rb-TrkICs Apr 1, 2020 9:27 AM
Seeking Umbrella Markets that can place over London Underwriters. Underlying CGL (1 Mil Occ/ 1 or 2 Mil Agg) and Contingent Auto (1 Mil). Many are small companies so the first layer is in minimum premium land; revenues under 2.5 Mil annual. Work Comp may exist to be excess for EL but not often requested. Nationwide opportunities. Some of these may be greater revenues. Sometimes the need is excess over only one coverage but needs for 1 to 4 Mil X over underlying is common. rb
NOTE that these risks are FMCSA registered Freight Brokers (MC) and Forwarders (FF). Many have existing relationship related to their Surety that supports their FMCSA registration. Contractual demands trigger the excess limits request. rb
mmccluskey Apr 3, 2020 10:23 AM
Ben Hoover of my office specializes in this sort of thing. Can definitely help. He can be reached at
843-540-3209 or bhoover@brooks-ins.com.
Brooks built itself on transportation and umbrella coverage which Ben focus's on. If you need any help on professional liability, cyber or D&O I'm your guy.
615-400-5522 mmccluskey@cadenceins.com
Mike
