C.I. Renews +$2.5m Property and General Liability Client
A large residential property client worked with C.I. to procure a $2.5m Property Policy along with a $400k/$5m General Liability Policy. With over $1bn in total insured values and 10k+ units this client retained 85% of the premium back into their captive on AM Best Rated A+XV Admitted paper.
Key Components
Excess Liability Structure
Captive Participation
Financial Impact
With significant NATCAT exposure in this residential real estate portfolio, the insured was continuously punished in the commercial market for poor performers unrelated to their operations, forcing them into higher retentions, unfavorable terms, and significant rate increases.
C.I. was able to provide a turn-key captive solution for this insured that allowed them to retain significant premiums, control, and underwriting profit within their captive insurance company, all while providing A Rated paper to satisfy all contractual requirements. Reach out to C.I. today and see if your business may be the right fit for a captive arrangement for no up front cost.