Excess of Loss

red umbrella with lots of black umbrellas

May 25, 2021

Making sure your clients have the right cover in place to protect them in the event they are found liable for damage or injury is crucial to their financial survival.

Fact – Each year 2 or 3 children die after gaining access to building sites and many more are injured.[1]

When the primary insurer may not be able to provide the limit of indemnity required, either through lack of available capacity or appetite, we can top-up their cover to ensure your clients get the protection they need.

Fact – There were 4 fatal injuries to members of the public in 2019/20 associated with construction sites[2]

And when your clients need to make a claim, the MGAM Excess of Loss policy provides access to a dedicated, experienced Major Loss Team at Allianz, that will liaise with the primary insurer and provide the most appropriate solutions to get your clients trading again as quickly as possible.

To find out more about the MGAM Excess of Loss Liability Policy visit our website or contact Monica King Divisional Director UK SME

T: +44 (0) 203 946 9114
M: +44 (0)7585 809677
E: monica.king@mgamutual.com

[1] Source – HSE Construction Statistics 2020
[2] Source – HSE Construction Statistics 2020