Technical Risk Underwriters (TRU) has partnered with RLI Insurance Company to underwrite builders risk business.
Targeted classes include the entire span of US construction including multi-family residential, commercial/mixed-use, hospitals, infrastructure and heavy civil works.
Coverage will be written by RLI’s non-admitted surplus lines insurer Mt. Hawley Insurance Company.
Michael Pilla, TRU’s president and chief executive officer, said: “We are extremely pleased to announce this important partnership with one of the flagship insurance providers here in the US. It represents an important step toward our goal of enhancing our underwriting capabilities and providing to our clients capacity that goes well beyond that available from traditional providers.
“Our partnership with RLI is integral to TRU’s overall strategy of providing market leading capacity to our customers and creating unique risk management solutions for the evolving challenges they face.”
Technical Risk Underwriters, RLI, North America