All Risks, Ltd. Announces Exclusive Builder's Risk and General Liability Product

FLORIDA (May 12, 2020) – All Risks, Ltd. has partnered with two top tier carriers to offer retail agents exclusive access to a combined Builder’s Risk and General Liability product.  This uniquely packaged program offers enhanced Builder’s Risk terms through an A.M. Best “A” rated (excellent) carrier and Project Specific coverage through an A.M. Best “A++” rated (superior) carrier.

This program is best suited for Commercial and Apartment Projects where General Liability is written on a Project Specific, non-wrap basis.   All Risks can offer up to $50M limits on Builder’s Risk Projects, however maximum limits will vary by structure type.  The primary General Liability limits are $1M/$1M/$2M and up to $5M in Excess Liability limits.  Coverage differentiators include broad Named Insured, LEG3, unified completion triggers between Builder’s Risk and General Liability forms and modifications to the Course of Construction Exclusion on the GL.

For more information on this product, please contact your local broker through our “Find a Specialist” tool on the Construction webpage.

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All Risks, Ltd. is the largest independent insurance wholesaler serving retail insurance agents and brokers nationwide.  This innovative team delivers comprehensive specialty commercial and personal lines solutions through a full-service platform of quality brokerage markets, quick in-house binding authority, exclusive national programs and easy-to-use online technology.  Based in Hunt Valley, Maryland, the 55-year-old firm employs 875 staff members in 27 offices around the country.  To learn more, please visit www.allrisks.com.

Legal Disclaimer: Views expressed here do not constitute legal advice. The information contained herein is for general guidance of matter only and not for the purpose of providing legal advice. Discussion of insurance policy language is descriptive only. Every policy has different policy language. Coverage afforded under any insurance policy issued is subject to individual policy terms and conditions. Please refer to your policy for the actual language.