CCIP with ENR Top 400 Contractor
$70M for-rent apartment complex in Texas
18-month project
$8M x $30M x P project excess liability policy
Although this placement was challenging due to the residential project type and jurisdiction, our prior experience with the broker and client allowed us to move quickly with this opportunity. The client is an active Procore customer and reviewing the client’s usage data allowed us to gain additional confidence with the project’s risk controls. We provided indication feedback on the same business day we received the submission. We worked closely with the broker throughout the quoting process, and provided the requested capacity at target pricing to meet the project needs.
Due to prior experience with the broker and our ability to provide responsiveness and transparency throughout the quoting process helped secure our placement in the tower. Insured is a Procore customer and understanding their overall emphasis on safety and quality allowed us to provide additional capacity on this project with competitive pricing.
Underwriting Profile
$8M Excess
Underwriter
Lindsay Plotkin
Underwriting Lead
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