"The Shepherd team provided multiple limit options as we tried to restructure the primary and excess program to achieve cost savings. While the structure ended up staying the same, Shepherd quoted additional limits that the client decided to purchase to support them as their business grows."
Electrical and engineering contractor
Headquartered in New Jersey
Operations in 13 states
Contractor practice program
$5M x $45M x P follow-form excess liability policy
We received the submission for a practice program renewal. We provided our initial indication within 1 business day after receiving full submission details and provided a formal quote within 2 business days of receiving the underlying terms. We spent time with the broker to understand the client’s operations and exposures in order to gain a thorough understanding prior to quote. We also provided pricing at multiple layers to help the broker successfully build their tower.
Our flexibility to quote multiple layers and our ability to thoughtfully consider specific exposures in our underwriting helped secure our placement in the tower. Our responsiveness and transparency throughout the quoting process provided open communication which allowed us to form a quick and strong partnership with the brokerage team.
Underwriting Profile
Underwriter
Chris Bolick
Underwriting Lead
More Case Studies
$121M High Speed Rail Project in California
Quota share $10M p/o $50M project excess liability policy for 10-month project
$275M Street and Road Contractor in Florida
uota share $7.5M p/o $15M excess liability policy for contractor practice program
$168M Highway and Heavy Construction Company in New Jersey
$5M excess liability policy for contractor practice program
Any appointed broker can send submissions directly to our underwriting team
