Excess & Surplus Large Property
Burns & Wilcox now ranks as North America's largest and most capable independently owned insurance wholesaler.
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- 8/19/2008 12:00:00 AM)
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There's no such thing as a "standard" large property application. Every mall, office building and warehouse has unique circumstances and potential risks that may require special attention. With so much at stake, it's important to choose an insurer with the expertise to understand all the complexities involved in these policies.
At Burns & Wilcox, our large property underwriters have Lloyd's of London binding authority to quote for policy risks of up to $20 million. With these in-house capabilities, we can offer a very fast turnaround time on your submission. In fact, we promise to respond with a competitive quote for your large property submission within 24 hours. When we work with open market resources on quotes, the sky's the limit.
Burns & Wilcox has been a recognized leader in E&S insurance for more than 35 years, and we're proud of our A- XV rating from Lloyd's of London. And here's good news for agents-no other MGA offers such outstanding home office support for independent agents and their customers.
Coverage for all your Large Property needs:
- Office buildings
- Restaurants
- Condominiums
- Manufacturing/Warehousing
- Shopping plazas
- Churches
- Hotels
- And more
Coverage Details:
- Limits up to $20 million per individual risk in-house
- Risks over $20 million through open-market resources
- First loss max $5 million
- Most classes of business available (exceptions include woodworking manufacturers, plastics manufacturers and strip clubs)
- Excess of loss-minimum excess point greater of $1 million or 20% of TIV
- Maximum TIV of $50 million
- A- XV-rated carrier
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