Venture General Liability
Venture Underwriters provides wholesale brokers fast service, innovative solutions, ethical interactions, and knowledgeable underwriters for the needs of their clients. Venture Underwriters concentrates on unique and difficult-to-place Primary General Liability Insurance. Venture Underwriter’s primary focus is Construction Risks, including, but not limited to, foundation contractors, framing contractors, window installation contractors, plumbers, HVAC, roofing, and drywall contractors.
Writing Companies:
United Specialty Insurance Company (AM Best Rating A IX )
Minimum Premium:
$25,000 GL (practice) – Limits 1/2/2
$75,000 Project Specific – Limits 1/2/2
$100,000 Wraps – Limits 1/2/2
Max limits available 2/4/4
Policy Term:
12 months for practice policies
Up to 36 months for Project Specifics & WRAPS
BOR Procedures:
No mid-term BORL’s accepted; 5 business days to obtain
rescinding letter
Territory: Available in all states **
** We will not consider New York construction accounts or accounts domiciled in the state of NY. We do not accept any New York construction operations domiciled in NY.
Risk Appetite
- Contractors:
- Blasting
- Commercial GC’s & Trades
- Concrete
- Demolition
- Drywall
- Electrical
- Excavation/Grading
- Fire Suppression/Fire Sprinkler
- Flooring
- Foundation Repair
- Framing
- Homebuilders (custom & tract)
- HVAC
- Insulation
- Masonry
- Metal Erection
- Mechanical
- Millwright
- Painting
- Pile Driving
- Plumbing
- Project Specific Construction (covering GC/Developer/ Owners Interests Only or all)
- Residential GC’s or Trades
- Restoration
- Roofing
- Sewer
- Shoring/Underpinning
- Siding
- Solar Energy
- Street & Road
- Swimming Pool
- Window/Door
- Waterproofing
- Manufacturers - most classes:
- Building Materials
- Conveyor Systems
- Equipment Forklifts
- High Pressure Concrete Blaster
- Machine Shops
- Metal Fabrication
- Medical Products (Non-Invasive)
- RVs (no chassis)
- Manufacturers- continued:
- Steel Processing
- Tanks
- Tool Refurbishing
- Valves
- Wire Rope
- Other:
- Amusement/Water Parks (MP is $100k)
- Cold Storage Facility
- Distributors
- Equipment Rental
- Janitorial Services
- Landscaping
- Non-Profits
- Restaurants
- Liquor Liability available in State Category 3 or better (MP $100k/$25k attachment)
- Security Guards
- Surface Mining
- Window Washing