New Binding Authority

Westrope Announces New Binding Authority as a Lloyd’s Coverholder!

Westrope is pleased to announce the addition of a new facility.

This New Market Access provides alternatives to our current offerings and re-affirms Westrope’s commitment to providing unparalleled market access and innovative solutions.

Property Coverage for Small Surplus Lines types of risk.

Coverage:

Property under ISO forms
Earthquake can be added in AR, CO, IA, KY, MO, NE, OK, TN
General Liability can be added on low hazard risks in specific states

Property Limits and States:

$2,500,000: Arkansas, Colorado, Iowa, Kansas, Missouri, Nebraska, Oklahoma
$1,500,000: Illinois, Kentucky, Tennessee
$1,000,000: Indiana, Minnesota, North Dakota, Ohio, South Dakota, Wisconsin, Michigan (outside of Detroit, Texas excluding Tier 1 Wind, Florida excluding Wind and GL)

***GL coverage can be added to property in the following states for low hazard casualty exposure: MI, MN, ND, OH, SD, TX and WI

Minimum Premium Guide:

$1,000 (higher on habitational)

Minimum Deductible:

$1,000 except higher in hail prone areas.

Samples of Classes written:

- Apartments and Duplexes

- Auto & Truck Repair

- Assisted Living

- Fireworks Stands

- Light Manufacturing

- Restaurants and Taverns

- Vacant Buildings

- Warehousing

- Zoo

- Hunting Lodges

- Motels (not all states)

- Rental Properties

For additional information, or to discuss new business opportunities, please contact your Westrope Broker:

Westrope

801 W. 47th St. Suite 500

Kansas City, MO 64112

Phone: (816) 842.8222

PROPERTY | CASUALTY | EXECUTIVE & PROF LIABILITY | BINDING AUTHORITY | LIFE SCIENCES