$207M telecom infrastructure contractor in North Carolina
We engaged with Shepherd to offer excess limits in addition to what our client has maintained historically for their master program. As with most things in construction, urgency and competitiveness was imperative. The Shepherd team worked overdrive to turnaround their quote within hours of receiving final underlying components. Together we were able to successfully expand our mutual client’s risk management program. It is exciting to have a partner out there that understands the complex risks, needs and responsiveness required to create fruitful solutions.
- Full-service provider of engineering and maintenance services for telecom infrastructure
- Headquartered in North Carolina
- Operations in 10+ states
- Contractor practice program
- $5M x $10M x $5M x P
This renewal submission was sent to Shepherd looking to build out their $10M program. We promptly provided our initial indication the next business day with our appetite for the $5M excess layer. The broker team worked quickly to provide all the underlying details and upon receipt, we provided our formal proposal which bound that same day.
This win is a direct result of a growing partnership with this broker, as well as Shepherd’s expanded capabilities. Our team proactively engaged the broker to review this upcoming renewal, which was received right away. We targeted this specific layer in the tower, and collaborated closely with the broker to thoroughly comprehend the program requirements. Leveraging our expanded program appetite, we were able to offer a competitive price while satisfying all requested terms and conditions.
