$44M Structural Contractor in Minnesota
Insured Profile
- Structural contractor specializing in steel erection
- Headquartered in Minnesota
- Operations in MN, MT, OR, SD, and WI
Placement
- Contractor practice program
- $5M lead umbrella
Working with Shepherd
This opportunity was presented to Shepherd, and we promptly responded with an initial indication within just 24 hours of receiving the submission. While the initial request was for an excess placement, we recognized the potential and demonstrated our strong appetite for the lead umbrella by producing a proposal within just 2 business days after receiving all the underlying details.
Why We Won
We recognized the importance of this account early on and worked closely with the broker to establish ourselves as the preferred lead layer provider. Our emphasis on clear communication and prompt responsiveness allowed us to gain a deeper understanding of the coverage needs, enabling us to present the most competitive pricing option. By consistently following up and providing swift turnaround times, we were able to secure our position in the tower early on, paving the way for the broker to build on top of us.
I can say that Chris Bolick was highly responsive throughout the process. He proactively followed up for information to demonstrate a strong interest in the insured. He met our target which was instrumental in securing the 5x5 pricing and finalized a great Excess renewal for the insured. I will definitely think of Shepherd for my future Excess opportunities.
Meet the underwriter
Chris Bolick
Chris has close to a decade of experience underwriting casualty in both the USA and Asia markets. He started his career with Chubb’s Global Casualty group in Los Angeles before doing stints in both Thailand and Hong Kong in Chubb’s APAC Major Accounts Casualty group. Before joining Shepherd he was most recently the Deputy Head of Major Accounts P&C for Chubb Hong Kong.