Case Studies
$70M Apartment Complex in Texas utilizing Savings

$70M Apartment Complex in Texas utilizing Savings

Project
Shepherd Savings

Insured Profile

  • CCIP with ENR Top 400 Contractor

  • $70M for-rent apartment complex in Texas

  • 18-month project

Placement

  • $8M x $30M x P project excess liability policy

Working with Shepherd

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.

Why We Won

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

AlaskaHawaiiAlabamaArkansasArizonaCaliforniaColoradoConnecticutDelawareFloridaGeorgiaIowaIdahoIllinoisIndianaKansasKentuckyLouisianaMassachusettsMarylandMaineMichiganMinnesotaMissouriMississippiMontanaNorth CarolinaNorth DakotaNebraskaNew HampshireNew JerseyNew MexicoNevadaNew YorkOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVirginiaVermontWisconsinWest VirginiaWyoming

$8M Excess

$8M Excess

Underwriter

Lindsay Plotkin

Lindsay Plotkin

Underwriting Lead

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