Case Studies
$26M Agricultural Buildings Contractor in Iowa

$26M Agricultural Buildings Contractor in Iowa

Practice

Testimonial

"I typically do not handle construction but work with an account that has a construction arm. When I learned of Shepherd, I was extremely excited to hear of your capacities. What I was pleasantly surprised about was the level of service that came with it. Chris Bolick was fantastic and turned the quote around within 2 hours of receiving the submission. This submission included a very tight quote timeline so Chris not only displayed the level of care and support to help with this client, but also the level of expertise to understand the risk and provide competitive terms. It was a truly impressive performance that I have shared and hope to see the partnership between Shepherd and us continues to flourish. Thanks team Shepherd!"

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Insured Profile

  • $26M general contractor specializing in farm and agricultural related buildings

  • Headquartered in Iowa

  • Operations in IA, IL, KS, MN, and MO

Placement

  • Contractor practice program

  • $10M x $5m x $5m x P

Working with Shepherd

The broker sent this submission to Shepherd looking for a quick turnaround on a 10x10 layer. Our team had an immediate appetite for the risk due to the captive program, risk profile, and jurisdiction. We turned around our formal proposal in just two hours after receiving the submission, which bound the following business day.

Why We Won

Two key factors contributed to this win: expertise and speed. Our team had prior experience working with the captive that this client was a part of so we were able to quickly assess the risk and program needs with confidence. This allowed us to act quickly and provide a thorough quote that met the requested terms and pricing on the same day - helping the broker meet their timeline.

Underwriting Profile

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Underwriter

Chris Bolick

Chris Bolick

Underwriting Lead

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