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
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
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
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
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
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