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$83M Apartment Complex in Austin utilizing Savings

$83M Apartment Complex in Austin utilizing Savings

Project
Savings

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.

Underwriting Profile

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$10M Excess

$10M Excess

Underwriter

Lindsay Plotkin

Lindsay Plotkin

Underwriting Lead

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