The following are examples of recently bound accounts at Devon Park Specialty.
Commercial Lines
Builder’s Risk
- Ground-up construction of a 3,500-square-foot dwelling in Georgia
- Building coverage limit of $976,000 in protection class 9
- Transit and temporary storage limits of $97,650 each included
- Value Plus endorsement included
- Annual inland marine premium of $3,032
Excess Layering
- Excess liability layer over several vacant dwellings in Massachusetts
- $5 million liability coverage over $5 million excess liability policy
- Annual excess premium of $9,000
Excess Liability
- Excess liability over vacant buildings in Pennsylvania
- $5 million excess liability over $1 million/$2 million general liability limits
- Annual excess premium of $2,000
Mobile Home Park
- Mobile home park in Missouri
- 43 pad sites leased to others
- $1 million/$2 million general liability limits
- Annual general liability premium of $1,393
Truckers
- Trucking corporation with 45 power units in Texas
- Waiver of rights of recovery and blanket additional insured
- $1 million/$2 million general liability limits
- Annual general liability premium of $9,048
Vacant Building
- 99,000-square-foot vacant mall in Colorado
- Total insured building value of $4 million
- Special Form coverage
- Annual property premium of $21,547
Vacant Building With Renovations
- 6,000-square-foot six-unit apartment building under renovations in Arizona
- $3.1 million existing building value, with $715,000 in renovations
- Replacement cost coverage
- Annual property premium of $15,437
Specialty Lines
Errors and Omissions, Media and Privacy
- Company providing full-service IT solutions:
- $25 million in revenue
- Shared $3 million errors and omissions, media and cyber liability limit
- Premium of $16,000
- Marketing consultant:
- $26 million in revenue
- Shared $5 million errors and omissions, media and cyber liability limit
- Premium of $26,600
Excess Professional Liability
- IT consulting services with over $45 million in revenue
- $5 million excess limit over a primary $5 million technology errors and omissions and network security limit
- Premium of $20,000
Excess Management Liability
- Private company:
- Specialty contractor servicing the industry for over 30 years, with $20 million in revenue and 150 employees
- Separate $2 million limits for directors and officers and employment practices liability
- Premium of $14,700
- Private company:
- Manufacturer of motocross accessories, with $4 million in revenue, $1.3 million in plan assets and 20 employees
- Separate $1 million limits for directors and officers and employment practices liability
- Premium of $7,000
- Nonprofit:
- Social assistance organization, with $48 million in revenue and 475 employees, providing child development services to income-eligible families
- Shared $3 million limits for directors and officers and employment practices liability
- Premium of $20,300
Please send your submissions to [email protected] or [email protected].
