Builder's Risk

A course-of-construction product that delivers competitive builder’s risk coverage.

Available exclusively through Amwins brokers, Amwins Special Risk Underwriters’ (SRU) Builder’s Risk program provides robust coverage for a range of occupancies and construction types during the course of construction. 

Written on “A-“ or better paper, the program offers meaningful capacity and competitive solutions on a 100% ground up, lead quota share or follow-form basis.

Covered perils

  • AOP
  • Named windstorm
  • Flood
  • Earthquake

Target classes

CAT and non-CAT appetite includes:

  • Wood frame construction
  • Soft occupancies (multi-family apartments, condominiums, commercial buildings)
  • Mid-term projects < 75% completed

Ineligible risks

  • Renovations
  • Engineering risks
  • Bridges
  • Tunnels
  • Water treatment facilities
  • PC 9-10

How To Access

Please contact your current  Amwins property broker. If you do not have an existing relationship, please contact us and someone will be in touch.

 

Program Highlights

 

Total Insured Value (TIV)

  • $350M non-superior construction
  • $50M garden style
  • $500M superior construction

Maximum Line Size

  • $50M wood frame
  • $50M garden style
  • $500M superior construction

Minimum Premium

  • $25,000