The Construction Business Group is an extension of the Crump/Tri-City Property Department. We operate as a team-based entity, offering a substantial depth of knowledge and service to our clients. With over 20 years of experience, expertise and dependable service, we are able to manage hard to place frame, non-frame and engineered Course of Construction (COC) Risks.
London Facility
- Crump/Tri-City proprietary facility 100% Underwriters at Lloyds
- $20MM capacity: Full value, quota share - primary or excess
- Most competitive on $10MM FCV or greater wood frame construction (including soft costs)
- All occupancy or construction types
- Multiple or single buildings - competitive on excess, but not on primary homebuilders
- Accounts written without the usual watchman warranty (rate adjustments and approval required)
- - Other standard warranties negotiable as well
- No size limit - $50MM FCV project has been placed using the facility, and open market to complete
- ALS 72 Builders Risk Form
- Quake outside of California is competitive but goes to underwriters in London for their rating
- Same for Flood - underwriters will consider 100 year flood zones
- 18 month maximum - longer periods require underwriter approval but can be written with Notice to Cancel at anniversary
- Full Terrorism (TRIA and Non-Certified with no sunset clause) available at nominal pricing for non-urban exposure
- Builders' Risk Construction Questionnaire
- - To be completed on every account in order to bind
- - Basics needed to quote premium (location, contractor
- FCV, COPE and length of contract)
- - Final conditions are dependent on questionnaire
- results
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