$26M Agricultural Buildings Contractor in Iowa

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.
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