Infrastructure

Reinforcing crucial projects with strong coverage

Applied Specialty Underwriters® has launched a new underwriting facility targeting infrastructure construction. The facility is offered nationwide to appointed wholesale brokers.

Coverage provided by AM Best rated ‘A-’ (Excellent) carriers, Financial Size Category XI.

Appetite

The facility entertains project-based and annual CGL and Excess Liability for the following infrastructure construction exposures:

• Electric power and distribution

• Solar and wind turbine erection

• Road and bridges

• Tunnels

• Rail

• Telecom and broadband

• Airports, particularly terminal work

• Pipelines

• Coastal and inland ports

• Locks, levees, and dams

• Water treatment plants

• Waterline projects

• Government infrastructure

Coverage Detail

• Wrap-Up

• Rolling Wrap-Up

• Project Specific insuring developer and general contractor

• Owner interest

• Annual renewable

Limits Available:

• Up to $2M/$4M/$4M Primary CGL

• Up to $15M in Excess limit

Excess Limit Structure:

• Unsupported Excess in a lead or Excess position

• Primary and supported Excess with minimum $10M ventilation

Minimum Premium:

• $50,000 Policy Minimum

Submission Requirements:

• Completed Applied Specialty Underwriters supplement application or equivalent application

• Project site map

• Detailed construction budget

• Construction timeline

• General contractor’s site-specific safety plan

• Loss history appropriate to risk