Specialty Business Insurance

NIP Specialty’s environmental solutions is designed to safeguard your clients with broad, industry-specialized coverage. Our focus is to alleviate pollution risks in a constantly fluctuating environmental landscape. We work to provide products that allow your clients to effectively manage pollution hazards that threaten their financial security.

Our industry experts will be able to customize a comprehensive product for your client’s business.

We provide the following pollution liability products:

• Contractors Pollution Liability
• Site Pollution Liability
• Transportation Pollution Liability
• Products Pollution Liability

Your clients rely on their equipment to keep their businesses operational. When it comes to their business property, your clients need equipment coverage they can rely on. Our team is here to manage any concerns they may have when it comes to coverage.

No matter how large or small your client’s needs may be, we can tailor a program to suit their business.

Our inland marine coverage is built to serve the following industries:

• Contractor’s Equipment Policies for…
  • Crane Rental Companies
  • Rigging Contractors
  • Concrete & Steel Erection Contractors
  • Millwright Contractors
  • Heavy Haul Transportation
  • Street, Road & Land Contractors
• Commercial Builder’s Risk
  • Ground Up Construction
  • Renovation Projects
• Transportation Industry
  • Auto Physical Damage
  • Combination Policies Available
  • Admitted Paper Available
  • Higher Occurrence Limits Available When Needed
  • Motor Truck Cargo
  • Warehouse Legal Liability
  • Trailer Interchange
• Prohibited Classes
  • Off shore oil and gas
  • Difference-in-conditions
  • Stand-alone property

At NIP Specialty, our expertise is centered on finding coverage for those hard to place clients. We understand the struggle of finding suitable coverage for businesses in the non-construction industries. Whether your client is a manufacturer, medical clinic, or restaurant – we have a customized solution for their insurance needs. We are committed to providing exceptional service and risk management for you and your clients.

Our relationships with multiple “A” rated carriers allows us to find the most effective solution for your clients. Here are some of the industries we work to cover:

• Manufacturers
• Distributors
• Medical Clinics
• Hard-to-place Physicians (make own category)
• Restaurants (24 hour exposure considered)
• Gas stations (24 hour exposure considered)

At NIP Specialty, we know your clients worry about their employees being injured on the job. A lack of suitable coverage can leave your client’s feeling like their back is up against the wall. NIP Specialty’s Workers’ Compensation solution is designed to be applied across many classes of business. Our program offers a layer of protection that can also be combined with a variety of programs to create a package that maximizes coverage for our insureds.

NIP Specialty is dedicated to providing Workers’ Comp coverage to the following classes:

• Manufacturers
• Distributors
• Contractors & Artisan Contractors
• Medical Clinics
• Restaurants (24 hour exposure considered)
• Gas stations (24 hour exposure considered)
• Roofers
• Steel Erection Contractors
• Excavators & Site
• Tree Services
• Landscapers
• And much more…

Contractor’s Pollution Liability coverage can help your clients cover the gaps their general liability may not be able to cover. Don’t let environmental liabilities or pollution incidents post a threat to your contracting clients.

NIP Specialty offers customized coverage to help reduce loss when pollution conditions result from covered work at a job site. Here are some of CPL program details:

Product Offerings:

• Monoline Contractors Pollution Liability Policy (CPL)
• Contractor’s Pollution Liability (CPL) with Professional Liability (PL) Policy

Preferred Risks:

• Monoline Contractors Pollution Liability
  • Non-Environmental Contractors (General, trade or specialty contractors)
  • Operators of non-owned environmental facilities
• Contractors Pollution Liability/Professional Liability
  • Non-Environmental Contractors (General contractors, construction managers, or specialty
    contractors) performing project management, plan review, field modifications, contractor
    and subcontractor selection, scheduling and sequencing services

Program Features:

• Up to $25 million in Limits
• $1,000 Minimum Premium for a standalone CPL policy
• CPL Deductible as low as $0
• Typical enhancements include additional insured, waiver, mold and transportation pollution
  liability

Additional enhancements are available via endorsement, including, but not limited to:

• Non-Owned Disposal Site Liability Coverage
• Sudden and Accidental Premises Pollution Liability Coverage

Finding the right Commercial Auto coverage could be a struggle. Particularly if your clients need coverage not typically offered by standard commercial auto policies. NIP Specialty Brokerage’s auto coverage can provide solutions for your client’s box coverage needs.

Available Classes:

• For-Hire Box Trucks
• Light, medium, heavy and extra heavy trucks (fleets & non-fleets)
• Distributors
• Durable and Non-durable Goods
• Dry Freight/Grocery Items/Refrigerated
• Warehouse to Retail
• Retail to Residence/Business

Program Features:

• Auto Liability up to $2,000,000
• Physical Damage Coverage
• Motor Truck Cargo: $50,000-$100,000
• General Liability: $1m Occurrence/$2m Aggregate or $2m Occurrence/$4m Aggregate

Submission Requirements

• Completed custom application
• Currently valued loss runs (5 years if available)
• New ventures considered
• MVR’s on all drivers
• Current vehicle list

With the majority of businesses now operating a number of their operations digitally, the threat of cyber attacks has increased regardless of industry. NIP Specialty’s cyber liability coverage can provide the layer of protection your clients need to safeguard them from data breaches, business interruption, and more.

Coverage Details:

• Limits starting at $500,000 and Premiums as low as $400.
• Standard cyber coverage offerings (both first & third party coverages)
• Multimedia Liability
• PCI Fines, Penalties & Assessments
• Cyber Terrorism
• E-theft
• Post Break Remediation Costs

Third-Party Liability Coverage

• Network Liability
• Privacy Liability
• Payment Card Loss
• Regulatory Proceedings
• Media Liability
• Technology E&O (Digitech^® specific)

First-Party Liability Coverage

• Cyber Incident Response Fund
• Business Interruption
• Contingent Business Interruption
• Digital Data Recovery
• Telephone Toll Fraud
• Network Extortion

Cyber Crime Coverage (by endorsement)

• Computer Fraud
• Funds Transfer Fraud
• Social Engineering Fraud

How does this coverage apply to each of the classes of business:

Tree Services, Greenhouse Growers, & Excavators – Cyber is designed to protect your business against a wide range of internet-based risks, and risks relating to information technology infrastructure and activities.

Municipalities – Cyber helps keep your business running when there is a security breach.

Cyber and data insurance can cover the costs of damages and claims expenses you’re legally liable to pay in the event of a data breach or security failure. It can provide additional benefits such as the  costs of breach response consultants, call center services and crisis management expenses.

NIP Specialty Brokerage’s Heights Coverage carriers are designed to offer creative solutions for your client’s height exposure coverage needs. We understand the associated risks your clients face when it comes to heights. Our team is here to manage any concerns they may have when it comes to coverage.

No matter how large or small your client’s needs may be, we can tailor a program to suit their business.

Who we cover:

• Roofers
• Tree Services
• Cell Phone Tower Contractors
• Steel Erection Contractors

How does this coverage apply to each of the classes of business:

Tree Services – CPL provides coverage when the insured is at a job site perform work for a client.

Greenhouse growers – CPL provides pollution transportation coverage.

Excavators – CPL provides coverage at the job site – what if an excavator hits an underground pipe causing a pollution condition.

Municipalities – Site pollution and Tank coverage are areas of Environmental that apply to the many parts of a town or city.

What is environmental coverage?  Environmental insurance (also known as pollution insurance or pollution coverage) provides coverage for loss or damages resulting from unexpected releases of pollutants typically excluded in general liability and property insurance policies.