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To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.
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Hiscox offers tech E&O policy
ARMONK, N.Y.Hiscox USA has begun providing technology errors and omissions insurance to U.S. businesses directly from its two New York locations.
The technology E&O coverage will be written on a nonadmitted basis through Hiscox USA's offices in Manhattan and Armonk. The coverage is available to brokers throughout the United States.
Features of the E&O program include:
For more information, contact Oliver Brew, vp technology, media and telecom underwriting, at 914-273-7448 or firstname.lastname@example.org; or Brian Thornton, vp technology, media and telecom underwriting, at 914-273-7449 or email@example.com.
Amaxx develops online comp program
MANSFIELD, Conn.Amaxx Risk Solutions Inc. has developed an online workers compensation cost-containment program, Workers' Comp Kit, which is designed to give employers tools to cut workers comp costs.
An easy-to-use best-practice assessment questionnaire gives users a numeric score and recommendations of steps to take to improve performance and speed employees' return to work.
A 10-module improvement plan offers more than 60 forms, sample letters, sample employee policies and formatted brochures to use in injury-management procedures. All of the documents are available in English and Spanish.
Licenses for large users are available, and the program is available for private labeling.
For more information, visit www.workerscompkit.com or contact Mansfield, Conn.-based Amaxx Risk Solutions at 860-456-5540 or firstname.lastname@example.org.
General Star offers loss of rents program
STAMFORD, Conn.General Star Management Co., a unit of Berkshire Hathaway Inc., has developed a Florida loss of rents property program.
The program provides stand-alone business interruption coverage for apartment risks in cases where insurers do not provide the coverage. Policy limits of up to $5 million are available, subject to location and construction.
Coverage is available in select counties in Florida on a nonadmitted basis through General Star's designated surplus lines brokers and will be written by General Star Indemnity Co.
For more information, contact Vp Gary Bliss at 212-859-3952, Vp David Jackson at 404-239-6790, Assistant Vp Regina Corson at 213-236-1722 or visit www.generalstar.com.
AIG Specialty Excess adds liability enhancements
NEW YORKAIG Specialty Excess, an umbrella and excess casualty underwriting unit of American International Group Inc., has added Accident Site Advisor and PublicResponse to its excess liability insurance.
The free enhancements, catering to construction and public entity classes of business, will give policyholders immediate access to the funds and support needed to respond to a casualty crisis.
AIG Specialty Excess has designed Accident Site Advisor for the construction industry and PublicResponse for public entities, to help policyholders in the high-risk sectors quickly address a casualty crisis and minimize damage to their finances and reputation. In the event of a significant accident or crisis, a 24-hour toll-free hotline links to AIG claims specialists and activates the response service.
Accident Site Advisor and PublicResponse advance up to $250,000 of the policy limit to immediately defray costs of covered damages following a crisis situation. Also provided is a separate limit of $50,000 for the fees of a public relations or crisis management firm to help execute a strategic public response and protect the business reputation of the policyholder.
For more information on AIG Specialty Excess, Accident Site Advisor or PublicResponse, please contact Lea Spacek, marketing and communications specialist, at 212-458-2696 or email@example.com.