Overview
We offer surplus lines coverage for small to mid-sized
commercial property risks in the US through selected wholesale
agents.
The offering is complementary to the business we write in London
and focuses on business that does not usually come to London.
Details
Introduction
This product provides surplus lines property coverage in the US
for small to mid-sized commercial property risks through selected
wholesale agents. This is a complementary product to our surplus
lines offerings through Beazley at Lloyd’s, focusing on business
that traditionally does not access the Lloyd’s market.
Product features
Our policy can provide the following:
- All risks, including critical wind capacity
- Full value, primary or excess of loss
- ISO forms - special, broad or basic
- Bespoke wind only policy form
- Earthquake only
- Optional excess flood and earthquake coverage
We will pay these losses
Subject to the terms and conditions of the actual policy, we
will pay claims for losses arising from:
- Fire
- Explosion
- Windstorm
- Earthquake
- Theft
- Accidental damage
- Many other causes as defined in the policy
Limits available
Up to US $10,000,000 any one risk including critical wind
capacity
Target market
Small to mid-sized commercial entities with total insured values
up to US $100,000,000, including:
- offices
- commercial condominiums
- retail
- churches
- hotels
- lessors risk
Key territories
US
For further details please contact busacommercial@beazley.com
Not all coverages or products described on
this website are available in all US jurisdictions. Some products
are available on an admitted basis in some but not all US
jurisdictions from Beazley’s US insurance company subsidiary, while
other products and coverages may be available in the US only on a
surplus lines basis through licensed surplus lines brokers doing
business with Beazley’s Lloyd’s of London syndicates.
The descriptions contained in these pages
are for preliminary informational purposes only. Coverages will
vary depending on individual state law requirements and may be
unavailable in some states. The exact coverage afforded by the
products described on this website is subject to and governed by
the terms and conditions of each policy issued. The
publication and delivery of the information contained herein is not
intended as a solicitation for the purchase of insurance on any US
risk.