Commercial Lines
Houses of Worship
A 24,000-square-foot church with a building value of $4.18 million and business personal property valued at $600,000: General liability limits of $1 million/$2 million, abuse limits of $500,000/$1 million, and pastoral professional limits of $1 million/$1 million were provided. This insured runs a food pantry and youth outreach operations that are covered under the policy. The annual package premium is $21,502.
Excess Commercial Umbrella (Layering)
We wrote a $5 million second layer umbrella policy over a $5 million lead umbrella policy. The underlying risk includes several mobile home park communities, with amenities like clubhouses and tennis courts. The risk also includes incidental exposures of a few apartment complexes, each with less than 100 units. The umbrella coverage is over general liability and auto liability. The annual premium is $5,000.
Janitorial
A cleaning service company with six full-time and five part-time employees: The annual premium of $6,266 includes our property damage extension endorsement. A $1 million excess limit was also bound for $1,065.
Vacant Building Under Renovation
A vacant apartment building with a total insured value of $2.65 million, with $650,000 in renovations: General liability limits of $1 million/$2 million were provided for an annual package premium of $14,531.
Specialty Lines
Errors and Omissions, Media and Privacy (EMP)
An IT company with $40 million in revenue: An errors and omissions, medical and cyber liability limit of $5 million was provided for a premium of $30,000.
Excess Management Liability
A nonprofit organization, with $47 million in revenue and 490 employees, providing educational and recreational services and care for children with special needs: We provided $5 million excess over a primary $5 million directors and officers and employment practices liability limit for a policy premium of $16,000.
Excess Professional Liability
A technology company with $27.4 million in revenue developing virtual training software: We provided $5 million excess over a primary $5 million errors and omissions and cyber liability limit for a policy premium of $17,500.
Management Liability (Executive ViewPoint)
Private company: We provided separate limits of $2 million for directors and officers and $2 million for employment practices liability for a steel manufacturer with $38 million in revenue and 80 employees. The policy premium is $22,800.
Nonprofit: We provided separate $3 million limits for directors and officers and employment practices liability and a $1 million fiduciary liability limit for a social service and behavioral health agency with $18 million in revenue and 270 employees. The policy premium is $21,000.
