Property & Casualty

GAP Product

The Delegated Contract P & C Unit offers expanded property capacity through the GAP Product, which provides access to higher property limits.  The coverage bridges the gap for risks that fall between binding and brokerage markets.


Product Advantages

  • Bridges the gap between binding and brokerage business
  • Limited distribution
  • Broad valuation options
  • Package (OL&T) eligible
  • Comprehensive coverages
  • Quick turnaround time

Limits Available

  • Minimum limit of $2M per location
  • Maximum limit up to $10M per location
  • Maximum limit up to $20M per Policy
  • Up to $2M BPP/Stock
  • Ground up limits
  • Available country-wide

Eligible Exposures

  • Apartments/Condominiums
  • Bowling Alleys
  • Churches/Synagogues
  • Clinics/Medical Centers
  • Commercial Dwellings
  • Convenience Stores
  • Gas Stations
  • Hotels/Motels
  • Light Manufacturing
  • Medical Offices
  • Mini Malls
  • Retail NOC
  • Strip Shopping Centers
  • Supermarkets
  • Theaters
  • Vacant Buildings
  • Warehouses
    ...  and more