Notable Accounts
We are often asked to provide examples of recently written accounts. The following represent risks that we have quoted/bound. If you have a specific risk you would like to discuss, please contact your underwriter for assistance.Casualty
Commercial GC in MA with $12MM in receiptsGL premium $48,000. $5MM umbrella. Premium $19,500.
Clinical trial on new drug
Premium $65,000.
Commercial GC with $8MM in revenue
Premium $40,000.
Small rigging and millwright operation in CT
$5MM limit. Premium $15,000.
Caulking and door installation contractor
Premium $24,000.
Marine inspection company with $5MM in receipts
Includes liability, marine operators, and boat dealers’ coverage. Premium $32,000.
Real estate developer building condos over 10 acres of land
Over $6MM in cost. Premises liability only. $3MM/$3MM limits. Premium $6,750.
Residential GC building over 50 elderly homes in MA
$3.3MM cost for 1 year. Premium $30,000.
OCP policy for 38 unit upscale condo being built in MA
$3MM/$3MM limits. Premium $13,900 based on $6.3MM in cost.
NY residential roofing contractor
Slate roofs only. Premium $65,000.
Property
Masonry/non-combustible warehouse in MA40% vacant. Square footage $375,000, building $13.5MM flat ACV, and rents $1.47MM. Property premium $42,400. GL premium $12,750.
Vacant building in CT
$8MM in value. Premium $40,000.
Vacant unsold properties in ME
Premium $10,000.
Excess flood on old mill in NH
Located in flood zone X. Premium $32,500.
Coastal builder’s risk that is $2MM in value
Premium $10,000.
Water damaged condominium that is $13MM in value
Premium $58,000.
Costal condominiums that are $6MM in value
Includes 1% wind/hail deductible. Premium $30,000.
400,000 square foot building in PA
90% vacant. Building $3MM flat ACV, basic perils, and a $10,000 deductible. Property premium $33,000. GL premium $20,500.
House under major renovation in Nantucket, MA
Completed value $2.6MM. $5,000 deductible except $35,000 wind/hail. Annual package premium $14,000.
Seasonal island resort hotel/restaurant
Premium $40,000.
Umbrella/Excess
$3MM excess $2MM excess auto on 35 busesPremium $28,000.
$3.5MM excess $1.5MM excess auto on 27 limousines
Premium $22,500.
$5MM umbrella over a high voltage lineman operation
Premium $11,000.
$10MM umbrella over a drug testing laboratory
Premium $80,000.
$5MM excess liability over a commercial contractor with $5MM umbrella
Premium $12,500.
Excess auto for 4 school buses, all 18 seats or less
$3.5MM excess of $1.5MM. Premium $7,000.
Charter bus operation with 265 buses
$20MM excess of primary $25MM auto liability. Premium $345,000.
$5MM umbrella over standard market primary program for an equipment rental company(cranes, scissor lifts)
Premium $47,500.
$10MM umbrella for a 56 unit senior living facility over a standard market BOP
No medical exposures. Premium $6,500.
$5MM umbrella over residential GC
Premium $85,000.
Personal Lines
$10MM personal umbrella for a Boston real estate executivePremium $3,232.
$2.5MM single family primary home under renovation in Hampden, MA
Located in Protection Class 9. $10,000 deductible. Premium $10,685.
$2.9MM single family frame secondary dwelling in Aquinnah, MA
Includes $550,000 guest house and large fine art schedule. $50,000 deductible. Premium $14,928.
$2.5MM seasonal dwelling on Martha’s’ Vineyard
Premium $9,920.
$2.5MM secondary dwelling Edgartown, MA
Includes enhancement endorsement, 125% extended RC, ID fraud, personal injury, water back-up, and special contents. Premium $10,044.
$3.4MM primary dwelling with 3 liability extensions in Vineyard Haven, MA
Premium $10,312.
$2.3MM one family frame primary dwelling in Oak Bluffs, MA
Premium $11,350.
$750,000 excess flood over $250,000 on a single family dwelling in Corolla, NC
Premium $15,000.
$5MM personal umbrella over 1 location and 4 vehicles for a prominent business owner in MA
Premium $2,481.
$1MM one family frame secondary home in Chilmark, MA
Premium $7,440.
Professional Liability
Technology consultant providing software sales and licensing and integration services with $3.75MM in revenues$1MM limit with a $10,000 retention. Premium $4,192.
Large group of nursing homes throughout New England with over 1,000 employees
Several claims including several regulatory actions alleged. $2MM limit with a $50,000 retention. Premium $160,000.
EPL for a research firm with under 10 employees
$500,000 limit with a $1,000 retention. Includes full prior acts, defense outside the limits, and third party coverage. Premium $908.
Small beverage manufacturer with outside equity and no current revenues
$1MM limit with a $5,000 retention. D&O coverage only. Premium $2,671.
Small non-profit D&O liability for a historical society
$1MM limit. $0 retention. Separate limits for the D&O and EPL and defense outside the limits. Premium $900.
Process engineer in MA with $200,000 in revenues
$1MM limit with a $5,000 deductible. Premium $6,000.
Physician located in ME with board actions against him and not having practiced in 5 years
$1MM/$3MM limits with a $5,000 retention. Written on a claims made basis retro inception. Premium $10,000.
Nurse staffing and home health firm with 32 employees
Combined GL and PL policy form. Both coverages written on an occurrence form including defense outside the limits and non-owned auto. $1MM limit with a $1,000 deductible. Premium $4,680.
Medical spa providing colon hydro therapy, massage, vitamin C injections, microdermabrasion, and including coverage for the physician providing services on behalf of the entity
Professional coverage only. $1MM limit. $2,500 deductible. Premium $10,000.
Accounting firm with several claims being non-renewed by the incumbent
7 CPA’s with revenues of $1,400,000. $1MM limit with a $10,000 retention. Premium $27,000.