Things to look for when preparing a submission for electrical, plumbing and HVAC contractors

1. WEBCAST
Risk and Liability
Issues Affecting
Artisan Contractors
Risk and Liability
Issues Affecting
Artisan Contractors

2. Page 2
Today’s Agenda
• Intro to NIP Group
• Overview of the Artisan Contractor Program
• Things to Look For, when preparing a
submission
• Summary
• Q&A

3. About NIP

4. Page 4
About NIP Group
• A “top 100” business insurance and risk
management intermediary
• Provide a wide range of brokerage,
underwriting, and risk management services
• Entrepreneurial, innovative, and responsive
• Deep knowledge of key markets
• 20+ years of providing agents with
exceptional coverage, competitive
commissions, and fast, efficient service

5. Page 5
About NIP Programs
• Develop and manage customized business
insurance for industries with specialized insurance
and risk management needs
 Custom-tailored coverage for select markets
 Unique underwriting, loss control, and claims service
models, valued by both clients and insurers
 Underwritten by major insurers such as Travelers, AIG,
Argo, AmTrust
 Market expertise
 Stability through all market cycles

6. Page 6
NIP’s Programs
 Employment Practices Liability Insurance
 GlassPro® – for Glass Dealers and Installers
 GrowPro® – for Greenhouses, Garden Centers and
Nurseries
 HVACPro® – for AC, Refrigeration, Heating or HVAC
Contractors
 IrrigationPro™ – for Providers of Irrigation and
Pesticides for Lawns, Crops and Golf Courses
 InteriorScapePro™ – for Contractors Providing
Indoor Landscaping and Plant Maintenance
 LandPro®/TreePro™ – for Landscapers and Tree
Services Providers
 LawnCarePro™ – for Lawn Care Service Providers
 LightScapePro™ – for Lightscaping Contractors
 MaintenancePro® – for Cleaning and Maintenance
Services
 MedEdge® – Affinity program for Physician
Assistants and Optometrists
 PetPro™ – for Pet Care Professionals
 PlumbingPro® – for Commercial Plumbing
Contractors
 PowerPro® – for Electrical Contractors
 SignagePro® – for Sign, Display and Awning
Companies
 SitePro® – for Excavation, Site Prep and Paving
Contractors
 WorkPro – Workers’ Comp

7. Market Overview

8. Page 8
Industry Overview
3 Targeted Classes of Business
• Electrical Contractors
• Plumbing Contractors
• HVAC Contractors

9. Page 9
Benefits of Specialized Coverage
To BOP or not to BOP
 Consider Your Clients’ Needs
 Commercial Package Policy Offers
• Flexibility in coverage options
• Discounts for multiple lines of coverage

10. Page 10
Coverages
• General Liability
• Auto
• Inland Marine
• Property
• Crime
• Workers Compensation
 Monthly Reporting Option
• Umbrella

11. Page 11
Commercial GL Coverage
Artisan Contractors
• Commercial General Liability Coverage
 Protects business against:
• Accidents that might happen on premises
• Exposures related to work product
 Standard GL Policy covers certain lawsuits
where negligence resulted in bodily injury,
property damage, personal/advertising
injury
• Can arise from injuries both at time of - and even
years after - completion of construction project

12. Page 12
Examples of Liability
Examples of Claims
• Heat from insured’s welding causes sprinkler
system to discharge and floods jobsite
• Insured accidentally cuts through gas line
while attempting to repair a sewer line
• Refrigeration contractor’s negligence causes
spoilage of food in adjacent units
• Faulty gas line installed by sub-contractor
results in fire damage

13. NIP’s
Artisan Contractor Program
An Overview

14. Page 14
NIP’s Artisan Contractor Program
• Specialty insurance designed to service Commercial Artisan
Contractors
• One of the most comprehensive insurance programs available
• Many coverage enhancements tailored to their specific
insurance needs
• Competitive pricing for businesses of all sizes
 From small contractors to large multi-state operations
 Minimum GL premiums as low as $5,000

15. Page 15
NIP’s Artisan Contractor Program
• Backed by strong financial carrier
 Rated "A" (Excellent) Financial Size X by A.M. Best
• ISO Based
• Program is Admitted in All States
• Currently write in 45 states:
 Exceptions: Alaska, Hawaii, Idaho, North Dakota, and Montana
 WC in Non-monopolistic states
• Accounts rated off payroll

16. Page 16
NIP’s Artisan Contractor Program
Program Highlights
A.M. Best “A” Rated (Excellent) Carrier (Company Size X)
GL Minimum Premium – $5,000
Competitive Rates
Superior Customer Service
ISO Based Program
Coverage Enhancements
Blanket Additional Insured – ongoing &
completed operations
Per Project Aggregate
Blanket Wavier of Rights
Employee Benefits Liability
Limited Jobsite Pollution
Silent on Subsidence
Ineligible Exposures
Accounts subcontracting more than 40% of work
Accounts performing work as a Paper Contractor
Traffic Signal installation or repair
Rigging contractors with or without operators
Airport/Runway Work (except interior remodel)

17. Page 17
NIP’s SitePro®
Program
 Risk Control - FARA
• Phone Surveys
• Physical Surveys
 Claims Services – AmTrust North America
• 24/7/365 Service
• Dedicated Claims Adjusters with an average of 20 years exp.
 Premium Audit – Overland Solutions
• Physical
• PIVOT
• Virtual

18. Page 18
Submission Requirements
• Need complete submission, to review all risks:
 Completed ACORD application
 Completed Supplemental Application
 3 Years plus 1 Current Year of Currently-Valued,
Hard Copy loss runs for all lines of business being
considered
 Current Job Listing and MVRs (ability to quote
subject to)
• Common Declinations
 Ineligible exposures-residential contractors

19. Summary

20. Page 20
Summary
• Outstanding coverage, tailored to specific needs of
artisan contractors
• Strength and reputation of AmTrust North America1
• Backed by 20+ years of experience in providing specialized
programs tailored to the unique needs of select classes of
business
• Stability through all market cycles
• NIP awarded “Best Practice Designation” by TargetMarkets
1 Rated “A” (Excellent) Financial Size X, by A.M. Best

21. Questions?

22. Thank You!
FOR MORE INFO:
Esty Wolfe X227
Debra Miserendino X388
Goretti DeSousa X659
(800) 446-7647 - telephone