Our Target Risk Classes

We target a small number of large, sophisticated long term partners and transactions with a minimum of $5,000,000 of expected annual profit. We will consider smaller transactions based on our evaluation of ease of implementation and profit expectations net of incremental employees we need to hire in order to properly manage the transaction. We write large net line positions and have a broad appetite for risk classes with the following characteristics:

• Short to medium tail primary ($1,000,000 limits) casualty driven business
• Lines of business with complexity requiring specialized, niche underwriting expertise that tend not to be targeted by the general commercial market
• Risk classes in growing segments of the insurance business and/or dislocated areas of the market, where the limited number of market participants increase our likelihood of success

We are generally not a market for the following:

• Programs where a significant portion of the total risk exposure is related to Worker’s Compensation
• Non-Standard auto
• Longer tail liability exposures such as Medical Malpractice, Architects & Engineers E&O, Lawyers Professional Liability
• Directors and Officers Liability for publicly traded companies
• Blood stock or animal mortality
• Stand alone Umbrella or Excess Liability
• Start up opportunities with no proven track record, although we will consider a start up program for an existing Program Manager in risk classes that are ancilliary to the Program Manager’s core business