General Star introduces contractor coverage
Gen Re’s surplus lines unit General Star Management Company has added artisan contractor coverage to its delegated authority product offerings.
The new coverage, which consists of 25 artisan contracting classes, will be available in Maine, Massachusetts, New Hampshire, New Jersey, Oklahoma and Vermont.
This primary commercial general liability (CGL) protection will be written on an occurrence basis with limits up to $1 million per occurrence, $2 million general aggregate, $2 million products/completed operations aggregate and $1 million advertising injury or offense.
Focused on small to medium sized risks, a zero deductible is available for most classes.
Peter Keogh, second vice president and project manager, said: “We are eager to launch General Star’s expansion into the contracting classes. Contractors represent a sizeable portion of the delegated E&S marketplace and many of our appointed wholesale clients service significant contracting books of business.
“After engaging key clients in our development process, we identified classes and territories where we believe General Star can deliver a competitive product that will help our wholesale clients win business.”
Matthew Brown, vice president and delegated division manager, added: “Adding artisan contractors is the latest in a steady stream of new products and enhancements from our contract P&C unit.
“From additional products liability classes, to the General Star ConnectTM web portal, we have transformed the valued input from our clients into concrete deliverables. Coverage for contractors has been one of the noticeable gaps in our product offerings. We are delighted to begin shrinking it with this first stride into the contracting classes. Additional territories and classes are anticipated.”
