Our local coverholder relationships enable us to efficiently provide long term capacity for risks that would not otherwise make it to Lloyd’s.
We specialise in providing coverage for financial institutions, loan servicers and property investors. This includes Lender Placed Hazard and Flood protection, covering property collateralised for mortgages where post loan closing insurance has lapsed, cancelled or non-renewed.
Where a financial institution forecloses on a property following loan delinquency or an investor purchases a portfolio of properties, it can be covered under a Real Estate Owned (REO) policy. We also offer Mortgage Impairment coverage, which protects a financial institution’s owned and serviced loan portfolio against physical loss or damage where no other insurance exists and the loan is in default.
Commercial & Residential
Our long established portfolio insurers dwellings and homeowners as well as a variety of commercial risks throughout North America, including the Gulf and Atlantic coast territories.
We write primary and secondary dwellings on ISO forms and provide ISO basic, broad and special perils coverage for our commercial insureds. We can also insure separately the perils of flood and earthquake for our residential and commercial clients.
High Value Homeowners
Our underwriters have lead market expertise in high value or high risk personal lines exposures focusing on North America and the Caribbean. We provide underwriting solutions to individuals, trusts or corporations owning or occupying high value or unusual residential dwellings or condominiums. This includes primary, secondary, seasonal, rental, vacant and under construction or renovation. Our competitively priced HomeGuard product offers five levels of protection – graduating from ‘standard’ to ‘exceptional’, cover can be tailored to a client’s precise requirements.
Commercial General Liability
We write premises risk exposures, but can include Artisan Contractors, Truckers’ General Liability, Non-trucking Liability and Automobile Liability.
Motor Truck Cargo/Auto Physical Damage
Our portfolio is focused on a limited number of specialist transportation brokers and agents. Coverage is offered in both the USA and Canada. We specialise in writing small fleets and owner operators.
We offer Primary and Excess Flood solutions for Residential, Condominium and Commercial and Commercial risks throughout the USA. Optional Loss of Rents and Business Interruption cover is also available.
Our maximum available capacity is as follows:
- Property Financial: US $5m
- Commercial: US $5m
- Residential: US $2m
- High Value Homeowners $20m
- CGL: US $1m per occurrence / US $2m in the aggregate
- MTC / APD: US $500k / US $1m
- Flood US $ 5m