Insurisk is CRC Group’s exclusive products facility has recently launched CAT+, an A rated property capacity for middle market business that is primarily CAT-exposed. CAT+ can accommodate costal exposure risks from Texas all the way to the Carolinas.
As recently reported in CRC Group’s State of the Property Market, insurers are taking a harder stance on the majority of property risks, seeking additional premium wherever possible and applying stricter underwriting, particularly to property valuations. CAT+ only available to CRC Group producers could be a perfect solution to fill the void where other markets might be struggling to provide competitive terms and pricing. Insurisk has already experience some great successes in binding these accounts for competitive terms and pricing.
Insurisk CAT+ Facility Highlights:
- Target Primary Layer
- $10M CAT Wind Limit
- $15M Non-CAT
- Minimum Premium: $10,000
- Eligible TIV’s up to $500M
- Value-added Claims Service by CJW
Excluded Classes of Business:
- Texas Habitational
- Aviation Hull & Liabilities
- Nuclear Facilities
- Off-Shore Exposures
- Builder’s Risk
- Standalone EQ or Flood
- Hull & Machinery
- Warehouseman’s
- Mortgage Impairment/P&I
- Stock Throughput
- Financial Guarantee
- Livestock
- Heavy Manufacturing
- Recycling Risks
For more info, click here or contact your CRC Group producer.