$35M Bridge and Structural Contractor in California

• Contractor specializing in post-tensioning, bridge construction, and structural repair
• Headquartered in California
• Operations in CA, HI, MN, and NV

• Contractor practice program
• $7.5M p/o $10M x $5M x P

This opportunity came to Shepherd looking for support in the 15x10 layer. We quickly provided our indication the following business day with the option to support the layer as part of a quota share. Over the upcoming weeks, we partnered closely with the broker to provide a quote that met the insured’s specific program requirements.

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This case study highlights the successful collaboration between our underwriters and the broker team to dive into the unique risks of this account. We dedicated considerable time to assess the risk and operations in order to understand the coverage needs thoroughly. As a result, we provided coverage terms and pricing that resulted in a positive outcome for the entire quota share layer.

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