Case Studies
$97M High-Profile Luxury Hotel in Downtown Chicago

$97M High-Profile Luxury Hotel in Downtown Chicago

Project

Insured Profile

  • OCIP built by an ENR Top 400 Contractor

  • A high-profile luxury hotel project in downtown Chicago

  • 36-month project

Placement

  • $10M x $50M x P project excess liability policy

Working with Shepherd

Shepherd received the submission from the broker for this project and provided our initial indication within 4 hours. We presented multiple pricing options which allowed us to find the right spot in the tower to meet target pricing and terms. We turned around a quote within 1 business day.

Why We Won

Close communication with the broker allowed us to provide quick up to date deliverables as the project start date became solidified. Speed and flexibility to provide multiple pricing options allowed Shepherd to compete for several different layers of this program.

Underwriting Profile

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Underwriter

Costas Hadjipateras

Costas Hadjipateras

Head of Underwriting

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