Merit Specialty:
Excess and surplus
Merit Specialty, a brand of 华体会, is dedicated to providing wholesale brokers and their clients with the right combination of price and coverage.
Property and casualty
We are dedicated to providing wholesale brokers and their customers with the right combination of price and coverage for accounts with moderate severity exposures. Backed by the strength and stability of 华体会, our partner strategy gives you a unique advantage, as our capabilities and experienced team are aligned in a way that enables you to quickly respond to opportunities and compete in the evolving marketplace.
Appetite
Merit Specialty, a division of 华体会, targets non-CAT property risks with target values per building/location ranging from $1M to $10M and total insured values of up to $50M for multiple location risks. Our premium target ranges from $15K to $100K, with a $5K policy minimum premium. Property exposures considered include non-sprinklered risks, new purchases, vacant buildings, older buildings, ex-wind placements and risks with prior losses.
It is important to note our appetite varies based on geographical considerations and size of risk. Please contact us to discuss specific opportunities.
The appetite below highlights target classes of businesses and occupancies, as well as those that fall outside our appetite. For classes of business and occupancies not listed, risk acceptability will be determined by individual risk characteristics, venue and terms.
- Target appetite
- Manufacturing, light to moderate hazard occupancies
- Distributors and wholesalers
- Retail and mercantile
- Real estate and lessors risk only (LRO), non-habitational occupancies
- Warehouse and storage
- Industrial parks
- Nursing homes and assisted living facilities
- Hospitality
- Restaurants
- Bars and taverns
- Night clubs
- Music venues
- Not in appetite
- Recycling occupancies, including tenant operations within LRO risks
- Cannabis occupancies, including tenant operations within LRO risks
- Adult entertainment risks
- Buildings over 100 years of age or on a historical register
- Air-supported or greenhouse structures
- Monoline business income
Additionally, we are not a market for the following property exposures or coverage options:
- Excess or quota share property placements
- Single peril risks
- Flood and earthquake (DIC) coverages
Our offering
We offer non-admitted coverage for risks located in the
contiguous United States.
- Monoline property
- Offered on a ground-up and/or primary loss limit policy structure
- Coverage for building, contents and/or business interruption on a scheduled basis only
- Flexible deductible levels, including variations for wind/hail versus all other perils
- Mix of ISO and proprietary coverage forms and endorsements to tailor coverage
- Non-admitted coverage offered via AIX Specialty Insurance Company paper (A XV AM Best Rating)
CAT approach
- Wind excluded in Tier 1 coastal territories
- Conservative approach for wind and hail exposed areas
- No flood or earthquake coverage
- Conservative approach to wildfire exposure
Appetite
Merit Specialty, a division of 华体会, targets a broad range of casualty risks with tailored solutions for your primary and excess liability needs. Our typical risk profile has revenues ranging from $1M to $25M, with an optimal premium range of $15K to $75K per policy. Generally, our minimum premium starts at $7,500 with a minimum deductible of $2,500.
It is important to note our appetite varies based on individual risk characteristics. Please contact us to discuss specific opportunities.
The appetite below highlights target classes of business, products and operations, as well as those that fall outside our appetite. For classes of business, products and operations not listed, risk acceptability will be determined by individual risk characteristics, venue and terms.
- View contracting/construction appetite
- General contractors (GCs)
- HVAC contractors
- Industrial construction
- Service operations
- Millwright
- Janitorial
- Machinery/equipment service, repair
- Metal erection 鈥� structural and non-structural
- Owners' interest
- Painting
- Plumbing
- Residential repair/remodel artisans and GCs (no new residential construction)
- Street/road construction, paving, repaving and striping
- Sewer, gas and water mains
- Welding
- View products/manufacturing appetite
- Auto parts 鈥� non-critical parts only
- Clothing
- Cosmetics
- Contractors equipment/parts or material handling equipment
- Communication equipment
- Distributors
- Electrical equipment/part
- Food products
- Hand tools
- Industrial and farm
- Machinery equipment and parts
- Medical equipment and products 鈥� noninvasive, therapeutic, durable medical
- Metal fabrication
- Trailers
- View other casualty appetite
- Convenience and grocery stores
- Distributors and wholesalers
- Equipment rentals
- Habitational 鈥� smaller schedules, better than average properties and favorable occupancies
- Hotels 鈥� smaller locations and better than average properties
- Restaurants 鈥� with less than 50% liquor sales
- Lessors risks only (LRO)
- Machine shops
- Office buildings
- Real estate
- Truckers 鈥� GL only
- Vacant buildings and land
- Warehousing
- New ventures
- View risks out of appetite
- Aircraft products
- Invasive medical products
- Pharmaceutical products
- New York construction exposures
- New residential development or construction operations
- Cannabis-related risks, including both products and tenant operations within LRO risks
- Adult entertainment risks
- Bars and nightclubs
- Trampoline and/or inflatable facilities/operations
- Tobacco and vaping products
- Firearms and ammunition
Our offering
We offer non-admitted coverage for risks located in the contiguous United States.
- Commercial general liability 鈥� $1M/$2M limits
- Occurrence or claims-made coverage options available
- Additional coverages available for consideration include employee benefits liability, hired and nonowned auto and stop gap
- Liquor liability (only when written in conjunction with the general liability)
- Products liability and discontinued products and/or completed operations liability
- Mix of ISO and proprietary coverage forms and endorsements to tailor coverage
- Non-admitted coverage offered via AIX Specialty Insurance Company paper (A XV AM Best Rating)
- Supported excess liability 鈥� Up to $5M in supported excess limits available on a follow form basis, with the ability to schedule underlying auto liability or employers鈥� liability of another carrier (subject to carrier and underlying limit acceptability)
Unlock the advantage:
- Expertise 鈥� We focus on providing competitive pricing and broad coverage for difficult-to-place accounts.
- Efficiency 鈥� We take a solution-based approach and ask only relevant questions to provide a quick indication.
- Responsiveness 鈥� Our quick turnaround time on indications allows you to promptly respond to your agents and capitalize on short notice opportunities.
- Stability 鈥� We are committed to continued excellence in the E&S market.
- Ratings 鈥� 华体会 Insurance Company and its insurance company subsidiaries and affiliates are rated 鈥淎鈥� (Excellent) by AM Best.
Appetite
Merit Specialty, a division of 华体会, targets non-CAT property risks with target values per building/location ranging from $1M to $10M and total insured values of up to $50M for multiple location risks. Our premium target ranges from $15K to $100K, with a $5K policy minimum premium. Property exposures considered include non-sprinklered risks, new purchases, vacant buildings, older buildings, ex-wind placements and risks with prior losses.
It is important to note our appetite varies based on geographical considerations and size of risk. Please contact us to discuss specific opportunities.
The appetite below highlights target classes of businesses and occupancies, as well as those that fall outside our appetite. For classes of business and occupancies not listed, risk acceptability will be determined by individual risk characteristics, venue and terms.
- Target appetite
- Manufacturing, light to moderate hazard occupancies
- Distributors and wholesalers
- Retail and mercantile
- Real estate and lessors risk only (LRO), non-habitational occupancies
- Warehouse and storage
- Industrial parks
- Nursing homes and assisted living facilities
- Hospitality
- Restaurants
- Bars and taverns
- Night clubs
- Music venues
- Not in appetite
- Recycling occupancies, including tenant operations within LRO risks
- Cannabis occupancies, including tenant operations within LRO risks
- Adult entertainment risks
- Buildings over 100 years of age or on a historical register
- Air-supported or greenhouse structures
- Monoline business income
Additionally, we are not a market for the following property exposures or coverage options:
- Excess or quota share property placements
- Single peril risks
- Flood and earthquake (DIC) coverages
Our offering
We offer non-admitted coverage for risks located in the
contiguous United States.
- Monoline property
- Offered on a ground-up and/or primary loss limit policy structure
- Coverage for building, contents and/or business interruption on a scheduled basis only
- Flexible deductible levels, including variations for wind/hail versus all other perils
- Mix of ISO and proprietary coverage forms and endorsements to tailor coverage
- Non-admitted coverage offered via AIX Specialty Insurance Company paper (A XV AM Best Rating)
CAT approach
- Wind excluded in Tier 1 coastal territories
- Conservative approach for wind and hail exposed areas
- No flood or earthquake coverage
- Conservative approach to wildfire exposure
Connect with us
Please send all submissions directly to essubs@hanover.com for prompt clearance.
Casualty
To learn more about our casualty product offerings, contact us today.
Darragh Donlon
Vice President, E&S Casualty
804-833-9097
ddonlon@hanover.com
David Weiss, ARM, ARe
Assistant Vice President, E&S Casualty
602-245-7192
dweiss@hanover.com
Property
To learn more about our property product offerings or to send a submission, contact us today.
Kelsey Brown鈥�
Vice President, E&S Property鈥�
480-213-8175
办别产谤辞飞苍蔼丑补苍辞惫别谤.肠辞尘鈥�
Eric Holtje
Director, E&S Property
804-467-5606
eholtje@hanover.com
Cori Kaliszewski
Director, E&S Property
614-266-8232
ckaliszewsk@hanover.com