$83M Apartment Complex in Austin utilizing Casualty Pro
Insured Profile
- CCIP with ENR Top 400 Contractor
- $83M for-rent apartment complex project in Texas
- 30-month project
Placement
- $10M x $28M x P project excess liability policy
Working with Shepherd
This was a difficult placement given the nature of the work and jurisdiction of the project. That said, we were able to get comfortable given the client’s qualification for Casualty Pro based on their Procore usage. We received the initial submission for the project and worked closely with the broker as the project timeline and placement details were finalized. We provided our indication within 1 business day and offered quick feedback regarding our capabilities. Through daily communication, we were able to quickly accommodate project changes as they arose and provide a final proposal that met the client’s needs.
Why We Won
Our ability to provide quick and consistent feedback and transparency throughout the quoting process helped us build a strong relationship with the broker and secure our placement in the tower. Insured is a Procore customer and reviewing the client’s usage data, and understanding their overall emphasis on safety and quality, allowed us to gain comfort with the project.
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.