The following are examples of recently bound accounts at Devon Park Specialty.
Commercial Lines
Excess Layering
- Excess over apartment buildings in Connecticut
- Schedule of 6 locations with 4-15 apartment units at each location
- $3 million excess over $2 million excess liability policy
- Annual premium of $3,750
Excess Liability
- Excess over a 33-unit mobile home park in North Carolina
- $1 million excess over $1 million/$2 million primary general liability limits
- Annual premium of $500
Ground-up Construction
- Ground-up construction of a 13,000-square-foot dwelling in New Jersey
- Building limit of $4 million
- Transit, temporary storage, value plus property enhancement and equipment breakdown coverages included
- Written on an Inland Marine form
- Annual premium of $9,900
Mobile Home Park
- 31-pad family-oriented mobile home park in Illinois
- 28 homes owned by the park and rented to others
- $1 million/$2 million general liability limits
- Annual premium of $2,120
Truckers General Liability
- 16 power units located in Minnesota
- Delivery of general freight and household goods
- Blanket additional insured included
- $1 million/$2 million general liability limits
- Annual premium of $950
Vacant Building and Vacant Land
- 42,000-square-foot manufacturing building and 4 acres of vacant land in Massachusetts
- Total insured building value of $4,681,000
- Replacement cost and Special Form coverage
- Equipment breakdown included
- $1 million/$2 million general liability limits
- Annual premium of $13,675
Vacant Building With Renovations
- Vacant bed and breakfast with two buildings in North Carolina
- 12,305 total square feet of both buildings
- $2,460,600 existing building values with $650,000 in renovations broken out between the two buildings
- $60,000 business personal property broken out between the two buildings
- Ordinance and law and equipment breakdown coverages included
- $1 million/$2 million general liability limits
- Annual premium of $19,503
Specialty Lines
Executive ViewPoint (Management Liability)
- Transportation company
- $8.2 million in revenue and 107 full-time-equivalent employees
- Separate $1 million directors and officers and employment practices liability limits with an additional defense limit of $1 million
- Annual premium of $14,750
- Startup technology company with adequate funding and burn rate to maintain their operations while in the pre-revenue stage
- $1 million directors and officers limit
- Annual premium of $6,500
Errors and Omissions, Media and Privacy
- Information technology and software consultant specializing in key software development, IT consulting, infrastructure management and digital operations
- $54 million in revenue
- $5 million errors and omissions, media and cyber liability primary limit with a $50,000 retention
- Annual premium of $96,000
Excess Professional
- Data solutions and analytics consulting company offering a number of services, including data management, cloud engineering, digital visualization, data science and data analytics
- $45 million in revenue
- $5 million limit excess of $10 million errors and omissions, media and cyber liability
- Annual premium of $58,000
Please send submissions to [email protected] or [email protected].
