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Big Boat Insurance for Racers and Cruisers

Nuts & Bolts: The U.S. Sailing Association, the national governing body for the sport, and Gowrie Barden & Brett have teamed up to offer a new big boat insurance program for U.S. Sailing members. The program offers comprehensive, customized coverage for sailboats larger than 30 feet on and off the racecourse. The big boat insurance program is available for most types of boats, including new and older boats, PHRF and Grand Prix racers, as well as cruisers. Some coverage highlights are: captain and crew, paid and unpaid; containers and equipment onshore; overland transportation; worldwide navigation optional.

Dollars: Premiums and deductibles vary by risk based on sailboat type, loss history and use. Policy limits go up to $5 million for hull and P&I.

Carrier: Several domestic carriers rated “A+” or better, admitted.

States Available: All states.

Contact: Rod Clingman, (800) 262-8911, ext. 177.

Manufacturers’ Liability

Nuts & Bolts: Kansas City-based underwriting manager and claims administrator Euclid Managers LLC launched ProtoType, an insurance product for manufacturers. The product features errors and omissions, Web site protection, security coverage, copyright and trademark infringement, defamation, privacy and other personal injury protections. Coverage is targeted to a wide range of small- and mid-sized manufacturing risks, such as furniture, lumber products, plastics, basic materials for construction, hardware, electronics and many consumer products. ProtoType is designed to respond to claims for financial loss due to a mistake in the performance of covered services. The definition of services can include many activities such as design, development, manufacturing, marketing, installation and training. In addition, coverage is included for activities performed on the insured’s Web site. All underwriting and claims administration for ProtoType will be handled by Euclid Managers’ Kansas City office.

Dollars: Minimum premiums range from $1,500 to $2,500. Up to $5 million in limits are available and minimum deductibles are $2,500.

Carrier: Hudson Insurance Group, rated “A” (excellent) XIV, by A.M. Best, nonadmitted.

States Available: All except New Hampshire, Maine, Delaware and Connecticut.

Contact: Marcia Jenson, (816) 778-0713.

Miscellaneous E&S

Nuts & Bolts: CRC Insurance Services, based in Atlanta, Ga., is offering a new E&S market for businesses such as cosmetics manufacturing, playground equipment distributor, skateboard ramp manufacturing, aftermarket auto parts, candle importing, conveyor belt manufacturing, go-kart distributing, tire distributing, seafood distributing, sporting goods manufacturing, vitamin distributing, scaffolding/aerial reach/crane, bug repellant wristbands, trailer hitch manufacturing, contact lens manufacturing, toy manufacturing, helmet manufacturing, non-invasive medical products, shutter manufacturing, safety goggles manufacturing, trailer manufacturing, motorcycle distributing, and prefab homes manufacturing. ISO endorsements.

Dollars: Policy limits are 1/2/2/1, deductible is $2,500 and the minimum premium is $7,500.

Carrier: Rated “A,” nonadmitted

States Available: All.

Contact: Jeffrey Dunn, (888) 633-6284 or jdunn@crcins.com.

To submit information for this department, e-mail: bwells@insurancejournal.com.

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