The following are examples of recently bound accounts at Devon Park Specialty:
Commercial Lines:
Commercial Excess Layering
- Excess liability over 43,270 square foot office building in Florida
- $5 million excess liability over $10 million excess and $1 million/$2 million primary general liability limits
- Annual excess liability premium of $4,690
Janitorial Services
- 15 full-time employees cleaning residential locations in Oregon
- Rental reimbursement and lost key coverage included
- Equipment breakdown and blanket additional insured included
- $1 million/$2 million general liability limits
- Annual premium of $10,730
Owner Acting as General Contractor
- New construction of a two-story residential home where the property owner is acting as the general contractor in California
- Total insured building value of $1.2 million
- $1 million/$2 million general liability limits
- Annual general liability premium of $2,126
Trucker’s General Liability
- 40 power units
- Delivery of general and FedEx freight in New Jersey
- Blanket additional insured
- $1 million/$2 million general liability limits
- Annual premium of $3,183
Vacant Building Under Renovation
- 24,700 square foot warehouse to undergo renovation work for an interior update in North Carolina
- $2 million existing building value with $2.2 million in renovations
- $25,000 business personal property
- Special form coverage
- $1 million/$2 million general liability limits
- Annual package premium of $32,531
Vacant Building and Excess Liability
- 15,000 square foot vacant restaurant building in Arizona
- $3.5 million total insured building value
- Equipment breakdown coverage included
- $5 million excess liability over $1 million/$2 million general liability limits
- Annual package premium of $17,156 and annual excess premium of $2,500
Specialty Lines:
Executive View Point: Management Liability
Manufacturer and retailer of pumps and energy recovery devices for brackish and seawater reverse osmosis desalination systems
- Separate $1 million limits for directors and officers liability, employment practices liability and fiduciary liability
- $19 million in revenue and 75 full-time equivalent employees
- Premium of $8,679
Manufacturer of Sputtered Materials
- $1 million limits for directors and officers liability and employment practices liability
- Additional defense costs for both coverage parts
- $13.4 million in revenue and 85 full-time equivalent employees
- Premium of $9,962
Errors and Omissions, Media and Privacy
Software developer and IT staffing consultant specializing in custom software development and IT systems analysis, integration and related consulting services
- Revenue of $24 million
- $5 million limits for errors and omissions, media and cyber liability
- Premium of $42,126
Excess Professional
Data analytics and technologies consultant and managed service provider
- Revenue of $45 million
- $5 million excess $10 million for errors and omissions, media and cyber liability
- Premium of $58,000
Please send submissions to [email protected] or [email protected].
