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$263M Highway Project in Texas

$263M Highway Project in Texas

Project

Broker Testimonial

"We worked with the Shepherd Team on an infrastructure project placement and the overall experience was phenomenal. The initial review was thoughtful and efficient with Chris engaging all necessary parties at Shepherd. There was clear communication throughout the process and flexibility to discuss specific requests. Chris was always available to discuss and exceeded expectations with the speed of policy issuance. We and the Insured greatly value the relationship with Shepherd and look forward to continuing to grow! "

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Dana

Dana Moriarity

SVP Casualty Leader

National Construction Risk Management at McGriff

Insured Profile

  • Project-specific JV

  • Highway interstate project in Texas

  • 51-month project

Placement

  • $5M x P

Working with Shepherd

This submission came to Shepherd with a request for excess capacity on the program. We provided our initial indication within 7 hours of receiving the submission. The team came back and requested support for the lead umbrella, which we had appetite for and turned around a proposal within just 2 business days.

Why We Won

Speed and collaboration were key factors in securing this account. By closely working with the broker team as soon as we received the submission, we positioned ourselves to swiftly turn around the lead quote due to our comprehensive understanding of the risk. Our strong terms and competitive pricing positively impacted the rest of the tower build out, showcasing our team’s expertise and capabilities.

Underwriting Profile

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$5M Umbrella

$5M Umbrella

Underwriter

Chris Bolick

Chris Bolick

Underwriting Lead

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