Targeted Market:

The target market is practice policies and project specifics for the following construction classes:

• Trade Contractors (i.e., street and road, landscaping, excavation, HVAC, plumbing, electrical, carpentry, interior fit out, masonry, etc.)

Coverage:

• Worker’s Compensation (WC) underwritten and serviced directly by Starr Indemnity
  • Issuing Companies: Starr Indemnity/Federal Insurance Company (Chubb)/Chubb Indemnity (Chubb)
  • Available in all 50 states
  • Minimum premium – $100K
  • The WC will be written as a supported line and can be done mono-line on a case-by-case basis

• General Liability (GL) – underwritten and serviced directly by Starr Indemnity
  • Issuing Company: Starr Indemnity
  • Available in all states
  • Minimum premium - $100K for mono-line GL. If the GL is packaged with the WC, there is no GL minimum.

• Commercial Auto (CA) - underwritten and serviced directly by Starr Indemnity
  • Issuing Company: Starr Indemnity
  • Available in all states except Hawaii
  • Minimum premium - $10K. Written as a supported line only.

Capabilities:

• Strong, stable markets – committed to long-term relationships.
• Long-term broker relationships – enhances turnaround time.
• Individualized solutions – coverage terms tailored to the needs of the client.
• Three Line (WC, GL and CA) approach.

Service:

• Deep industry knowledge – fast response time and creative underwriting solutions.
• Experienced claim staff – respond quickly and effectively to major events.
• Experienced actuarial staff – can assist in developing alternative programs.
• Experienced loss control staff – will cater visits and programs to insured's needs.
• Experienced credit analyst staff – review financial statements for installments and/or collateral needs
• Prompt, reliable and responsive professionals – consistently high level of service.

For items needed to provide a quote, please contact:

Anna Saldarriaga
anna.saldarriaga@starrcompanies.com
(646) 227-6673

The Commercial Construction Specialty at Starr provides creative insurance solutions for all types of construction projects and practice policies for large general contractors as well as trade subcontractors. Our team of experienced underwriting, claims, and operations specialists is dedicated to providing timely, flexible service.

The Starr Advantage

• $25MM Capacity – essential for major placements and projects
• Strong, stable markets – committed to a long-term relationship
• Follow Form Excess Liability – continuity of coverage, no gaps, defense in or defense out
• Flexible approach using Buffer, Lead or Excess – addressing all client needs
• Long-term broker relationships – enhances turnaround time
• Individualized solutions – coverage terms tailored to the needs of the client
• Primary and Excess casualty insurance programs - consistent application of coverage

Our Appetite for Risk

• Practice or Project/Wrap Policies
• CCIPS, OCIPS, Owner's Interest
• We target the ENR 400 and ENR 600 Contractors
• We can handle incidental residential exposures
• We prefer the lead position

Some of our Past Successes

• Lead Practice policy for large, national infrastructure contractor with revenue in excess of $1BN
• High rise, mixed-use, $350MM project in Manhattan
• Excess OCIP for well-known real estate holding company
• Rolling CCIP for nationally known General Contractor

Our Service Edge

• Deep industry knowledge – fast response time and creative underwriting solutions
• Experienced claims staff – respond quickly and effectively to major events
• Experienced actuarial staff – can assist in developing alternative programs
• Prompt, reliable and responsive professionals - consistently high level of service

What do we need from you?

• Standard information: applications, job lists, safety information, underlying insurance program
• 5-7 years currently valued losses by line
• Background of the opportunity – issues, problems?

Questions? Contact

John Atherton – john.atherton@starrcompanies.com – (415) 343-7906

Andy Robinson – andy.robinson@starrcompanies.com – (617) 378-4771

For over 30 years, Starr has provided a stable market for residential contractors and developers. Our expertise encompasses the ability to provide primary general liability, follow form excess, and retained limit excess coverages for construction of single family, multi-family, commercial grade mixed-use as well as condominium conversion work.