Products & Services

Ironshore adds capacity for public entities NEW YORK-Ironshore Specialty Casualty has increased the capacity it offers for public entities. Available limits for public entity coverage have increased from $10 million to $25 million, the New York-based unit of Ironshore Inc. said in a statement. Ironshore said it also has introduced a proprietary public entity policy, available on an occurrence basis, that includes enhancements such as expanded definitions of insureds, incidental medical malpractice and third-party discrimination coverage. "Since Ironshore's public entity product and services were introduced over a year ago, the demand for broad insurance protection in response to heightened litigation has grown significantly," Susan Kostro, senior vp of Ironshore Specialty Casualty, said in the statement. For more information, contact Ms. Kostro at 617-391-6546 or [email protected]. General Star teams with R-T Specialty CHICAGO-R-T Specialty L.L.C. has been appointed as exclusive administrator of General Star Indemnity Co. enhanced nutraceutical liability coverage. NutraAdvantage offers specialty liability coverage for the natural and organic supplement industry, which includes manufacturers, wholesalers, distributors, marketers and others, the Chicago-based wholesale brokerage unit of Ryan Specialty Group L.L.C. said in a statement. The program, underwritten by General Reinsurance Corp. subsidiaries General Star Indemnity Co. or General Star National Insurance Co., is available on a nonadmitted basis in all states. Originally launched by General Star in 2007, NutraAdvantage has been enhanced to offer general liability insurance as well as product liability, premises liability, vendor legal liability, employee benefits liability and legal defense costs. An additional endorsement provides coverage of various insureds, such as primary and noncontributory coverage for vendors, and offers product recall expense coverage among others, according to the statement. For more information, contact Denise Pepin, exclusive program administrator senior vp of R-T Specialty, at 312-651-6000 or [email protected]. Hartford expands comp billing services HARTFORD, Conn.-Hartford Financial Services Group Inc. has expanded its workers compensation payroll premium payment services to midsize and large commercial customers. Hartford's XactPAY program, previously offered to smaller businesses that used supported outside payroll providers, calculates workers compensation insurance premiums based on payroll during the policy period, rather than paying for the coverage for an entire year, the Hartford, Conn.-based insurer said in a statement. Hartford said it also has launched XactPAY Xpress, which offers self-reported billing options, for businesses that manage their own payroll. "Effective cash flow management is a priority for all businesses regardless of size or method of payroll management," said Mike Concannon, executive vp of sales and distribution at Hartford. "Whether a company uses a full-service payroll provider, submits payroll using desktop software or manages payroll in-house, these billing options provide businesses with added value and capital flexibility." For more information, contact Donato Monaco, vp of payroll alliances, at 860-757-1846 or [email protected]. PowerGuard launches broker Web portal IRVINE, Calif.-PowerGuard Specialty Insurance Services has launched a Web portal for retail insurance brokers. The Broker's Corner Web portal allows brokers to access value-added sales, marketing and business development resources, the Irvine, Calif.-based managing general agency and Lloyd's of London coverholder said in a statement. Resources available through the login- and password-protected site include customizable brochures and marketing materials, product literature, and applications and underwriting forms. PowerGuard specializes in the design and underwriting of insurance for wind, solar and other alternative and renewable energy companies. For more information, contact Mike McMullen, managing principal, at 877-556-0090 or [email protected].