Insurance:
All-Risk Property - United States
Overview
Endurance U.S. Insurance Operations provides all-risk property underwriting nationwide schedules. We look to serve insureds that seek a committed, reliable long-term partner with a breadth of capability. To those ends, we bring significant capacity, a creative underwriting approach, and a highly experienced all-risk team. Endurance U.S. Insurance Operations can be accessed through a highly select network of top wholesale brokers.
We anticipate eventual extension of all-risk coverage to other geographic locations as business and resources develop. With an ongoing commitment to serve the varied property exposure needs, Endurance pays constant attention to changes in the marketplace environment. This allows us to keep placement recommendations timely and responsive. We can also fulfill special requirements and needs.
Target Clients
Broad list of business considered – wide range of property exposures considered
Desired occupancies include:
- Office buildings
- Municipalities
- Real estate schedules
- Retail
- School districts
- Shopping centers
Will consider:
- Apartment house schedules and condos
- Inland Marine accounts
- Builders risks with the exception of frame construction
Product
Capacity
- In-house capacity of $25 million – ability to expand limits using facultative reinsurance
Minimum Premium
- Minimum premium of $100,000 on primary accounts
- Minimum deductible of $10,000
Policy Forms
- We can provide Endurance forms or consider alternative forms as submitted by the broker subject to underwriting approval.
Coverage Features
- We have underwriting personnel with extensive training and experience in the all/risk product line. We have the ability to tailor our coverage to the needs of the insured through our coverage form and the ability to offer sub-limits which may needed to cover specific exposure the insured needs to cover.
Underwriting Capabilities
- We have the ability to cover nationwide schedules of properties.
- Can offer primary or excess capacity on larger accounts
- Can offer earthquake and flood in concert with all/risk perils
Submission Requirements
- Need 5-year loss history
- Statement of values provided in an electronic format to include: address with zip code, construction, occupancy, year built, # of stories, square footage of building(s) and values by coverage
- We do evaluate insurance to value when underwriting property exposures.
Contact Information
John Zachry
President and Chief Property Officer
Endurance U.S. Specialty Services
+1 213-270-7001
jzachry@enhinsurance.com
Locations:
Chicago Office
Endurance U.S. Insurance Operations
10 So. Wacker Drive, Suite 2970
Chicago, IL 60606
Tel No. +1 312-706-1800
Fax No. +1 312-706-1802
Los Angeles Office
Endurance U.S. Insurance Operations
725 S. Figueroa Street, Suite 2100
Los Angeles, CA 90017
Tel No. +1 213-270-7000
Fax No. +1 213-270-7800