$50M HVAC, Plumbing, & Piping General Contractor in Pennsylvania
Insured Profile
- Mechanical contractor specializing in HVAC, plumbing, and piping
- Headquartered in Pennsylvania
- Operations in OH, PA, and NY
Placement
- Contractor practice program
- $5M lead umbrella
Working with Shepherd
We received the initial submission for this contractor’s upcoming practice program renewal with a request for a lead umbrella placement. We provided our initial indication within 5 hours and finalized pricing, terms, and conditions less than 24 hours later. This allowed the broker to use this layer for pricing the remainder of the excess tower.
Why We Won
Unexpected changes to the insured's lead umbrella policy had the broker searching for alternative solutions shortly before the renewal. Shepherd’s ability to respond quickly to meet the insured’s coverage needs with a competitive premium lead to a binder and a strong broker partnership.
“Working with Shepherd was a fantastic experience”.
Meet the underwriter
Costas Hadjipateras
Costas has 11 years of underwriting and management experience in the casualty space. Costas started his career with Chubb's primary Construction Group in Los Angeles, and eventually managing the Foreign Casualty unit for Chubb's Pacific Region. Before joining Shepherd he was most recently with the Hartford, where we has an Executive Underwriter in their Northern California Middle Market Division.