Mid South Region

November 2012
We Want Your Brokerage P&C

My team teases me about being a little long-winded at times, so I'm going to try a different approach and start out with the concise summary: We want your brokerage property and casualty business. We've got a lot of exciting changes coming. Keep sending us your brokerage opportunities.

 

Now, here's the longer version. I have always liked the old movie Heartbreak Ridge starring Clint Eastwood in which he teaches his team to "Improve, Adapt, Overcome." It's a good attitude to have whenever good people face tough challenges. One could say that we're taking the same approach with our brokerage property and casualty products recently.

 

Due to multiple years of wind/hail losses, we've had to reposition our property book away from garden-style apartments on a primary basis. But there are so many other classes of business we can help you with. We want to be one of your go-to markets for excess opportunities, a primary market for the multitude of classes other than garden-style apartments and a home for unusual and hard-to-place first party exposures, including catastrophe driven accounts. Recently, we moved Jim Hemphill over to our Brokerage Property department to help Foster Wright, Sherry Hughes and Lee Koch in these efforts.

 

On the casualty side, we will soon roll out a new set of coverage forms and pricing parameters that will clearly separate brokerage casualty from binding casualty. This "true brokerage" approach will concentrate on construction, industrial casualty and products liability accounts (both occurrence and claims made) and will be underwritten by a separate team possessing a brokerage mindset and the flexibility to get tougher risks placed with Markel.

 

Contact your Regional Account Executive or your underwriter to learn more about these exciting changes. In the mean time, keep sending us your tougher property and casualty risks and give us the opportunity to show you what we can do.

 

Greg Rubel

Regional President, Mid South Region

469.241.3401

[email protected] 


Markel Sweeps NAPSLO

Congratulations to Mid South's very own Wendy Houser!  Wendy was awarded the W. Dana Roehrig (Past President's) Award at the 2012 NAPSLO Annual Convention.  This award recognizes efforts of NAPSLO's committee volunteers and was presented to Wendy for her service to NAPSLO's Mid-Year Committee.  Nick Abraham of Markel's Wholesale Marketing Department was also recognized.  Nick was awarded the Steven R. Gross Next Generation Award  which recognizes contributions to NAPSLO by members under 40 years of age.  Scott Culler, Regional President of Markel's West Region, was also elected as a 2013 NAPSLO board member.

Congratulations to you all!
Cyber Liability & The Cloud

Jake Kouns,
Markel's Professional Product Line Leader, discusses the cyber liability market and how the cloud is impacting it at the 2012 PLUS International Conference.

DataBreach: Risk Management Portal
Risk Management Portal Now Available for DateBreach Policy Holders

Markel recently announced the launch of the new risk management portal for DataBreach policyholders. It includes information and technical resources that can assist in the prevention of network, cyber and privacy breaches and provides support in the timely reporting and recovery of losses if an incident occurs. The portal is powered and maintained by NetDiligence, a leading data breach response services company.

 

David Vanalek, Manager of Claims at Markel commented, "By providing access to our risk management portal, Markel is in a strategic position to provide a focused, robust, and dynamic platform to deliver fast, efficient and cost-effective risk management services to preclude the inevitable data breaches that plague organizations."

 

Markel understands that once an incident occurs, most clients need immediate help and expertise to respond and recover. Because incidents can be very complex, organizations need assistance across a broad range of disciplines, including legal/regulatory compliance, information technology (IT) security, privacy, disaster recover, computer forensics, public relations, credit monitoring and law enforcement.

 

Markel's DataBreach policy provides a unique coverage structure, including a supplementary payments section responding to notification and credit monitoring costs. This coverage is provided outside of the limit of liability and is not subject to a deductible.


Please contact your Mid South Professional Underwriter with any questions.
Recent Promotion
Jim Hemphill - Sr. Underwriter, Brokerage Property

Please join us in congratulating Jim Hemphill on his recent promotion to Sr. Underwriter and his transition from Binding P/C to the Brokerage Property department. 
Jim has been with Markel for 7 years.  He relocated to the Dallas area in 2008 when Markel opened the Mid South office.  His favorite thing about working at Markel are the friendships he's formed along the way, both in the office and with his producers.  Jim is an avid outdoorsman - in his spare time, he enjoys mountain biking, road biking, kayaking, wakeboarding, snowboarding, and hiking.  He also enjoys spending time with his wife, Katina (also of Markel) and his 9 month old daughter, Hailey.  One thing you wouldn't know about Jim: His guilty pleasure is vanilla ice cream with Reese's Peanut Butter Cups.  All that biking sure pays off!
Attention Binding Agents: Let's Help Rebuild!

 

Many of you have asked about insureds and prospective insureds that are in or heading to the Northeast to help clean up and rebuild after the recent storm. Please click below for a quick reference guide which summarizes our Binding appetite and flexibility within the construction industry. Don't forget that we write Builder's Risk and OCPs.

 

Please contact your Binding P/C Underwriter for additional details or if you have any questions.

 

Please note: Many of the rates also apply to the Mid South Region. Our contracting forms do not have a state restriction or state limitation; however we are not currently targeting contractors working the five boroughs of New York.

 

 

In This Issue
Recent Success
Click on product line below to view a full listing of corresponding recent success.

Events
Mid South Open House

Thursday, January 10th, 2013
3:00 pm - 6:00 pm
Mid South Office -  Plano, TX

Click here to register!
Holiday Closing
The Mid South office will be closed Thursday, November 22nd and Friday, November 23rd in recognition of the Thanksgiving Holiday.  Our normal business hours will resume on Monday, November 26th.

We wish you and yours a very happy and safe holiday!  And as always, thank you for your business! 
On the Mark Archives
Did you miss last month's newsletter?

Click on the links below to view past editions of 'On the Mark'.



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November's Recent Success
Class of Business
Coverage Type
Limits
Premium
State
Casualty




Roofing Contractor
General Liability
$2M
$5,000
LA
Exterior Painting
General Liability
$2M/$2M
$9,000
IN
Masonry
General Liability
$1M/$2M
$3,500
TX
Contract Binding




Land Occupied by Other
General Liability
$1M/$2M
$15,730
LA
Plumber
General Liability
$1000/$2000
$20,575
TX
Building Owner-LRO
GL & Property
$1M/$2M/$2.4M
$20,272
TX
Environmental




Oilfield Consultants
GL/CPL
$2M/$2M
$35,866
TX
Oilfield Site Prep Contractor
GL/CPL
$1M/$2M
$26,250
TX
Environmental Corrosion Consultant
GL/CPL/PL
$1M/$2M
$17,525
AR/OK
Excess & Umbrella




Convenience Stores
Excess
$4M
$80,028
TX
Pressure Washing
Excess
$5M
$18,491
TX
General Contractor
Excess
$5M
$5,250
LA
Garage




Used Car Sales
Liability & Property
$500/$65K
$1,601
TX
Used Car Sales
Liability/Personal Injury/DOL
$100/$50K
$2,746
TX
Used Car Sales
Liability/Medical Payments
$1M/$500
$3,273
TX
Inland Marine




Heavy Equipment Hauler
Motor Truck Cargo
$100,000
$5,700
LA
Land Developer
Contractor's Equipment
$531,433
$7,273
TX
Warehouse Operation
Warehouseman's Legal Liability
$500,000
$8,550
TX
Ocean Marine




Shipyard Package
MGL/SRLL/ IM
$1M/$2M/$6.9M
$73,499
TX
Houseboat - Port Risk Only
Vessel P&I
$1M/$1M
$1,750
LA
Single Shot Air Cargo
Airplane Dis-Assembled
$90,000
$1,000
NM
Professional




Food Products
Products
$1M/$2M
$9,662
TX
Machinery Lube and Oil Analysis
Misc. E&O
$2M
$10,638
OK
Healthcare Staffing
Spec. Med/Umbrella
$4M
$12,000
TX
Property




Hair Salons
Property
$2M
$17,000
LA
Mfg. A/C Units
Property
$5M
$15,000
OK
Plastics Mfg.
Property
$4M
$12,000
LA
Transportation




Waste Hauler
Auto Physical Damage
$565,000
$16,668
TX
Mobile Home Toter
Auto Physical Damage
$55,000
$3,218
TX
Scrap Metal Hauler
Auto Physical Damage
$77,000
$3,465
TX


Markel Mid South | 7500 Dallas Parkway, Suite 400, Plano, TX 75024 | 469.241.3400 | [email protected] | markelonline.com

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