- Cover arranged with “A” rated carriers
- Coverage available in all 50 States
- System generated documents available immediately at point of sale.
- Statement of fact basis – no need for proposal form.
- Maximum Line size of $5m per location, regardless of construction type
- Maximum Total Sum Insured of $25m
- Coverage available for Catastrophe exposed locations
- Wind & Hail and Earthquake available as stand-alone coverages.
- Equipment Breakdown
- Boiler & Machinery Extension
- Ordinance or Law
- Sprinkler Leakage
- Property Enhancements.
150 occupancy types can be quoted under the MGAM US Commercial Property product including: –
- Low hazard warehouses
- Medical facilities
- Educational buildings (ex-fraternity houses).
Prohibited Risks and Exposures
Risks with the following characteristics are ineligible:
- The peril of flood
- Locations situated in Florida Tri-County and Monroe County
- Habitational risks (excluding owner/occupied condominiums)
- Properties undergoing structural renovations
- Properties undergoing non-structural renovations with costs exceeding
- USD 50,000
- Vacant Properties.
MGAM – Here’s why
- We are a Lloyd’s approved cover holder.
- You have the support of an experienced team of professionals ready to respond to referrals.
- All our products are developed in collaboration with our partners and are designed with the end customer in mind.
- We constantly monitor emerging trends and are perfectly positioned to provide pioneering solutions.
“Most importantly the MGAM team are a pleasure to work with.”
David Heeney, Underwriter, The Fiducia MGA Co Ltd.