Casualty Wrap-Up Programs
From contractors and developers, to private and publicly-funded projects, Starr backs construction of every scale. We deliver coverage built to meet your demands, from routine to complex risks, keeping your business moving forward.
Coverages Available
- Primary General Liability
- Workers' Compensation
- Excess Casualty
Target Risks
- Owner and Contractor Sponsored CIPs
- Single-site and Rolling Programs
- Broad appetite ranging from: Civil Infrastructure, Data Centers, Commercial Building, Manufacturing Facilities, Institutional, and Mixed-use buildings
Limits, Deductibles & Minimum Premium
- Primary limits and deductible structures vary depending on Sponsors need and the project type
- Excess: Up to $25M in capacity
- Minimum value: $300M for Single-site CIP, $500M for a Rolling CIP
Starr Advantages
- Wrap-Up format maximizes coverage consistency, subcontractor quality and cost efficiency
- Extensive underwriting experience and in-depth understanding of Wrap-Up Coverage ensures that the most comprehensive program structure is in place
- Primary and Excess lines from the same carrier ensures coverage continuity and a seamless claims-handling process
- Use of non-admitted paper for maximum creativity when addressing risk-specific coverage needs for unique projects
- A.M. Best Rated: “A” (Excellent) means long-term financial stability and the strength to absorb significant risk transfer over the life of the project
Minimum Submission Requirements
- Detailed Project / Program Overview
- Detailed Construction Value and Payroll Budgets
- Construction Schedule
- Safety and Quality Control Manuals
- Geotech and Environmental Reports
- Sponsor’s Prior CIP Experience Details and Performance
DISCLAIMER
By accessing or using Starr’s website (“Site”), you agree to be bound by these Terms of Use (“Terms”) and all applicable laws and regulations. If you do not agree to these Terms, do not use the Site.
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