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...ram is well-suited for: Manufacturers or distributors of new, innovativ...help with companies that have prior liability claims?Yes. We specialize in pla...

... offers flexible solutions for manufacturers and distributors whose products o...he minimum premium for this Product Liability program?The minimum premium star...

...oot traffic Distributors and manufacturers with product liability concerns ...equired?Insureds must carry primary liability policies such as general liability, auto liability, and employer’s liability. These serve as the foundation f...

...ld Contractors Draftsmen Elevator Consultants Environmental Risk C...uction managers, and other design professionals, including firms involved in s...

Professional Program Insurance Brokerage (PPIB)...e through the program. Contact Professional Program Insurance Brokerage (PP...

Overview of Victor O. Schinnerer & Company, Inc. — Kidnap, Ransom & Extortion Insurance Victor O. Schinnerer & Company, Inc. offers a specialized Kidnap, Ransom & Extortion (KRE) program designed for companies, organizations and high net-worth individuals and families. As a managing general underwriter working with carriers including Great American and Hiscox, Schinnerer places standalone KRE policies and endorsements that combine broad worldwide coverage with rapid crisis response services. Ideal Accounts and Appetite This program is a fit for insureds who face kidnap, ransom, extortion or related political violence exposures, including: Multinational corporations with traveling executives, field staff or contractors Companies operating in higher-risk countries (energy, mining, construction, infrastructure) Nonprofits and educational institutions with international operations or personnel travel High net-worth individuals, families and principals who travel frequently or have elevated risk profiles Maritime and shipping operations vulnerable to hijacking and ransom events Accounts with established security protocols, pre-travel risk assessments and a willingness to coordinate with incident response teams typically underwrite favorably. The program has limited appetite for accounts with ongoing unresolved threats, operations solely in active war zones, or exposures involving sanctioned entities. Coverage Highlights and Advantages No retention or deductible on covered claims Coverage limits up to $65,000,000 Unlimited crisis response fees to secure specialist consultants, negotiators and other emergency services Annual and multi-year policy options Broad worldwide territory—designed to respond wherever an incident occurs (subject to underwriting and local compliance) Placement access via reputable carriers (Great American, Hiscox) through Schinnerer’s MGA platform Underwriting Notes and Submission Requirements Underwriters will evaluate travel patterns, security protocols, prior claims history, employee training and destination-specific exposures. Common submission items include: Completed KRE application Travel and operations summary (locations, frequency, duration) Existing security measures and crisis management plans Loss history and any active threats or prior incidents Because this is a high-specialty line, Schinnerer pairs underwriting with crisis management partners to ensure rapid response—an important differentiator when speed and coordination matter. Territories and Availability States available: AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, DC, WV, WI, WY. The program is positioned for placement in most available states; specific admitted status and form availability can vary by carrier and state—confirm with underwriting at submission. Why Work With Victor O. Schinnerer & Company, Inc. on KRE Business As an experienced managing general underwriter, Schinnerer offers access to admitted and non-admitted markets, specialized underwriting expertise, and direct placement relationships with carriers experienced in kidnap and extortion risks. Agents benefit from coordinated crisis response capabilities, flexible term options, and capacity for large limits. Example Account Scenarios - You might have a manufacturing client with service technicians traveling monthly to remote sites in higher-risk countries; this program can cover ransom and response costs and provide an incident response team if needed. - You might place a high net-worth family that travels internationally and wants dedicated coverage for kidnap and extortion exposures with no deductible and access to crisis consultants. Frequently Asked Questions What types of accounts are a good fit for this program?Companies with employees who travel or work in higher-risk regions, organizations with international operations, and high net-worth individuals and families are primary targets. Favorable accounts have formal security protocols and a willingness to use pre-approved crisis response partners. Which states and territories are covered?The program is available in most U.S. states (see the program’s listed states). Admitted form availability and specific state filing status depend on the carrier—confirm with Schinnerer underwriting when you submit a risk. Are crisis response fees covered?Yes. This program includes unlimited crisis response fees to engage negotiators, security consultants and other specialists as needed, subject to policy terms and underwriting approval. What limits and policy terms are available?Limits are available up to $65 million. Policies can be written on annual or multi-year terms; the appropriate limit and term are determined based on the account’s exposure and underwriting review. What information should I include with a submission?Provide a completed KRE application, travel and operations summary, existing security measures, and any loss history or active threats. Including a crisis management plan speeds underwriting and placement. Need help placing an account? Connect with a market specialist.

...ndustrial / Manufacturing Manufacturers/Roofers Machinery Repair ...lify for standard markets—such as manufacturers, consultants, drone operators, or real estate professionals—are ideal for this program. Is...

Novatae Risk Group offers an Alternative Workers Compensation program—underwritten by an admitted A-rated carrier—designed for insureds with high-risk class codes and elevated experience modifiers. If your clients are being steered to the State Compensation Insurance Fund or have limited admitted options, this program provides a competitive market alternative that can produce meaningful hard-dollar savings. While the program was developed to address risks with operations and employees in New York, Novatae Risk Group places similar high-risk and high X-Mod workers' comp solutions across the states listed below. The program is built to deliver lower upfront costs, low start-up fees, and flexible pay-as-you-go payroll options to help clients preserve immediate cash flow. Send us your high-risk and high X-Mod workers’ compensation submissions—we can evaluate whether this market is an appropriate placement for your client. Broad Eligible Class Codes (Not a Complete List): Trucking / Transportation / Furniture Movers Food Processing / Bakeries Cold Storage Janitorial / Property Management / Residential Cleaning Retail / Wholesale Manufacturing Hospitality Drivers Warehouse Operations Exclusions: Construction Temporary staffing USL&H exposure Hazardous material handling Seasonal operations Greater than 25% use of part-time labor Armed guards Experience Modifiers Considered: Ideal risks have X-Mods of 1.30 and above Will consider risks with X-Mods between 1.0 and 3.0 Minimum Premium: $75,000 minimum premium $100,000 minimum for trucking exposures PEO Benefits: Workers Compensation: Admitted "A" Excellent (VIII) rated carrier by A.M. Best Insureds retain their experience modifier (X-Mod) Payroll Administration: Payroll taxes Government reporting Management reporting Cost analysis Record keeping Salary history Payroll processing Vacation, holiday & sick pay administration Paperwork reduction Risk Management: Workers' comp claims management Safety surveys Drug testing Record keeping Unemployment insurance controls Employer protection policies & services Post-accident and reasonable suspicion procedures Submission Requirements: ACORD 130 3 years loss runs (fully valued) Copy of X-Mod (NYCIRB copy for New York risks) Industry-specific supplemental applications for towing, trucking, landscaping, etc. Territories & Availability: Novatae Risk Group places this program across multiple states. Availability depends on state rules and underwriting; please reference the program's current territory list when submitting. States we currently serve include: AK, AL, AR, AZ, CA, CO, CT, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, NE, NH, NJ, NM, NV, NY, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WI, WV and DC. Why Place High-Risk Workers' Comp with Novatae Risk Group? Specialized underwriting for high-risk classes and elevated X-Mods that many admitted markets decline. Access to an admitted, A-rated carrier while maintaining the insured's X-Mod. Flexible billing (pay-as-you-go) and competitive start-up costs to help clients manage cash flow. Integrated payroll, reporting, and risk-control services that reduce administrative burden for agents and clients. Example fits: You might have a regional bakery with a 1.8 X-Mod and recurring shoulder/back claims, or a third-party logistics firm with heavy driver and warehouse exposure that needs an admitted solution outside the residual market. Both can be good candidates for this program when minimum premium thresholds are met. Frequently Asked Questions What types of accounts are a good fit for this program?Strong candidates are employers with high-risk class codes (trucking, cold storage, food processing, janitorial, warehouse, etc.) and elevated X-Mods—typically 1.30 and above—but the program will consider X-Mods from 1.0 up to 3.0. Which accounts are likely to be declined?This program excludes construction, temporary staffing, USL&H exposure, hazardous materials handlers, seasonal operations, accounts with more than 25% part-time labor, and armed guard operations. What are the minimum premium requirements?Minimum premiums generally start at $75,000, with a higher minimum (typically $100,000) for trucking exposures. Final minimums can vary by state and underwriting assessment. What makes Novatae Risk Group different from other markets for high X-Mod business?Novatae Risk Group combines specialized underwriting for hard-to-place risks with access to an admitted A-rated carrier, payroll administration, and risk management services—helping agents place accounts that might otherwise be forced into residual markets. Need help placing an account? Connect with a market specialist.