Applied Specialty offers Primary and Excess Liability for project based construction exposures. One underwriter will oversee both submissions simultaneously. The facility is offered nationwide via appointed wholesale brokers.
Coverage is provided by AM Best rated A (Excellent) paper, Financial Size Category XI.
Appetite
The facility entertains project based CGL and Excess Liability on the following basis:
Wrap-Up
Rolling Wrap-Up
Project Specific insuring developer and general contractor
Owner Interest
Coverage Detail
Limits Available:
Up to 2M/4M/4M Primary CGL
Up to 10M in Excess limit
Limits Structure:
CGL only
Unsupported Excess in a lead or excess position
Primary and supported Excess with minimum 10M ventilation
Minimum Premium:
$75,000 for Primary
$50,000 for Excess Wrap
$30,000 for Excess Project Specific and Owner Interest
Broker Guidance

This appetite does not entertain New York construction, a separate appointment is required
Minimal appetite for new residential construction on a primary basis
The Project Based Appetite is a limited appointment. If you are the direct recipient of this email, your office or team has an appointment for this appetite.