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$41M GC in California utilizing Savings

$41M GC in California utilizing Savings

Practice
Savings

Insured Profile

  • General Contractor with some self-performed operations

  • Headquartered in California

  • Operations in CA

Placement

  • Contractor practice program

  • $10M x $20M x P follow-form excess liability policy

Working with Shepherd

We received the initial new business submission for this new contractor’s practice program. We provided our initial indication within 5 hours of receiving the submission and offered pricing at various attachment points throughout the process. Based on this client’s strong usage of Procore, they qualified for Casualty Pro. Following the insured’s consent, we were able to include the Procore data in our underwriting process.

Why We Won

Due to the insured's strong adoption of Procore, we were able to apply our Casualty Pro offering which provided the most competitive pricing terms for a $10M limit at an attachment below $25M. Responsiveness and availability helped keep the broker informed throughout our underwriting process. We provided pricing at a few different attachment points, giving the broker options as they built their tower.

Underwriting Profile

AlaskaHawaiiAlabamaArkansasArizonaCaliforniaColoradoConnecticutDelawareFloridaGeorgiaIowaIdahoIllinoisIndianaKansasKentuckyLouisianaMassachusettsMarylandMaineMichiganMinnesotaMissouriMississippiMontanaNorth CarolinaNorth DakotaNebraskaNew HampshireNew JerseyNew MexicoNevadaNew YorkOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVirginiaVermontWisconsinWest VirginiaWyoming

$10M Excess

$10M Excess

Underwriter

Lindsay Plotkin

Lindsay Plotkin

Underwriting Lead

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