1. ISG Program Overview

2. Carrier Overview
AmTrust Financial - General Liability with $5M Primary Limits
8-year partnership with ISG
Primary Practice, Project & Wrap policies
Admitted & Non-Admitted Paper
A XV A.M. Best Rating
Clear Blue Specialty - General Liability with $5M Primary Limits & 5x5 Excess GL
Primary Practice, Project & Wrap Policies
Follow-Form Excess GL
Non-Admitted Paper
A- VIII A.M. Best Rating
Lloyd’s Facility – General Liability with $4M Primary Limits
Primary Project & Wrap Policies
AXIS Insurance - Builders Risk up to $10M Per Structure
14-year partnership with ISG
A+ XV A.M. Best Rating

3. Risk Appetite for General Liability
Acceptable CGL Risks:
Single Family Residential, Custom & Tract Home Builders
Fee-Simple Multi-Family
Condominium: Typically written on Non-Admitted WRAP policies
Mixed Use: Commercial on 1st floor and Residential above
Apartments: Larger Apt. projects written on Project or Wrap policies
Commercial: Larger accounts written on Non-Admitted Clear Blue paper
Limited Remodel / Renovation Exposure Acceptable
AmTrust & Lloyd’s – Up to $20M of construction costs per structure & 5 stories or less (above parking)
Clear Blue Specialty – Up to $75M of construction costs per structure & 15 stories or less

4. Admitted GL Practice Policies
AmTrust’s Wesco Insurance Company paper
Policy Form: ISO & Company Specific
Policy Limits: Up to $5M Occurrence / $5M General Aggregate
Defense Treatment: In Addition to the Limit of Liability
Deductible: $5,000 - $100,000 (BI/PD, per occurrence)
Targeted Minimum Premium: $5,000
Subsidence Coverage for homes built during policy period
No tract home exclusion
No Faulty Work Exclusion or CG 2294
Admitted States: AL, AZ, FL, GA, KS, MO, NM, OR, UT, WA

5. Non-Admitted GL Project & Wrap Policies
AmTrust International Underwriters Limited or Clear Blue Indemnity Company
Policy Limits: Up to $5M Occurrence / $5M General Aggregate
Defense Treatment: Within the Limit of Liability
Policy Term: Up to 4-year policy terms
Provide Extended Products-Completed Operations for applicable Statute of Limitations
Soft Minimum Premiums: Project $20,000 & Wrap $30,000
Retention: $10,000 - $1M SIR, Per Occurrence
Pay-As-You-Sell Reporting Options
One policy can cover multiple scheduled projects

6. Follow-Form Excess General Liability
Written on Non-Admitted Clear Blue Indemnity Company Paper
Limits up to $5M xs $5M - $10M Total Program Limits
Will sit excess of $5M Primary GL written on AmTrust or Clear Blue paper, including admitted Wesco
Will sit excess of Practice, Project or Wrap policies
$20,000 MP for $1M xs $5M
$40,000 MP for $5M xs $5M

7. Risk Management Update
Subcontractor agreements and sales/purchase agreements reviewed for all accounts
Sample agreement & contract wording can be provided by ISG
Approved New Home Warranty required on all fee-simple or condominium units
Approved Warranties can include:
2-10 HBW Insurance-Backed or Builder-Backed Warranties
Bonded Builders Warranty Insurance-Backed or Builder-Backed Warranties
Approved In-House Warranty created & administered by the Builder
Insurance-backed warranties may be required on structures with sales values of $1M+
Retention increased to $50,000 for homes sold without an approved warranty versus coverage being excluded.
Warranties are not required but are available for remodel, commercial or apartment work
Peer Review requirements may be added for select accounts or construction types

8. Written Warranty Benefits
Written warranty contract (3rd party or builder-backed) between builder and buyer that defines the builder’s obligations & legal liability between the two parties
Where allowed by law, buyer accepts the written warranty in lieu of implied warranty laws
Warranty maintains insured's construction defect liabilities in contract law vs. tort law (litigation)
Warranty allows the builder & owner, when appropriate, to resolve disputes in conciliation/arbitration during statute of limitations
Coordinated claims adjustment efforts that utilize the builder’s sub agreement, sales agreement & warranty agreement to resolve claims in an effective and efficient manner
Summary: Allows ISG claims adjusters to manage defense costs!

9. Builders Risk Program Risk Appetite: Policy Types:
$10M Per Structure on Admitted AXIS Paper ($1.5M Per Structure in FL)
Up to 5-stories
Residential & Commercial Ground-Up Construction
Frame, Joisted Masonry & Masonry Noncombustible Construction
Florida Coastal Wind Available
Policy Types:
Single-Shot with policy term up to 24-months - Can cover multiple structure within one project
New Starts Reporting with monthly reporting of starts
Standard Blanket for small or higher-risk accounts (Not Offered in FL)
Modified Blanket for production builders (Not Offered in FL)
Pro-Rating of Annual Rate for each structure based on the number of months that it is covered by the policy
Blanket Coverage for all New Starts
Can cover Existing Inventory
Can be written mono-line
Deductibles from $2,500 to $25,000
Online Rate/Quote/Bind Portal being developed

10. ISG Contact Information Office Phone (678)
Underwriters
Bruce Harrell:
Liz Davis:
Stephen Harrell:
David Darragh:
Randy Roppelt:
Dan Swain:
Complex Builders Risk Underwriter
Greg Vissering:
Marketing
Curtis Rosser:
On The Web: