Contracting

Contractor Banner Image

Contracting

Tokio Marine Specialty will selectively entertain and tailor coverage for specialized commercial artisan contractors. The accounts selected for coverage will exhibit experience, expertise, and knowledge encompassing their specialty.

Target Exposures

  • Small to mid-size accounts
  • No class action or construction defects claims in past years
  • No new residential construction work – currently or completed in the past
  • 50% or less residential remodeling work

Unacceptable Exposures

  • New residential contractors
  • All New York state contractors
  • New ventures
  • Wrap-ups
  • Accounts in bankruptcy

Coverages / Capacity

Commercial General Liability – $1M each occurrence

  • Additional insured for job owners
  • Employee Benefits coverage available
  • Waiver of Transfer of Rights
  • Per Project Aggregate

Environmental – Up to $25M in limits

Excess Casualty – Up to $25M in limits (Supported and Unsupported)

Financial Security

  • A.M. Best rated A++
  • Standard & Poor’s Assigned A+

Services