DIRECTORY OF ALTERNATIVE RISK-FINANCING FACILITIES ( W)

W

Water, Wastewater & Process Equipment Manufacturers Insurance Co. Inc.

AIG Insurance Management Services Inc., 156 College St., Burlington, Vt. 05401; 802-658-9405

Domicile: Hawaii.

Risks: Product liability.

Limits: $200,000 primary.

Minimum retention: $10,000.

Policy form: Occurrence.

Access: Specific broker.

First policy: November 1989.

1996 premium volume: $467,000.

1996 assets: $2.5 million.

1996 capital/surplus: $1.7 million.

Policyholders: 33 in 1996.

Membership: Water & Wastewater Equipment Manufacturers Assn.

Contact: Ann Wick or David Provost.

Western Pacific Mutual Insurance Co., a Risk Retention Group

RiskCap, 1571 Race St.,

Denver, Colo. 80206;

303-388-5688

Domicile: Colorado.

Risks: New home warranty.

Limits: Home price.

Policy form: Claims-made.

Access: Warranty administrator.

First policy: July 1990.

1996 premium volume: $10.6 million; $20.9 million in deposit premiums.

1996 assets: $40.7 million.

1996 capital/surplus: $13 million.

Membership: Home construction and sales.

Contact: Sherlyn Farrell.

Wrenford Insurance Co. Ltd.

International Risk Mangement (Bermuda) Ltd., Belvedere Building, P.O. Box HM 600, Hamilton HM CX, Bermuda; 441-295-0713

Domicile: Bermuda.

Risks: Global all-risks property, primarily highly protected risks.

Limits: Unlimited excess of $25,000 deductibles for property damage and business interruption losses.

Minimum Retention: $150,000.

Policy form: Occurrence.

Access: Must be captive insurance company related business.

First policy: June 1975.

1996 assets: $2.6 million.

1996 capital/surplus: $660,000.

Policyholders: Three in 1996; three estimated in 1997.

Membership: Metal working, electrical.

Contact: Anna W. Summers.