Business Operations > Great AMerican custom

Umbrella and Excess Casualty

 

Umbrella and Excess Casualty

Higher liability limits aren’t just a requirement anymore, they’re a necessity.   When you are building towers of coverage you need an underwriter who understands your clients’ needs and will work with you to provide the best coverage options.  

Great American Custom has the expertise to bring your clients coverage to protect their businesses and help them achieve peace of mind. In addition, every policy we write is backed by the financial strength of the member companies of Great American Insurance Group.

Gain a Competitive Advantage with Our Umbrella and Excess Casualty Insurance

Our expertise can give you the competitive advantage to solidify your producer relationships, and assist in growing your book of business in five key areas:

Technical Expertise

We have experience over multiple profit cycles (averaging 25 years), extensive underwriting authority, and a team of responsive and flexible underwriters.  No referral black holes - just consistent, practical responses to meet your clients’ expectations.   

Value Added Technologies

Our systems are paperless and have a proprietary underwriting data portal to issue quotes/binders and policies quickly.  Moreover, our quotes and binders include a link for quick access to our forms library.   This allows you to review forms and endorsements from the convenience of your desktop or in clients’ offices via mobile devices.

Performance and Cost Improvement 

We have the financial strength, claims-handling expertise, and long-term, consistent underwriting to handle your business' underwriting risks. Think of us as a standard market with a hook, which will improve your retention rate and lower acquisition costs.  

Knowledge Sharing and Market Expertise 

We have ​comprehensive knowledge of liability hazards, emerging trends, structured pricing, and familiarity with forms and coverage requirements.  We listen to your insurance needs and work with you to fill your special capacity requirements.

Long-Term Commitment 

With an average renewal retention of 90%, and 55% of our insureds being with us for six years or more (7% being more than 20 years!), we understand the value of long-term commitment. As a division of Great American Insurance Group, we’ve been underwriting large complex casualty risks for over 30 years.  Our seasoned underwriting professionals understand your risks and provide consistent underwriting year after year. Our veteran claims professionals will support your clients, our insureds, when the worst happens and will help seamlessly navigate the claims process.

Who We Serve

We target niche specialty market with the following characteristics:

  • Low-claim frequency
  • Small-to-medium sized companies with revenues of $1M to $50M

Some classes we frequently write:

  • Agricultural
  • dairies
  • Food processors
  • Farm equipment dealers
  • Financial services
  • Banks
  • Insurance companies
  • Investment and financial planners
  • Real Estate Investment Trusts
  • Construction

National Contractors

  • Practice policies
  • Multi-year projects – wrap-ups
  • Project specific
  • Owner’s interest

Specialty Contractors

  • General contractors
  • Mechanical contractors

Manufacturing

  • Automobile parts - tier 1 suppliers
  • Building products
  • Machinery
  • Medical products – non-invasive
  • Paper products
  • Plastics
  • Steel products – fabrication, pipe, tubing
  • Technology – hardware, software

Real Estate

  • Commercial
  • Developers
  • Hospitality – casinos, hotels, resorts
  • Habitational

There are a few classes that we won’t consider:

  • Aircraft products
  • Cranes - Operators, Rentals
  • Fracking operations
  • Guns and ammunition
  • Heavy rail
  • Invasive medical products
  • Pharmaceuticals
  • Nursing homes
  • Refineries and gas plants
  • Wood frame residential construction (tract homes)
  • Tobacco products
  • Wild-fire exposures (tree-trimmers, transmission lines)
  • Natural gas and propane risks

Our Capabilities

With over 30 years of experience and sound results, we’ve been there, are here today, and will be there tomorrow to protect our insureds. We provide consistent underwriting approaches, not “in today, out tomorrow” knee-jerk reactions. Think of us as a financially sound excess and umbrella provider that can help meet your capacity needs. We have the capability to provide $25 million limits in layered positions, as well as the ability to consider shorter limits either in layered positions or in lead umbrella or excess layers over well-structured primaries that are underwritten by sound carriers who lead the field in claims handling and loss control. 

Over 98% of our policies are written on admitted paper.

Our Customer-Focused Claims Services

The hallmark of Great American Custom Excess Casualty claims unit is an individualized, customer-focused claims service. Drawing upon many years of experience administering a diverse body of claims, our excess claims team thrives in a collaborative environment and also works closely with attorneys, experts, and our customer representatives in order to achieve the best outcomes for our insureds and maintain long-term business relationships.


Loss Reporting email: [email protected]

Contact (800) 687-4453  eFax (855) 763-4172

Our Products

 

Excess Casualty

Our policyholders range from small business to complex multi-national corporations and Fortune 1000 accounts. We work with you to fill your special capacity requirements.

Primary Casualty

Our casualty underwriting staff has a comprehensive knowledge of liability hazards, inherent exposures, and rating along with familiarity with forms and coverage requirements.

Miscellaneous E&O

Great American Custom’s Miscellaneous Errors and Omissions Unit is a nationwide underwriting operation. We are a wholesale only distribution network.