Builders Risk insurance

Builders risk insurance offering tailored coverage for hard-to-place wood frame, energy, civil infrastructure, renovation and natural catastrophe named peril policies

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Tailored policies for hard-to-place business

Builders risk insurance is a type of property insurance offering coverage for in-progress construction projects. As well as buildings and structures on site, it can also cover materials and additional expenses.

As your partner in the builders risk market, we’re your one-stop shop for getting the tailored coverage you need. Our team of experienced and technical underwriters provides coverage for hard-to-place wood frame, energy, civil infrastructure, renovation and natural catastrophe named peril policies.

Our builders risk team prides itself on providing individual broker account feedback on our underwriting appetite and deployable capacity within 24-48 hours. We expertly provide both lead and follow quotes with $40m of wood frame and non-combustible capacity.

  • $40m

    in wood frame and mass timber capacity

  • Energy and civil

    technical risk expertise

  • Mid-term

    project capacity

Builders risk insurance key features

Capacity deployment

  • $40m up to 100% of any civil, non-combustible or renewable energy project, and wood frame projects
  • Ability to both lead and follow approved markets and forms, and we can deploy our full line regardless of the capacity offering the lead
  • Underwriting expertise for engineered risks specializing in small to midsize projects with abilities to write 100% as well as quota share 
  • Up to $20m of named windstorm capacity primary and excess coverage in tier 1 or 2 counties from Texas to North Carolina for wood frame and CAR excluding Tri-County Florida
  • Ability to write mid-term wood frame and non-combustible construction projects 
  • $50,000 minimum premium 
  • 36 month term maximum
  • In-house claims handled by Catalytic Claims Services 

Distribution

  • Distribution is limited to wholesale brokers for all wood frame and non-combustible construction projects written on a non-admitted basis by specific appointment approved by DUAL
View of roof of a house being built from the inside

Target classes

Our builders risk insurance program works with commercial contractors and property owners carrying out a wide range of construction projects.

  • Commercial wood frame construction $10m and larger

  • Mass timber and cross laminated timber (CLT) construction

  • Warehouses

  • Renewable energy

  • Manufacturing and major equipment installations

  • High value homes $5m and larger

  • Master builders risk programs

  • Midterm projects

  • Modular construction

Excluded classes

  • Wood frame multi-family housing projects under $5m of total contract value
  • Renovation projects 
  • No home developments or annualized home builder programs
  • No high wildfire exposures above predetermined risk meter scores
  • No extreme convective wind exposures above predetermined risk meter scores
  • Wind farms
  • Vertical structural renovations and major seismic upgrades
  • Piers, dams, docks, marinas and wharves
  • Named windstorm coverage on barrier islands
  • LEG 3 - improvements and betterment coverage from defects

Document downloads

For more information about our builders risk program, please download our appetite sheet below and contact a member of our team.

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