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DIRECTORY OF ALTERNATIVE RISK-FINANCING FACILITIES (N)

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New England Medical Center Insurance Co. of Vermont Inc. (A Risk Retention Group)
J&H Marsh & McLennan Inc.,
750 Washington St., Boston,
Mass. 02111; 617-636-8058
Domicile: Vermont.
Risks: Professional and general liability.
Limits: $100,000 per occurrence.
Minimum retention: $1 million.
Policy form: Claims-made.
Access: Restricted.
First policy: October 1995.
1996 premium volume: $1.2 million.
1996 assets: $3.7 million.
1996 capital/surplus: $1.7 million.
Policyholders: 19 in 1996; 19 estimated in 1997.
Membership: New England Medical Center or affiliated physician organization.
Contact: Ruth Kilduff.
Nonprofits' Insurance Alliance of California
P.O. Box 8507, Santa Cruz,
Calif. 95061; 408-459-0980
Domicile: California.
Self-managed.
Risks: General, professional, auto (liability and physical damage), D&O liability, improper sexual conduct.
Limits: $10 million primary.
Policy form: Claims-made, occurrence.
Access: All brokers.
First policy: November 1989.
1996 premium volume: $10.3 million.
1996 assets: $27.7 million.
1996 capital/surplus: $3.9 million.
Policyholders: 1,493 in 1996; 1,700 estimated in 1997.
Membership: IRC Section 501(c)(3) non-profit organizations in California.
Contact: Pamela Davis.
Nonprofits' Insurance Assn., an Interinsurance Exchange
Berkley Risk Services Inc.,
920 Second Ave. S., Suite 700, Minneapolis, Minn. 55402; 612-376-4220
Domicile: Minnesota.
Risks: Property; inland marine; general, professional, D&O and auto liability; auto physical damage and crime.
Limits: Various.
Policy form: Claims-made (D&O), occurrence.
Access: Specific broker.
First policy: 1989.
1996 premium volume: $11 million.
1996 assets: $17.3 million.
1996 capital/surplus: $10 million.
Policyholders: 1,000 in 1996; 1,100 estimated in 1997.
Membership: Organizations with IRC Section 501(c) designations in Arizona, District of Columbia, Florida, Illinois, Indiana, Iowa, Kansas, Kentucky, Maryland, Minnesota, Missouri, Nebraska, Nevada, North Carolina, North Dakota, Pennsylvania, South Carolina, South Dakota, Virginia, Washington, Wisconsin and Wyoming.
Contact: Vicki Fraher.
Nonprofits' Mutual Risk Retention Group
Vermont Insurance Management Inc., P.O. Box 306, Montpelier,
Vt. 05601; 802-229-5042
Domicile: Vermont.
Risks: General, auto, professional, D&O and umbrella liability; improper sexual conduct.
Limits: $250,000 to $2 million primary and $5 million per occurrence/$5 million aggregate excess of primary.
Policy form: Claims-made, occurrence.
Access: Direct.
First policy: November 1991.
1996 premium volume: $6.1 million.
1996 assets: $18 million.
1996 capital/surplus: $2 million.
Policyholders: 2,300 in 1996; 2,500 estimated in 1997.
Membership: Non-profit organizations holding IRC Section 501(c)(3) or (6) status providing health or human services.
Contact: Andrew Sargeant.
North American Builders Indemnity Co.
RiskCap, 1571 Race St., Denver, Colo. 80206; 303-388-5688
Domicile: Colorado.
Risks: Real estate E&O, comprehensive general liability, workers compensation, property, builders' risk, auto physical damage.
Policy form: Claims-made, occurrence.
Access: Pure captive.
First policy: May 1990.
1996 premium volume: $5 million; $1.8 million in deposit premiums.
1996 assets: $18.8 million.
1996 capital/surplus: $5.2 million.
Policyholders: One in 1996; one estimated in 1997.
Membership: National home builder and developer listed on New York Stock Exchange.
Contact: Sherlyn Farrell.
Nuclear Electric Insurance Ltd.
Delaware Risk Management Inc., 1201 Market St., Suite 1200, Wilmington, Del. 19801; 302-888-3000
Domicile: Delaware.
Risks: Nuclear property damage and business interruption.
Limits: Nuclear property: $2.25 billion excess of $500 million. Business interruption: $473.2 million excess of 21 weeks.
Minimum Retention: $500 million.
Policy form: Occurrence.
Access: Direct.
First policy: September 1980.
1996 premium volume: $225.6 million.
1996 assets: $3.1 billion.
1996 capital/surplus: $2.6 billion.
Policyholders: 79 in 1996; 79 estimated in 1997.
Membership: U.S. electric utilities.
Contact: Jeffery Palmer.
Nuclear Mutual Ltd.
Delaware Risk Management Inc., 1201 Market St., Suite 1200, Wilmington, Del. 19801; 302-888-3000
Domicile: Delaware.
Risks: Nuclear property damage.
Limits: $500 million primary.
Minimum Retention: $250,000.
Policy form: Occurrence.
Access: Direct.
First policy: April 1973.
1996 premium volume: $81.6 million.
1996 assets: $1 billion.
1996 capital/surplus: $839.4 million.
Policyholders: 42 in 1996; 42 estimated in 1997.
Membership: U.S. electric utilities.
Contact: Jeffery Palmer.