AllRisks Ltd., announced that a new in-house facility is available for middle market property insurance risks nationwide, excluding AK, HI, KY and IL. Property and ancillary inland marine can be written through the new facility with general liability for OLT classes in conjunction with property coming soon.
All Risks has the authority to place 100 percent of TIV risks, primary (first loss) and excess of loss-buffer with substantial capacity, $10,000,000 for any one addressed risk and up to $25,000,000 total. Hurricane wind is available for coastal states and earthquake available for all; however California earthquake is for all zones except A and B.
Some examples of eligible property risks include: habitational, institutional, real estate owners, light manufacturing, service risks, private warehousing/storage and distribution, non-diagnostic healthcare facilities, and vacant property.
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