Commercial Insurance

Encompasses a broad range of coverages for businesses of all sizes. We will identify exposures and help you understand coverage options resulting in solutions specific to your business.

Commercial Property

  • Property – Building, Contents, Stock & Computer Equipment – provides protection against loss or damage caused by such perils as fire, theft, windstorm, hail, explosion, riot, aircraft, motor vehicles, vandalism, malicious mischief, riot and civil commotion, and smoke.
  • Loss of Business Income and Extra Expense
  • Builders Risk Insurance provides coverage to insure buildings for damage to property while in the course of construction.
  • Equipment Breakdown – physical and financial damage resulting from equipment breakdown
  • Crime – the loss of money, securities, and other covered property because of any dishonest act of a covered employee

Commercial Automobile

Protects assets in case of loss, injury or damage.

Liability

  • Commercial General Liability – protection from financial loss due to liability resulting from injuries to other persons or damage to their property.
  • Professional Liability – designed to protect an insured against loss due to a claim of a negligent act, error or omission by the insured.
  • Products Coverage – designed to provide protection against financial loss arising out of the legal liability incurred by a manufacturer, merchant, or distributor because of injury or damage resulting from the use of a covered product.
  • Completed Operations Coverage – covers a contractor’s liability for accidents arising out of jobs, projects or operations that were completed by the contractor.
  • Employment Practices – designed to protect the corporation, directors, officers and employees for claims resulting from wrongful termination, discrimination, sexual harassment, wrongful discipline and failure to employ or promote.
  • Employee Benefits Liability – provides protection to employers against claims brought by employees or former employees for negligent acts or omissions in the administration of the insured’s employee benefits programs.
  • Liquor Liability Coverage – designed to protect an individual or entity for bodily injury or property damage to another for which an insured may be held liable by reason of causing or contributing to the intoxication of any person; furnishing alcoholic beverages to a person under the legal drinking age or under the influence of alcohol; or violating any statute, ordinance, or regulation relating to the sale, gift, distribution, or use of alcoholic beverages.
  • Directors & Officers – covers the exposure of claims of alleged mismanagement of corporations, board and non-profit organizations
  • Umbrella & Excess Coverage – Insures losses in excess of amounts covered by other underlying liability insurance policies; also protects the insured in situations not covered by the usual liability policies.

Specialty

  • ERISA Coverage -Employee Retirement Income Security Act Legislation – applies to most private pension and welfare plans that requires certain minimum standards to protect participating employees.
  • Bonds – probate and contractors
  • Yacht Clubs; Swim and Tennis Clubs; Homeowner Associations

Workers Compensation

Pays for expenses incurred employees injured in the course of their employment, including medical, lost wages, partial and total disablement.

Cyber Coverage

  • Technology Errors and Omissions Liability – enterprise-wide and specifically tailored for today’s high-tech companies. It protects against damages due to economic loss that results from products or work and is caused by an error, omission or negligent act.
  • Network and Information Security Liability – coverage for network and information security exposures. Designed to protect against following wrongful acts that can lead to claims –
  • Failure to prevent unauthorized access to, or use of, electronic data containing private or confidential information of others
  • Failure to prevent the transmission of a computer virus
  • Failure to provide access to authorized users of the policyholder’s Web site or communications network
  • Communications and Media Liability – protects against:
  • Infringement of copyright, title, slogan, trademark, trade name, trade dress, service mark or service name in a policyholder’s “covered material”
  • Unauthorized use of any advertising material, or any slogan or title, of others in the advertising of the business, premises, products, services, work or completed work of others
  • Plagiarism or unauthorized use of a literary or artistic format, character or performance in a policyholder’s “covered material’

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