We have two product solutions to best handle your insurance needs – Admitted and Non-Admitted. Our combined appetite allows us to accommodate a wide spectrum of risks from larger, more complex deals to smaller insureds with challenging exposures.
Target Classes/Coverages
- Manufacturing & Distributor Risks
- Apparel/Textiles, Construction, Farm, Industrial
- Wholesale & Retail
- Groceries/Food, Furniture, Beverage distributors, Retail stores
- Hospitality
- Hotels, Restaurants w/Liquor, etc.
- Real Estate
- Habitational, OL&T, Commercial
- Products
- Commercial/Industrial component parts
- Fabricated metals
- Furniture
- Machinery/Tools
- Non-critical auto parts
- Plastic, Rubber products, Wood pallets
- Service Industries
- Commercial Contractors (Non-Admitted handled by the Construction unit)
- General contractors
- Various trade contractors
- Additional Non-Admitted Excess Classes
- Bars
- Entertainment (Shell Corporations and Promoters)
- Social Services
- Special Events (Fairs, Races, Festivals)
Capacity
- Admitted Umbrella/Lead and Excess
- $15 million capacity written on an occurrence basis that can be used either in full at high attachments or split for ventilated placements.
- Non-Admitted Lead
- $10M Capacity
- Claims Made or Occurrence
- Non-Admitted Excess
- $15M Capacity in non-lead position
- Claims Made or Occurrence
Product Features
- Umbrella (Defender) Policy – Admitted
- Worldwide coverage
- Pay on behalf of the “insured” provision
- Contractual follow form waiver of subrogation (where available)
- No self-insured retention (except for NY $10,000)
- Covered pollution cost or expense for auto or mobile equipment related occurrences
- Pollution exclusion does not apply to BI/PD arising out of pollution caused by lightning/explosion
- Broad definitions of bodily injury includes shock, mental anguish, mental injury or humiliation
- Non-employment related discrimination in violation of a civil rights law is covered (where available)
- Double general aggregate is available for contractors, real estate and retail risks
- Excess Policy
- Multiple attachment points to best suit the insured’s needs providing competitive alternatives
- Excess Liability policy has few exclusions to closely follow form controlling underlying insurance
- Ability to participate in quota share layering of excess limits
- Will follow defense inside or outside of limits
- ISO based forms with manuscript capabilities
- UL Requirements
- A.M. Best Rating of A-VII or better
- $1M Automobile CSL
- General Liability Limits: $1M/ $2M/ $2M/ $1M
- Employer’s Liability Limits: $1M/$1M/$1M
Surplus lines products are available in California only through CoverXSpecialty Insurance Services, a licensed surplus lines broker (CA license #0573926)