SMALL EXCESS CASUALTY KEY FACTS

Small business excess casualty coverage from Ascot is now available through Ascot Array, a market-leading digital platform powered by industry leading technology.

Ascot Array was built to service our broker’s needs, wants, and challenges and empowers you to instantly quote, bind and issue policies with 24/7 support and real time portfolio analytics and policy management.

Ascot’s follow-form lead and high-excess policies are available with limits from $1 million to $10 million, and our wide appetite provides excess casualty solutions for almost all small businesses.

 

Target Classes


• Family Restaurants
• Hotel/Motel
• Lessors Risk
• Apartments
• Condominiums
• Dwellings
• Vacant Land or Buildings
• Trade Contractors
• Carpenters
• Landscape Gardeners and Design
• Painters
• Electricians
• Consultants or Medical Office (premises only)

 

 Avoided Risks


• Trucking
• NY, WA, CO, SC Contractor Risks
• Exterior Work Above 4 Stories
• Logistics
• Energy Risks
• Environmental
• Medical Exposure or Devices
• Cosmetics manufacturing
• Nightclubs or Adult Entertainment
• Bars and Taverns
• Internet Retailers
• Toy Stores or Manufacturers
• Camps or Day-cares
• Products imported from China

 

Underlying Requirements


• Automobile Liability – $1,000,000 CSL
• Employers’ Liability – $100,000/$500,000/$100,000
• General Liability – $1,000,000/$2,000,000/$1,000,000
• Liquor Liability – $1,000,000/$1,000,000
• All Coverages (except EL): minimum carrier rating of A– (VII) or better by A.M. Best
• Employers’ Liability: minimum carrier rating of B+ (VII) or better by A.M. Best
• Underlying coverage must be written on an occurrence basis
• Defense costs must be outside of the underlying limits

 

Exposure Limits:


• Apartments: 900 units
• Dwellings: 250
• Land: 10,000 acres
• Payroll: $7.5m
• Real Estate: 3 million square feet
• Restaurants: up to 60% liquor
• Revenue Exposure: $20m
• Revenue Exposure for all contractors: $5m
• Vehicle Feet: 40 vehicles with more than 15 extra heavy trucks

 

Array Highlights:

• Admitted and non-admitted coverage
• A.M. Best A rated carrier
• 19.5% minimum commission
• Minimum premiums $600 (low hazard) / $900 (medium hazard)