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The Excess Liability Unit is responsible for the oversight and management of excess liability business placed with General Star via select managing general agents located throughout the country. Important functions of the unit include the development of program-specific underwriting guidelines, rating tools, policy issuance procedures, and the training of these various functions for clients. In addition, the unit emphasizes close collaboration with MGAs on new product development initiatives that meet client needs in an ever changing marketplace.
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General Star offers Commercial Builders Risk Coverage for Real Property, as well as Soft Cost, on a Special Form basis. Windstorm or Hail coverage in catastrophic wind-exposed geographic regions, including Wind Deductible Buy Backs are available as well as California Earthquake coverage. |
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Delegated Excess Follow Form Liability:
Risk Appetite
- Target risks include small, commercial OL&T/Premises driven risks with GL exposures as well as Auto, Liquor, and/or Employers Liability exposures
- Producer must have primary binding authority with an approved underlying GL carrier
- Primary coverage must be quoted by producer using an approved underlying carrier for a risk to be eligible for excess consideration
- Coverage offered on Non-Admitted basis
Limits
- Maximum Capacity = Up to $5,000,000 excess eligible primary limits available (except if risk is located in FL, LA, NH, VT, or WV where capacity is $1,000,000xP)
- Minimum Attachment Points: $1,000,000/$2,000,000/$1,000,000 (GL); $1,000,000 CSL (AL); $1,000,000/$1,000,000 (LL); $500,000/$500,000/$500,000 (EL)
- Minimum Premium = $750 per MIL (net of TRIA)
- Maximum Policy Premium (by limit) = $5,000 (1xP); $5,000 (2xP); $6,000 (3xP); $8,000 (4xP); $10,000 (5xP)
Eligible Exposures
- Hired/Non-owned Liability eligible as part of approved underlying GL coverage
- No more than five (5) insured premises locations per risk
- No more than five (5) insured owned autos pert risk. Fleet to include private passenger autos, light trucks, and/or vans (under 15 passenger capacity) operating over local radius only
Ineligble Exposures
- MonoLine Auto, Liquor, or Employers Liability not eligible
Delegated Excess Auto Liability:
Risk Appetite
- Target risks include small, commercial OL&T/Premises driven risks with GL exposures as well as Auto, Liquor, and/or Employers Liability exposures
- Producer must have primary binding authority with an approved underlying GL carrier
- Primary coverage must be quoted by producer using an approved underlying carrier for a risk to be eligible for excess consideration
- Coverage offered on non-admitted basis
Limits
- Minimum Attachment Point = $1,000,000 CSL (optional attachment point of
$1,500,000 CSL)
- Maximum Capacity = $4,000,000 excess eligible underlying limits for (a) risks located in a non-Gulf Coast State and (b) any risk with local/intermediate radius fleet except tractor trailer units. $2,000,000 excess eligible underlying limits for (a) risks located in a Gulf Coast State and (b) any risk with a long-haul radius unit and/or a tractor trailer unit
- Minimum Premium = $1,000 per MIL
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