SVP, E&S Property
Many commercial insureds look to the specialty arena to cover their catastrophe exposures. Sompo’s US-based Property – E&S team considers all types of commercial occupancies for catastrophe protection based on individual risk characteristics.
We entertain single location risks as well as large schedules of locations and consider risks throughout the US. including those located in both catastrophe prone and non-catastrophe prone areas.
In addition, our proprietary Sompo Preferred Risk Form, developed specifically for the E&S Property market, provides for customized risk management solutions that go beyond the industry’s current form selection.
Coverage features
Significant capacity
- Up to US $25m capacity for non-catastrophe risks, depending on risk characteristics
- Up to US $10m capacity for catastrophe perils
- Flexible use of limits – ability to participate in more than one layer of coverage
Coverage features
Our proprietary Sompo Preferred Risk Form offers full limits, primary, quota share, buffer or excess capacity for the following exposures:
- All risks
- Named perils
- Single catastrophe perils including windstorm, flood and earthquake
Target classes
Commercial properties with total insured values of us $2.5m to us $1bn+ with a focus on the following classes:
- Real Estate
- Condominiums
- Apartments
- Municipalities
- Schools (Public & Private)
- Institutional
- Hotels/motels
- Manufacturing and warehousing
- Vacant buildings
- Excess placements
Minimum premium
Subject to a minimum policy premium of US $25,000, except US $50,000 for California Earthquake Zones A&B, Flood Zones A/V and Tri-County Florida on a primary basis.
Submission requirements
- Prior loss history (3-5 years depending on occupancy)
- Statement of values provided in an electronic format to include: address with zip code, construction, occupancy, year built, number of stories, square footage of building(s) and values by coverage
- California single-location risks built prior to 1975 require documentation of seismic upgrades for underwriting consideration
Expert claims handling and risk control
- Dedicated and experienced claims and risk control teams with commercial property expertise
- Collaborative approach to identifying and mitigating risks in order to protect business value
Experts
Our experienced E&S Property experts deliver tailored solutions for complex and catastrophe-exposed commercial risks.
Downloads
E&S Non-CAT Middle Market Property
Our E&S Non-Catastrophe (CAT) Middle Market Property offering provides coverage to commercial accounts, with a focus on mid-sized companies across a broad base of occupancy types.
Download
Digital E&S Property - North America
The E&S Property team considers various types of commercial occupancies for catastrophe protection based on individual risk characteristics.
Download
Get in touch
Need detailed claims history?
Use the form to request loss run information for your policy or client. Please provide as much detail as possible to help us locate the correct records and process your request efficiently. Once submitted, our team will review your request and respond as soon as possible.