Property & Casualty

Property

The Delegated Contract P & C Unit offers Property Coverage nationwide including wind prone coastal areas, on a non-admitted basis. Our focus is on small to medium sized businesses.

Coverage Offered

  • Commercial Fire & Allied Lines, monoline or package. Not a market for flood or quake
  • Building, Business Personal Property, Business Income. Additional coverage's include Spoilage, Sign, Money & Securities, Property of Others
  • Comprehensive Property Coverage Enhancements available on both monoline and package accounts
  • Equipment Breakdown coverage available on all eligible property classes

Risk Appetite

  • Most Standard ISO classes with minimum restrictions as to class, construction, causes of loss, or public protection, subject to the Underwriting Guide
  • Coastal Wind
  • Vacant properties
  • Builder’s risks – new construction and renovations
  • Equipment Breakdown
  • Wind Deductible Buyback

Coverage Limits/Capacity

  • Basic authority – $1,000,000 at any one location up to $4,000,000 maximum per location, $10,000,000 per policy
  • Potential to earn higher authority if maintain sufficient volume, underwriting profitability and favorable audits
  • Specialty property product available for select producers providing limits up to $10,000,000 per location, $20,000,000 per policy
  • Available wind capacity dependent upon construction, distance to tidal water and the particular state
  • Quota Share / Excess layers available

Pricing

  • Judgment rated subject to minimum rates based on construction and territory