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The Climbing Wall Association, Inc. (CWA) maintains insurance programs for its members in the climbing wall marketplace. CWA insurance programs are available only to current members of the CWA as a member benefit. Maintaining the insurability of the market, both availability and price stability, are critical objectives of our insurance programs. CWA’s insurance programs are administered by Stratus Insurance Services, Inc., a managing general agent in Pleasant Grove, Utah. If you have questions about insurance coverage for your business, please feel free to contact the CWA, or Stratus Insurance Services at the address below.
The CWA, and Stratus Insurance Services, provide general liability insurance coverage through the Outdoor Education and Recreation Insurance Program (ORIP). ORIP is a risk purchasing group organized by Stratus and underwritten by a highly rated insurance carrier Gemini Insurance Company a member of W.R. Berkley Group in Greenwich, CT. A.M. Best rated our insurance carrier A+ (Superior), XV ($2 Billion or more in statutory surplus and related accounts), with a stable outlook.
The ORIP risk purchasing group places our members in an organized pool together, giving us a much stronger position as a group of members rather than just one facility or gym shopping for insurance individually. In addition, the ORIP has become skilled at underwriting our types of businesses. By combining our insurance purchasing power into one pool, we help to maintain fair rates, stability in our part of the insurance market, and consistent availability. You can find a CWA commercial general liability insurance program application here.
The workers’ compensation insurance program was developed by CWA in response to the mis-classification of employees working in climbing facilities which resulted in significant premium increases. The CWA and Stratus Insurance Services, provide workers’ compensation insurance coverage through Meadowbrook Insurance Group (MIG). MIG is rated A- (Excellent), XIII ($100 to $250 million or more in statutory surplus and related accounts), with a stable outlook. You can find a workers’ compensation insurance application here.
The participant accident medical insurance is available only to current members of the CWA as a member benefit. Stratus Insurance Services has the ability to write accident medical insurance for climbing facilities. The primary insurer for the program is National Union Fire Insurance Company of Pittsburgh, PA; a member of American International Group, an A rated company (Excellent). Accident medical insurance, unlike liability insurance, is payable without regard to fault and is intended to “make whole” the participant for out of pocket medical costs in the event of an accident. You can find an accident medical insurance form here.
The property insurance program is available only to current members of the CWA as a member benefit. Stratus Insurance Services has the ability to write property insurance on climbing facilities, wall builders, equipment manufacturers and portable climbing walls. The primary insurer for the program is National Farmers Union, an A- rated company (Excellent). Property insurance provides protection against most risks to property, such as the loss of, loss of use of, or damage to property caused by a covered peril. Examples of perils covered by property insurance might be fire, theft and some weather damage. Property is insured in two ways either “open perils” or “named perils”, our program is an “open perils” program. Open perils programs cover all of the causes of loss not specifically excluded in the policy. Portable climbing walls can be covered in this program, fixed facilities can also be underwritten. You can find a property insurance application here.
The Umbrella/Excess insurance program is available only to current members of the CWA as a member benefit. Stratus Insurance Services has the ability to write Umbrella or Excess insurance on climbing facilities, wall builders and manufacturers. The primary insurer for the program is Great American E&S Insurance Company, an A (Excellent) rated Company, XIV ($1.5 Billion to $2 Billion). Excess insurance coverage goes into effect only when all underlying policies are totally exhausted, Excess or Umbrella coverage provides additional limits of insurance above your primary coverage. The program can provide up to $30 million in limits.
For more information about CWA insurance programs please contact .(JavaScript must be enabled to view this email address) at Stratus Insurance Services.
Stratus Insurance Services, Inc.
260 South 2500 West, Suite 303
Pleasant Grove, UT 84062
Toll Free - (866) 395-1308
Direct - (801) 763-1375
Fax - (801) 763-1374
Web Site: www.stratusins.com/climbingwallinsurance.html