Business Insurance

Business Insurance

Business Insurance is written for commercial risks instead of the personal risks for individuals. It provides coverage for businesses like contractors, restaurants, wholesale/retail stores, hotels, and apartments. Examples of business insurance are group healthcare, commercial general liability, workers compensation, and commercial umbrella liability.

Group Healthcare

Focused on providing strategic insurance management services to large employers in Hawaii, and filling an existing gap in the Hawaii marketplace between insurance carriers, brokers and other consulting firms. In general, businesses offer a group health insurance policy that provides healthcare coverage to employees and their families. Our team’s wide range of consulting and financial expertise allows us to help businesses identify and enhance their growth and profitability goals. Our approach is not only to diagnose market opportunities for improvement, but also to develop and execute detailed action plans/timeline to deliver the desired results.

Commercial General Liability

Insurance policy that is issued to business organizations to protect them against liability claims for acts of negligence for bodily injury and/or property damage arising out of premises, operations, products & completed operations, and personal & advertising injury liability.

Business Auto

Insurance policy that includes auto liability, physical damage, medical payments, and uninsured & underinsured motorist coverage. Other coverage’s are available by endorsement. Auto dealers, repair shops, motor carrier and trucking companies, are excluded from this category and are categorized under a different classification of business insurance. The business auto policy addresses the needs of most commercial businesses in respect to auto insurance. Hawaii law requires the owners of motor vehicles designed for use on public roads to carry insurance with basic liability limits and personal injury protection (medical payments).

Workers Compensation

State law for all businesses mandates a workers compensation policy with either full-time or part-time employees that fall under the workers compensation statute. It is the employees’ exclusive remedy for work- related injuries or diseases. The policy provides coverage for an employer’s two exposures arising out of injuries sustained by employees. Part One covers the employer’s statutory liabilities under work comp laws and Part Two covers liability arising out of employees’ work-related injuries that do not fall under the work comp statute.

Temporary Disability Insurance

TDI is State mandated coverage provided by employers that require the payment of benefits to temporarily injured, sick or disabled employees not otherwise covered by workers compensation laws. TDI provides coverage for non-work related injuries or sickness.

Commercial Property

Insurance policy for businesses and other organizations that provide coverage for damage to their building and contents due to a covered cause of loss, such as fire, lightning, explosion, and vandalism. The policy may also cover loss of business income or an increase in expenses that result from the direct damage to covered property.

Business Owners Policy (BOP)

The BOP is a package policy that provides property and liability coverage for eligible small businesses. The business owner’s policies are written on special coverage forms that are generally very similar to the property and liability counterparts, but they usually have some unique features that make them especially advantageous for businesses that qualify.

Flood/Hurricane Coverage’s

Coverage for damage to property caused by flood and/or hurricane. Most property owners are not aware that their homeowners, dwelling fire and commercial property policies do not provide coverage for damage caused by flood and/or hurricane. Coverage may be available by endorsement to an all risks policy, a difference-in-conditions policy or through specialty carriers. Flood coverage is normally secured through the National Flood Insurance Program (NFIP).


There are many different types of bonds – Fidelity, Notary, Public Official, Fiduciary, License and Permit, etc. Two common types of bonds are fidelity and surety bonds. Surety bonds are three-party contract in which one party, the surety, guarantees the performance or honesty of a second party, the principal (obligor), to the third party (obligee) to whom the performance or debt is owed. For example, most construction contractors must provide the party for which they are performing operations with a bond guaranteeing that it will complete the project by the date specified in the construction contract in accordance with all plans and specifications.


Crime is a generic term used to describe a wide variety of crime coverage forms that are available to protect the insured against losses of money, securities, and other property by such causes of loss as employee dishonesty, forgery, theft, burglary, robbery, kidnap, extortion and fraud.

Earthquake Coverage

Loss from earthquake is typically excluded (along with other earth movement) from most property insurance policies, except ensuing fire. In most cases, earthquake coverage must be purchased by endorsement to a difference-in-conditions policy or to an all risks policy. Normally, the coverage provided is subject to a per occurrence sublimit, an annual aggregate limit, and a separate deductible.


The garage policy is designed to address the needs of auto dealers, repair shops, service stations, storage garages and other auto-related businesses. These are risks that have an auto exposure closely related to its general liability exposure, coverage’s include garage liability, garage keepers, and auto physical damage. Other coverage’s are available by endorsement.

Inland Marine

A group of property insurance coverage’s designed to insure exposures that cannot be conveniently or reasonably confined to a fixed location or insured at a standard rate under a standard form as compared with property insurance. It includes coverage for property in transit over land, certain moveable property, property under construction, legal liability coverage for bailees, and computerized equipment. Many inland marine coverage forms provide coverage without regard to the location of the covered property; these are sometimes called “floater” policies such as accounts receivable, valuable papers, contractor’s equipment, and fine arts.

Ocean Marine

Ocean marine insurance covers physical damage to ships, their cargo, and freight during transportation on both foreign and domestic waters including any inland or aviation transit associated with the shipment. It also includes protection and indemnity insurance that covers the ship-owner(s) liability for loss of life or injury to any person, illness, injury to crew members, damage to cargo carried, and damage to fixed or floating objects.

Specialty Coverage

In addition to the more common lines of business insurance, we can also market and
provide coverage for the following specialty lines of insurance:

-Professional Liability
-Malpractice Liability
-Employment Practice
-Fiduciary Liability
-Directors and Officers

Commercial Umbrella Liability

A policy designed to provide protection against catastrophic losses. It generally is written over various primary personal and commercial liability policies. The umbrella policy serves three purposes: 1. It provides excess limits when the limits of underlying liability policies are exhausted by the payment of claims. 2. It drops down and picks up where the underlying policy leaves off when the aggregate limit of the underlying policy in question is exhausted by the payment of claims. 3. It provides protection against some claims not covered by the underlying policies.