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About Us...
International Placement Services, Inc. (IPSI) is an
independently owned, multi-line wholesale insurance
broker. We have special expertise in
Professional/D&O, Construction, Alternative Risk,
Public Entity, Property/Inland Marine, Primary &
Excess Casualty and Standard Market access.
For more information call (800) 999-4774 or fax your
next submission to (314) 725-4317.
History & Mission Statement
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Please distribute this IPSI Market Update to all
Producers and Marketing Personnel.
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| Home Builders Umbrellas |
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IPSI Wants your Residential Contracting risks!
We target:
- Residential General Contractors
- Commercial General Contractors (with incidental
residential)
- Commercial General Contractors (Apartments)
- Residential Artisan Contractors
- Commercial Artisan Contractors (with incidental
residential)
Working in:
- Custom Homes up to $500,000 value (up to 50
starts)
- Condominiums & Town Homes (low rise - up to 30
starts)
- Apartments (low rise, garden style preferred)
- Tracts up to 30 starts
- New starts & remodeling
We can offer:
- Commercial Follow Form Excess policies
- Competitive pricing
- Follow Form Additional Insured (specified or
blanket)
- Follow Form Waiver of Subrogation (specified or
blanket)
To view an Available State listing as
well as foot notes regarding Ineligible Artisan
classes, please click here...
For further information, please contact:
- Patrick Reilly, CPCU at extension 237
- Lana Taylor at extension 277
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| Management Liability |
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Remember to provide every account an Employment
Practices Liability (EPLI) quotation. By offering your
clients this valuable coverage, you may avoid a
potential E&O claim down the road.
Our carriers' appetite is broad and we have access to
most of the standard market players as well as many
specialty companies. In most cases, coverage is
written on an admitted basis and can include both
Directors & Officers Liability as well as Employment
Practices.
We have all of the resources normally associated with
larger wholesalers and the expertise to make even
the novice look like a seasoned professional. let us
know how we can help you with your difficult or even
routine Management Liability placements.
Click here if you would like to view or download a
Not for Profit Application or a Privately Held Company Application.
For further information, please contact:
- David Smith, ARM at extension 229
- Christine Remming at extension 265
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| Earthquake Insurance |
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Many carriers have all but withdrawn from the
Earthquake marketplace. The financial impact of
hurricanes' Katrina and Rita not only negatively
impacted many carriers financial position but also has
highlighted their susceptibility to large loss events.
Reinsurer models still indicate that a major
earthquake could very well be that next catastrophe.
IPSI still has plenty capacity for your Earthquake
business and is fortunate to have both admitted and
non-admitted markets that will write commercial or
even homeowners coverage. Here is a list of our
potential markets:
- Lloyds of London
- Pacific Insurance Company
- RLI - Mt. Hawley
- Essex
- Endurance Specialty
- RSUI
- Seneca
- Insurance Company of the West
IPSI can offer you a capacity and quick turn around
for your Earthquake Coverage where your other
markets may have left a gap or made procurement
unaffordable.
Attached is a copy of IPSI's Earthquake Supplemental
that
will assist in modelling and pricing coverage. (Click here...)
For further information, please contact:
- Patrick Walsh, CPCU at extension 221
- Donna Eichhorn at extension 213
- Ronnie Strothman at extension 245
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We thank you for your continued support and
please
accept our Best Wishes for a Joyous Holiday Season
and successful New Year.
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