Forward-thinking answers for your project-specific needs
Applied Specialty Underwriters offers Primary and Excess Liability for project-based construction exposures, with a single underwriter overseeing both submissions. The facility is offered nationwide via appointed wholesale brokers.
Coverage provided by AM Best rated ‘A’ (Excellent) carriers, Financial Size Category XI.
The facility entertains project-based CGL and Excess Liability on the following basis:
Project-specific insuring developer and general contractor
Up to $2M/$4M/$4M Primary CGL
Up to $15M in Excess Limit
Unsupported Excess in a lead or Excess position
Primary and supported Excess with minimum $10M ventilation
Minimal appetite for new residential construction on a Primary basis
Project-based appetite written via appointed wholesalers
Completed Applied Specialty Underwriters project application or equivalent application
Project site map and architectural renderings
Geotechnical report less than 4 years old
Detailed construction budget
General contractor's site-specific safety plan
Five years of currently valued practice policy loss runs or currently valued loss runs for three recently completed project policies, including description of any large losses.