General contractor and developer
Headquartered in New York
Operations in NY and NJ
Contractor practice program
$10M x $30M x P follow-form excess liability policy
We received the submission for this NYC-based contractor practice program renewal. We provided our initial indication within 7 hours of receiving the submission. Although a majority of the exposure was in a difficult jurisdiction, we had an appetite for the program based on the requested layer, program structure, and terms. We turned around our formal quote within 3 business days after receiving the underlying terms.
Close and consistent communication with the broker allowed our team to meet target pricing, terms, and conditions by the requested timeline. Deep expertise and background in NYC construction from the Shepherd underwriting team was a critical factor. We confidently wrote the NYC-based risk due to the insured’s strong loss history and safety control measures (including Procore).
Underwriting Profile
Underwriter
Chris Bolick
Underwriting Lead
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$7.5M p/o $15M excess liability policy for contractor practice program
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Any appointed broker can send submissions directly to our underwriting team
