Hudson’s Commercial Wholesale Excess Liability product is a wholesale brokerage-only facility that focuses on writing small to medium-sized risks on an excess and surplus lines basis.
Product Benefits
- Rated A+ (Superior) by A.M. Best, Financial Size Category XV
- Exclusive Wholesale Brokerage Only
- Occurrence or Claims-Made Excess Coverage
- Ability to Write in All 50 States (No NY Contracting)
- 100% Non-Admitted
- Underlying Carrier Rating Requirements: A-, VII or better
- Quick and Easy Post-Issuance Processing
- Limited Wholesale Brokerage Appointments per Territory
Capacity
- Minimum Underlying Limits
- $1m/$2m/$2m CGL
- $1m CAL
- $500k/$500k/$500k for EL
- $2m/$2m /$2m CGL for Wrap Liability
- Min premium will be dependent on risk characteristics, product line offered, territory of risk and attachment point
- Excess Limits Up to $5M
Target Risks Classes of Business
General Contractors
- Ground-up construction of Single-Family Custom Homes,
Apartments, Condo, Office Buildings, Hotels, Mercantile and
Industrial Facilities - Repair/remodel work on above classes
Trade Contractors
- Boiler
- Carpentry
- Conduit Construction
- Drywall/Wallboard
- Electrical Trade
- Excavation
- Fit and Finish Trades
- HVAC and Plumbing
- Interior Trade
- Landscaping
- Masonry
- Metal Erection
- Painting
- Sign Erection
Industrial-Based
- Communication Equipment
- Conveyor/Material Handling Equipment
- HVAC Equipment
- Machine Shops Containers
- Machinery Parts and Equipment
- Pipers
- Plumbing Supplies
- Pumps and Compressors
- Sigs
- Tanks
- Trailers
- Valves
Consumer-Based
- Boats and Boat Parts (Non-Motorized)
- Hand Tools/Hardware
- Non-Critical Auto Parts
- Office Machines
- Sporting Goods (No Helmets, Bungees or Scooters/Skateboards)
Residential (up to 10,000 unites)
- Apartment Buildings
- Cooperatives
- Condominiums
- Community Associations
- Homeowner Associations
- Investor/Sponsored Owned Units
- Student Housing
- Senior Housing
- Subsidized Housing
- Section 8 Housing
Commercial Real Estate
- Commercial Condominiums
- Convenience Stores and Supermarkets
- Country Clubs
- Golf Courses
- Hotels/Motels
- Miscellaneous Lessors Risk Only Real Estate
- Office Buildings
- Restaurants
- Retail Stores
- Shopping Centers/Strip Malls
