$2B Semiconductor-Fabrication Facility Project in Texas

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$2B Semiconductor-Fabrication Facility Project in Texas

Insured Profile

  • OCIP
  • Semiconductor-fabrication facility construction project in Texas
  • 48-month project

Placement

$10M x $15M x P project excess liability policy

Working with Shepherd

We received this OCIP submission shortly after an in-person meeting with the broker team. We provided our initial indication within 5 hours. We sent our formal quote within 3 business days of receiving the underlying details which solidified our position in the excess tower.

$2B Semiconductor-Fabrication Facility Project in Texas

Why We Won

At a capabilities meeting in November we introduced Shepherd’s capabilities, appetite, and specimen form. This opportunity was immediately identified as a project with a strong appetite fit and where we could competitively provide coverage in the excess program. Throughout the process, we worked closely with the producer to ensure all coverage needs were met while maintaining competitive pricing.

$2B Semiconductor-Fabrication Facility Project in Texas
“We engaged with Shepherd on a very large construction project and found that their team qualifications to understand the risk met and surpassed expectations. Throughout the entire process, their responsiveness and service model makes working with them feel like a breath of fresh air as they are incredibly efficient and truly work for the benefit of the Insured to understand the business needs and risk. I already have come back to Shepherd with several additional opportunities and am excited to continue working with them!”

Meet the underwriter

Lindsay Plotkin

Lindsay Plotkin

Underwriting Lead

Lindsay has close to 10 years of underwriting experience, primarily in construction and complex, liability-driven programs. She spent the first 7 years of her career at two large P&C companies prior to accepting a job with Shepherd at the start of 2021. Lindsay sits in Los Angeles.

Ready to work with Shepherd?

Appointed brokers can send submissions directly to our underwriting team. If you're not appointed, or are interested in learning more, reach out to say hello!