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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.