NEW MARKET ANNOUNCEMENT
FOOTPRINT
  • All states

TARGET CLASSES
  • NYC Contractors
  • Office
  • Religious Institutions
  • Schools
  • Retail
  • Warehouses
  • Shopping Centers
AVAILABLE PRODUCTS
  • General Liability
  • Monoline Property
  • Inland Marine
  • Excess Liability
  • Flood and Excess Flood


Minimum Premium $750

NEW YORK CITY CONTRACTORS
Customized coverage for small to mid-size contractors
REQUIREMENTS
  • 1M/2M Limits Available
  • Target risks less than $10M gross receipts
  • 5 Story Height Limitation
  • Soft Hammer Clause
  • Will NOT consider hazardous trade classes
  • Action over sub-limit available
  • Minimum10K SIR
  • Premium is Auditable
  • Non-admitted (AM Best A XV)
  • Broad CGL Coverage Form
  • A.I. / Waiver / Primary - Included
HIGHLIGHTS
  • Artisans and General Contracting
  • Limited action over coverage available
  • Designed for small/medium sized risks
  • Minimum 3 years in business with loss runs
  • Rated on receipts
PROPERTY
REQUIREMENTS
  • 1960 or newer unless completely renovated
  • TARGETING: Offices, shopping centers, warehouses, religious institutions, schools, retail, etc.
  • 50% minimum occupancy
  • Minimum square footage valuation required
  • NOT A MARKET: vacant buildings, apartments, heavy mfg., bars, nightclubs, or hotels
HIGHLIGHTS
  • Ability to package general liability and flood on select risks
  • Up to $10 Million in capacity per location
  • Available to all construction types, subject to distance from coast
  • A(XV) rated carrier
  • Property extension endorsement available
  • Various deductibles available
  • Equipment breakdown available
EXCESS LIABILITY
Designed for small to medium sized businesses with over 400 eligible classes
REQUIREMENTS
  • 1/2/1 minimum attachment for GL limits
  • 1 M CSL minimum attachment for auto
  • $500,000 minimum attachment for EL
  • Complete underlying carrier, effective dates, and limits
  • Clear description of operations and exposures
  • Loss information
  • Underlying carrier must be AM best rated A-(VII) or better
HIGHLIGHTS
  • Up to $5,000,000 in capacity
  • Over 400 bindable classications
  • Mt. Hawley Insurance (RLI Group) A+ (XII) rated
  • Can attach over EL, GL, Auto and Liquor liability
  • Low minimum premiums on many classes
  • Short-term options available
QUESTIONS?

Ariana Ramos
SVP | Business Development
(phone) 617-614-1216
(fax) 617-243-7516
COVID-19 Resource Center
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