Product Marketing Guide Energy+ Program

Transcription

1 Product Marketing Guide Energy+ Program new business to: renewals/endorsements to:

2 Deep South Offers Enhanced Coverage to Energy Businesses Deep South has earned a reputation as a specialist in providing commercial automobile insurance to a wide variety of industries including the oil and gas industry. To meet the rapidly evolving needs of the energy sector in our service area, Deep South has partnered with a QBE company to make available additional coverages needed by many energy companies. The additional coverages available include commercial general liability, excess liability, energy liability, marine liability, maritime employers liability, energy package programs and other coverages. The coordinated insurance coverage available through this joint effort offers energy sector companies a powerful insurance and risk management solution. Deep South has earned a reputation as a specialist commercial automobile insurance provider. We take that expertise to another level with additional coverages tailored to our target classes. Some of the new enhancements include: + Fuel in Vehicle + Personal Effects ($2500) + Airbag + Loan/Lease Payoff (Not Available in LA) + Hired Auto Physical damage + Electronic Equipment + Increased Rental Reimbursement and Lost Income/Downtime In addition, the following coverages are available via separate endorsement: + Basket Deductible + Pollution Liability Broadened Coverage for Covered Autos-Sub Limit + Non-Owned Trailer Coverage Endorsements Available In: AL, AZ, AR, CO, GA, KS, LA, MO, MS, NC, NM, NV, OK, SC, TN and TX We're sure your clients will benefit from these enhancements! If you have any questions, please contact your Underwriter or Marketing Representative. Our acceptable radius of operations for Local & Intermediate Trucking has increased! New Business Quotes & Renewals: Send new business submissions, renewal applications, endorsement requests, and requests for loss runs to [email protected]. Qualifications 1 + Complete ACORD application + Driver schedule + Vehicle schedule with class codes + 4 quarters of IFTA s + At least 4 years of current loss runs 2 + $10,000 minimum premium for trucking accounts may apply + Financial information may be required for accounts exceeding $50,000 1 All qualifications must be met to receive a quote. We cannot extend offers to hazmat, logging, or cattle. 2 The overall 4-Year loss ratio must be profitable.

3 Deep South Energy Sector Target Classes Deep South now offers Commercial Auto and Heavy Truck Coverage to selected target classes of companies operating in the energy sector through our new Energy+ Program. In addition, recent coverage enhancements to both Commercial Auto and Heavy Truck coverages are available via endorsement to these new energy sector target classes. For more information about the enhanced coverages, please ask your Deep South representative or underwriter. Our acceptable radius of operations for Local & Intermediate Trucking has increased! Energy Sector Target Classes for Commercial Auto Include: + Acidizing + Analytical Chemists + Board Road Contractors + Cementing Work by Contractors + Chemical Supply, Mixing or Blending + Cleaning/Swabbing + Communication Installation and service of communication equipment on oilfield facilities + Compressor Installation/Repair + Consultants + Delivery Trucks + Distributors of Oilfield Supplies and/or Equipment + Oilfield Equipment Installation/Repair + Oilfield Equipment/Tool Rental With and Without Operators + Erection/Maintenance of Above Ground Lease Tanks + Fabrication of Oil & Gas Well Platforms/Platform Components + Fabrication of Oilfield Parts and Equipment + Fishing Tool Operations by Contractor + Gauge Installation, Maintenance and Repair + Geologist + Inspection Services + Iron or Steel Erection + Machine Shops that fabricate oilfield related parts and equipment + Mud Loggers + Natural Gas Processing Plants + Oil & Gas - Hot Shots + Oil Lease Work by Contractor + Lease Operators and Non-Operators + Panel Installation or Repair + Pipe Cleaning and Restoring + Pipe Testing Destructive and Non-Destructive + Plugging and Abandonment Work by Contractor + Pumping and Gauging Work by Contractor + Saltwater Haulers + Sand & Gravel Haulers + Seismic Work by Contractor + Site Preparation and Restoration Work by Contractor + Specialty Tool Rental With and Without Operators + Torquing Services + Valve and Pump Services, Installation and Repair + Waste Haulers + Wireline Contractors + Workover Contractors

4 Commercial Auto Coverage Insurance Program For light and medium vehicles Eligibility Coverage Enhancements These endorsements broaden coverage for a select number of classes including: Oil and Gas Operations Non-Trucking Risks (Local/Intermediate) Contractor Fleets Wholesalers Light and Medium Vehicles Service Vehicles All eligible risks written on Business Auto Coverage policies may purchase our expanded coverage endorsement. Changes In Commercial Auto Coverage Form ($230 per policy) provides 22 added or expanded coverages including: Personal Effects Electronic Equipment Pollution Hired Car Physical Damage Waiver of Subrogation Heavy Truck Insurance Program For larger, heavier vehicles Eligibility These endorsements broaden coverage for a select number of classes including: Oil and Gas Operations Auto Dismantling/Junk Yards/Salvage Operations Courier Services Garbage, Recycling, Waste Disposal or Hauling Sand and Gravel Operations Sewer Cleaning Operations Trucking Risk (Hauling for Others) Wrecking or Dismantling Operations Ready-Mix Operations Auto Vehicle Delivery Coverage Enhancements All eligible classes written on the Motor Carrier and Business Auto Coverage policies can now receive a bundle of expanded coverages. The Heavy Truck Extension ($250 per policy) provides 13 added or expanded coverages for: personal effects, electronic equipment, custom signs or paint, tarps and more. A second bundle of coverages is now available in one affordable endorsement. The Enhanced Heavy Truck Extension ($100 per power unit) provides 15 liability and physical damage enhancements and expands the definition of the named insured. This optional endorsement bundles several commonly requested coverages such as rental reimbursement, hired auto physical damage, blanket waiver of subrogation, extended towing and non-owned auto coverage. Visit /underwriting/underwritingpictorial or scan the QR code for a more comprehensive pictorial of target vehicle classes.

5 Energy+ Insurance Program Property and Liability Coverage for the Energy Industry Limits: Min. Deductible: Other: Commercial General Liability $1,000, Per Occurrence / $2,000, General Aggregate Limits $5, Per Occurrence $5, Annual M&D Premium Tailored Forms and Rates 100% QBE Lloyd s syndicate 1036 or participating subscription line (XS) Full In-house underwriting and claims authority Limits: S.I.R. Min. Premium: Limits: Other: Excess Liability $50,000, Total Excess Limits available (100% or Quota Share) $25, which only applies when the underlying limit has been exhausted $5, Flat Annual Premium Energy Package Program $50,000,000 Physical Damage, $50,000,000 Control of Well, $50,000,000 Loss of Production Income, $50,000,000 Excess Liabilities 100% QBE Lloyd s syndicate 1036 or participating subscription line Full In-house underwriting and claims authority

6 Tailored Loss Control Services Valuable loss control expertise in trucking, ready mix, refuse haulers, sand/gravel haulers, and more. For large accounts, our loss control department will develop a tailored service program to meet the needs of insureds. We offer the "Reasonable Suspicion Training for Supervisors". National Safety Council (NSC) Defensive Driver Course training and an onsite assessment of your customers Fleet Safety Program and Safety Resources. Your customers will also have access to our online safety training videos programs. Our Ask an Expert Loss Control Service is available 24/7/365 to provide our insureds with loss control and workplace safety assistance any time they need it! or call us at [email protected] or Claim Services When a claim occurs, Deep South s industry leading claims department provides a high level of care to customers. + Quick response to all claims + Strong effort to close claims promptly + Aggressive pursuit of fraud + Thorough claims review and investigation + Third-party recovery program + Field resolution Report a claim at and click the Report a Claim link under the Claims tab. Or you may call CLAIM (25246) or by fax Energy Team Underwriting Telephone: or Facsimile: or New Business: [email protected] Renewals: [email protected] Visit us at This quick reference guide is designed to provide you with an overview of the Deep South Heavy Truck and Commercial Auto Insurance Programs. Other restrictions may apply. This summary does not describe the features, exclusions, and limitations of the policy. For more information, please contact your underwriter or marketing representative. Deep South Surplus Inc., CA License No. 0I10889, does business in the State of California under the dba Deep South Insurance Services. ( )