Example of Binder at work

Microsoft Teams

Teams

Microsoft Outlook

Outlook

QUESTION

Who will underwrite a $4.2m construction risk policy in Massachusetts?

3 carriers show appetite

The Hartford

• GC experience required • No structural work

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Travelers

• Max $5M TIV • No structural work

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CNA

• Project under $10M • Prior losses ≤ $25K

Not covered

We don’t have evidence of appetite for risks involving structural steel erection or projects over $10M TIV in Massachusetts.

scale balanced

No answer without evidence.

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