Rolling CCIP Program in Utah and Idaho
Insured Profile
- Rolling CCIP
- Several projects in UT and ID
- 36-month project
Placement
- $10M x $20M x P
Working with Shepherd
The broker team sent this submission to Shepherd looking for support in building out the RCCIP excess tower. Shepherd provided our initial indication within 14 hours. Throughout the underwriting process, our team was actively engaged as project changes occurred and quoted multiple layer options that provided optionality for the broker team.
Why We Won
This opportunity came our way due to our growing partnership with the broker team. Thanks to our team's existing familiarity and history with the insured, we were able to confidently assess the risk and provide highly competitive terms. Our responsiveness and flexibility to support the unique program requirements was highly valuable to the broker team and showed our commitment to a long-term partnership with the insured.
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.