$70M Apartment Complex in Texas utilizing Casualty Pro
Insured Profile
- CCIP with ENR Top 400 Contractor
- $70M for-rent apartment complex in Texas
- 18-month project
Placement
- $8M x $30M x P project excess liability policy
Working with Shepherd
Although this placement was challenging due to the residential project type and jurisdiction, our prior experience with the broker and client allowed us to move quickly with this opportunity. The client is an active Procore customer and reviewing the client’s usage data allowed us to gain additional confidence with the project’s risk controls. We provided indication feedback on the same business day we received the submission. We worked closely with the broker throughout the quoting process, and provided the requested capacity at target pricing to meet the project needs.
Why We Won
Due to prior experience with the broker and our ability to provide responsiveness and transparency throughout the quoting process helped secure our placement in the tower. Insured is a Procore customer and understanding their overall emphasis on safety and quality allowed us to provide additional capacity on this project with competitive pricing.
Meet the underwriter
Lindsay Plotkin
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.