 1990.
1999 premium volume: $10,600,000.
1999 assets: $77,790,000.
1999 capital/surplus: $30,750,000.
Contact: Kathy Kranz.