The following are examples of recently bound accounts at Devon Park Specialty.
Commercial Lines
Commercial Excess Layering
- Excess liability over 15 self-storage facilities
- $5 million excess liability over $5 million underlying excess liability
- Annual excess liability premium of $7,500
Ground-up Construction
- New construction of a car wash and detail center with a completed value of $4.9 million
- Transit, temporary storage, soft costs, value plus and equipment breakdown coverage included
- Annual inland marine premium of $8,310
Janitorial Services
- Eight part-time and four full-time employees cleaning offices and stores
- Property damage extension, employee theft of customer’s property, and blanket additional insured coverage included
- Janitorial equipment, rental reimbursement, and lost key coverage included
- $1 million/$2 million general liability limits
- Annual package premium of $6,468
Mobile Home Park
- 49 pad family-oriented, pet friendly mobile home park
- 30 park-owned homes leased to others
- $1 million/$2 million general liability limits
- Annual liability premium of $4,541
Truckers General Liability
- General freight hauler with 32 power units
- Blanket additional insured, primary and non-contributory, and waiver of rights of recovery included
- $1 million/$2 million general liability limits
- Annual liability premium of $1,671
Vacant Building
- 61,800 square commercial warehouse
- $3.85 million in building coverage and $200,000 of business personal property
- Equipment breakdown included
- General liability limits of $1 million/$2 million
- Annual package premium of $37,597
Specialty Lines
Technology/Miscellaneous E&O and Media & Cyber
A professional services organization that delivers tailored solutions in critical business areas such as enterprise resource planning, supply chain management and cybersecurity.
- $5 million limits for errors and omissions, media, and cyber liability
- $17 million in revenue
- Premium of $26,231
Excess Professional Liability
Premier cloud services and enterprise technology consulting and staffing firm focused on SAP, AWS, cybersecurity and salesforce.
- $3 million excess over $2 million primary for errors and omissions, media and cyber liability
- $15.76 million in revenue
- Premium of $21,885
Data security provider that blends security and digital operations to deliver secure operations at scale.
- $5 million excess over $5 million primary for errors and omissions, media and cyber liability
- $35 million in revenue
- Premium of $46,110
Business consultant partner specializing in enterprise applications, automation, cloud and cybersecurity.
- $3 million excess $2 million for errors and omissions, media, and cyber liability
- Drop down over sublimits up to $1 million
- Revenue of $19.7 million
- Premium of $25,376
