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The Commercial Programs Division of General Star offers primary and excess insurance solutions for wholesale produced homogeneous, aggregated portfolios of risks, Associations and Risk Purchasing Groups within a delegated authority business model. Authority to underwrite, quote, bind and issue policies is delegated to a qualified MGU/MGA or Program Administrator. Product offerings on an admitted or non-admitted basis include general liability, excess automobile liability, and select property coverages.
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We are proud to announce that our newest General Star addition, the
Commercial Programs Division, is now open for business. It offers primary
and excess insurance solutions within a delegated authority model. |
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Preferred Program Characteristics
- Delegated Authority Business Model
- Wholesale produced business
- Homogenous exposures
- Strong loss control component
- Actuarial study of program experience
- Stability in group membership
Preferred Program Administrator Characteristics
- Proven experience in risk management of program specific industry exposures
- Electronic quoting, binding and policy issuing data transmission to carrier
Claims Handling
- Bundled or unbundled
- If Third Party Administrator, specialized expertise in program specific exposures preferable
Minimum Annual Premium Thresholds
- $1 Million for Single State Programs
- $5,000,000 for Multiple State or Regional Programs
- $15,000,000 for National Programs
Risk Retention
- Primary insurance available
- Excess insurance available
Limits Available
- Liability limits up to $5,000,000 per occurrence
- Property limits of up to $5,000,000 per location on a select basis
Coverages and Exposures
- U.S. property and liability coverage
- Products and premises exposures
- Excess automobile liability coverage
Ineligible Lines of Business
- Workers' Compensation
- Primary Automobile Liability
- Fronting
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