E&S Casualty
Solutions for today’s evolving commercial risks
Munich Re Specialty Insurance offers wide-ranging primary and excess commercial casualty insurance solutions through our select wholesale broker network. Our broad risk appetite, experienced individual risk underwriting teams, and proven service responsiveness is backed by coverage through our A+ rated carriers. You will get timely, trusted, and highly-tailored coverage to meet clients’ most complex needs.
We are an E&S solutions provider that is:
- Solely dedicated to wholesale brokers
- Committed to making quick decisions and providing exceptionally responsive service
- Willing to take on challenging risks and unique exposures; every case is reviewed on its own merits by our special risk underwriters
We provide:
- Security and financial stability through the backing of an A+ rated industry leader
- Client-specific solutions with custom coverages when needed
- High level of transparency in all interactions
Primary coverage
Coverage details
- Targeted premium range is $20,000 to $500,000
- Ability to offer both Occurrence and Claims-Made triggers
- Will consider both deductible and SIR options
- Worldwide products capability
- Maximum revenue of $500 million
- Our products are written on surplus lines paper, rated A+, XV (Superior) by AM Best and financial strength rating of AA- (very strong) from Standard & Poor’s
Target classes
Contractors
- Commercial contracting
- General contractors and subcontractors
- Artisan trade contractors
- Excluding NY and CO
- Residential contracting
- General contractors and subcontractors
- Artisan trade contractors
- Excluding NY, Tier 1 CD states, new condos/townhomes, and large tract developments
Hospitality
- Hotels, restaurants, convenience stores, supermarkets
- Not targeting Gentlemen’s clubs, college fraternities/sororities, college bars, extended hours clubs, risks in states with ISO liquor grades 8-10
Product manufacturers and distributors
- Domestically made products
Real estate
- Commercial real estate
- Retail stores and shopping malls
- Apartments
- Hotels/motels
- Not targeting property managers, large schedules, risks that provide assisted living services/medical support
Excess coverage
Coverage details
- Supported and unsupported excess
- Straight excess follow form
- $5M in capacity
- Prefer leads or first excess
- Minimum policy premium is $25K
- Maximum revenue of $500M
- Our products are written on surplus lines paper, rated A+, XV (Superior) by AM Best and financial strength rating of AA- (very strong) from Standard & Poor’s
Target classes
Auto
- Excess auto buffers
- Target auto fleet size of less than 100 units
- Auto fleet over 250 units require a $2M CSL underlying
- Excluding truck brokerage, freight forwarding, paratransit, buses, food delivery, and
livery exposures
Contractors
Commercial and residential contracting
- General contractors and subcontractors
- Artisan trade contractors
- Excluding NY and residential in construction defect states, new condos/townhomes, and large tract developments
Hospitality
- Hotels, restaurants, convenience stores, supermarkets
Real estate
- Commercial real estate
- Retail stores and shopping malls
- Hotels/motels
For more information, download:
Contact our team.
About Munich Re Specialty Insurance
Munich Re Specialty Insurance (MRSI) is a description for the insurance business operations of affiliated companies in the Munich Re Group that share a common directive to offer and deliver specialty property and casualty insurance products and services in North America.
For more information on MRSI, including licensing, regulatory-required, and other information on the operating companies, please click here.
