| DID YOU KNOW? AmWINS Financial Services Group |
Our 70 financial services team members in 8 offices nationwide place $289 million in premium and have access to virtually all admitted and surplus lines markets. This group specializes in Public, Private, and Non-Profit D&O; Cyber Liability; Financial Institutions and all forms of Professional Liability coverages. We offer our clients a number of CE courses within the financial services arena, access to our staff actuaries, a claims advocacy group, and legal counsel to ensure our products and services are unsurpassed. We have recently partnered with insurance consultant and author Larry Goanos, who will soon begin publishing advisories about changes to the financial services market in our monthly AmWINS Client Update.
For more information, contact Sarah Ruble, 704.749.2855, sarah.ruble@amwins.com.
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If you have a question about this newsletter, please contact:
Sarah Ruble
Melanie Riordan
704-749-2888
melanie.riordan@amwins.com
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In this month's Client Update, we feature a new advisory on Third Party Action Over claims, plus product spotlights on our sprinkler contractors program and medical facilities program-in-a-box. For those interested in group benefits, we have a client advisory explaining grandfathered health plans in the context of an evolving benefits landscape. We think you may also be interested in a recently released interactive white paper from Best's Review, featuring our own CEO on a panel discussing the state of the E&S market. If you have any comments or suggestions for the AmWINS Client Update, please let us know at news@amwins.com. Client Updates are archived here on our website if you'd like to refer back to previous issues. Thank you for continuing to be a valued AmWINS client.
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NEW CLIENT ADVISORY: Third Party Action Over Claims, Part 1
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A manufacturing company employee is injured in a work-related accident. When he finds he is unable to sue his company for injuries, he sues the company that makes the machine used in the production process -- a Third Party Over (aka "Action Over") claim. The suit prompts the third party to shift liability back to the manufacturer. Who could be held responsible? We explore this question and more in part one of our new client advisory. Read more...To learn how AmWINS can help with your accounts that may be impacted by third party action over claims, contact Sarah Ruble, 704.749.2855, sarah.ruble@amwins.com.
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PRODUCT SPOTLIGHT: SprinklerPro Provides Coverage for Mold and Fungus Where Others May Not
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 Despite their exposure, many fire sprinkler contractors are not aware that most insurance programs do not provide coverage for mold/fungus/microbial substance. This gap in coverage is especially problematic for sprinkler contractors, whose work presents significant potential for water damage and mold/fungus claims. Our SprinklerPro program includes GL, PL and Contractors Pollution Liability. With the PL and Pollution in the Excess Liability, coverage is follow form over all primary coverages. Read more...For information about AmWINS' SprinklerPro program, contact Dave Farver, 717.214.7610, dave.farver@amwins.com .
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NEW CLIENT ADVISORY: RMS Version 11.0 Update
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 AmWINS is pleased to provide a summary of the expected impacts to U.S. Hurricane Modeling stemming from Risk Management Solutions' (RMS) changes in RMS Version 11.0, due to be released in late February. Read more...This update is for AmWINS clients only. If you have questions about how AmWINS' access to RMS can help you and your clients, contact Melanie Riordan at melanie.riordan@amwins.com or 704.749.2888.
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PRODUCT SPOTLIGHT: Medical Facilities Program-in-a-Box
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 As a result of a new market relationship, we are pleased to offer access to "Program-in-a-Box" for Medical Facilities PL/GL, specifically Home Health Care/Skilled Nursing Agencies, Dialysis Centers, and Medical Testing Laboratories. We have full authority to quote, bind, and issue in-house via our Charlotte brokerage office. Read more...For information about how our medical facilities program can help you and your client, contact Dave Statis, 704.749.2805, dave.statis@amwins.com.
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Client Advisory: Grandfathered Health Plans
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 Guidance concerning "grandfathered health plan" status was issued on June 17, 2010 by the Departments of Labor, Treasury and Health and Human Services with respect to the Patient Protection and Affordable Care Act, as modified by the Health Care and Education Reconciliation Act. This summary of the new Interim Final Regulations identifies considerations for employer-sponsored plans. Read more...For information about grandfathered health plans, contact Lisa Kuszmar, 704.749.2780, lisa.kuszmar@amwins.com.
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Interactive White Paper Explores State of the E&S Market
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Best's Review recently released an interactive white paper (a PDF including text and video) exploring the state of the excess and surplus lines market. AmWINS CEO Steve DeCarlo serves as part of the panel discussing the current marketplace and what we may expect in the future. Read more...
If you have questions about AmWINS' role in the future of the E&S market and the importance of specialization, contact Tom Lott, 704.749.2848, tom.lott@amwins.com.
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