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 cutting-edge technology.

Ascot Array was built to service our broker’s needs, wants, and challenges.  It 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
• Vacant Land or Buildings
• Trade Contractors
• Carpenters
• Landscape Gardeners and Design
• Painters
• Electricians
• Consultants or Medical Office (premises only)

 

Avoided Risks:


• Habitational
• 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:


• 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
• 19.5% minimum commission
• Minimum premiums $600 (low hazard) / $900 (medium hazard)