$91M Street & Road (Highway) Project in Alaska
- Project is the reconstruction and extension of a highway located in the central Kenai Peninsula of Alaska
- First two phases (60-month project) of a multi-phase project
- Project specific JV
- Quota share $10M p/o $28M x $20M x P project excess liability policy
Working with Shepherd
We received the submission for this project with a request for pricing as soon as possible given the impending project start date. We provided our initial indication within 5 hours of receiving the submission and turned around our first proposal within 3 days of receiving the underlying details. We were able to quickly turnaround pricing at multiple layers throughout the process.
Why We Won
Our flexibility to price out multiple options and participate on a quota share basis helped secure our placement in the Excess tower. Close communication with the broker to understand the project needs and timeline combined with our ability to accommodate the phased structure of the project allowed us to provide a proposal that met the project needs.
Meet the underwriter
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.