LINE OF BUSINESS

TARGET CLASS & STRUCTURE

MINIMUM PREMIUM

SUBMISSION REQUIREMENTS

SUCCESSES

Real Estate / OL&T

Habitational, hospitality, commercial, recreational or personal, we write coverage for all types of real estate risks, ground up, with deductibles or self-insured retention on an admitted and non-admitted basis.

$1,000

Application, supplemental and 5 years loss history.

High rise residential building in Manhattan, over 1,200 units.  Commercial real estate schedule, throughout U.S.  Coverage on vacant, defunct college, upstate New York.

Construction / Project Specific / OCIP / CCI

Gremesco specializes in writing all forms of construction, including:  practice policies, project specific, wrap-ups, OCP, owner interest and alternative risk scenarios.

$2,500

Application, contractors supplemental application, sample contract, job list or resume.

Primary general liability on a large homebuilder in CT. & NY.  Project policy 36 month duration, condominium development.  Wrap on a large high rise, residential building, Philadelphia. PA.

Products Liability / Product Recall & Tampering / Discontinued Products

Our firm focuses on the unusual and difficult to place accounts not typically available in the standard marketplace:  firearms, pharmaceuticals, nutricueticals, medical devices, consumer products, automotive critical parts and tobacco products are just a short list of the cases we've handled.

$2,500

Completed products liability application, products list or brochure, sample contract and website info.

C.M. products liability on a firearms manufacturer  in CT.  GL including products liability on an auto importer.  Products recall & malicious tampering on consumer goods.  Discontinued products coverage for a maker of ointments and topical crème for medical use.

Hospitality / Liquor Liability

This market segment is handled via our binding authority and brokerage divisions.  We entertain all varieties of restaurants, bars, nightclubs, music venues, hotels, motels and SRO's.  We can provide coverage on a bundled basis or monoline.

$1,000

Completed application, liquor liability supplemental, loss runs, this information, and web site information.

Monoline liquor liability for an ethnic restaurant in the city.  General liability including liquor liability on a topless bar in downtown Manhattan.  General liability and property on a large SRO hotel

Railroad Liability & Railroad Protective Liability

Gremesco has in house binding authority as well as open market capability.  We are accustomed to unique risks in this market niche.

$2,500

Railroad application

RRPL for a construction site along 11th AVE. subway line.  Coverage for a short line railroad in southern Georgia.

Excess & Umbrella

Our wide array of excess markets allow us to expedite most every type of excess challenge, from the mundane to the exotic and complex.  We have arranged in house and open market facilities, both admitted and non-admitted surplus lines, to handle the smaller accounts and can arrange capacity on all sorts of accounts in excess of $250,000,000 in limits

Under $1,000

Completed application, loss runs, auto schedule, and details of the underlying coverage.  Minimum attachment requirements $1MM/$2MM/$1MM GL;  $1MM CSL Auto Liability;  $500/$500/$500 EL

Excess (OCIP)on a multi-year residential development in NJ.  Excess products liability on a paper bailing machinery manufacturer.  Umbrella liability for a large petroleum transportation concern.

Excess Auto

Many of our excess markets specialize in the transportation segment and Gremesco has handled the gamut, from trucking risks, energy, medical transport, waste hauling, livery including bus and tour companies

$2,500

Excess auto application, schedule of vehicles, loss information and driver information, if available.

Buffer of $1MMexcess $1MM on an ambulance service.  $500,000 excess of $500,000 on a small fleet of PPT's.  Excess liability $1MM xs primary of a school bus contractor.

Environmental

Another area of significant emphasis is environmental insurance a market segment we have extensive experience.  Innovation and creativity in this market niche has enabled us to win by improving coverage and structure to clients existing programs.  We write specialty abatement contractors, landfills, in place lead, consultants, labs, have arranged cost cap programs and brownfield insurance.  We also have capability to customize coverage for specific or unique scenarios.

$2,500

Environmental application, loss runs, sample contract, phase 1 report (if CPL), job list.

Waterproofing contractor, GL & CPL on a practice policy.  In place lead paint liability on apartments under renovation with tenants in place.  GL, CPL & Professional liability for an air quality contractor.  Project specific policy for a construction site with asbestos, lead, soil contamination and PCB's requiring remediation.  GL & CPL for a contractor specializing in landfill capping.

Professional Liability / E&O / D&O / Financial / Medical Professional / EPL

Gremesco offers a wealth of expertise in professional liability, directors & officers liability, errors & omissions and related lines.  We have a myriad of markets and binding authorities, assembled to handle the mundane risks or the most difficult to place accounts.  We write miscellaneous E&O, medical professional, architects & engineers, lawyers professional, directors & officers, privacy, financial professions, patent infringement, and other unusual coverages.

$1,000

Application, financials, loss runs, promotional material

Lawyers professional coverage for a firm specializing in immigration work.  Medical professional coverage for a large cancer testing laboratory operating nationwide.  Architects, construction management E&O.

Workers Compensation / Excess Workers Compensation / U.S.L.&H.

As part of our effort to afford a wide array of product line, we write workers compensation on a mon-line basis or in conjunction with other lines on a host of different classifications.  We have multi-state capability via in house authorities or on the open market and can assist on self-insured programs.

$5,000

Application including federal tax i.d. information, loss information, experience modification worksheet and details of large losses

WC coverage for a pipefitting contractor.  WC coverage for an owner of restaurants.  USL&H coverage for a marine construction operation.  Excess workers compensation on a school district.

Primary Auto / GKLL / Auto Physical Damage

Our auto capabilities range from handling the smaller fleets of five or less or large trucking fleets.  We can handle energy, petroleum risks, recycling or waste haulers.  Other coverage lines include garage liability and garagekeepers legal liability as well as dealers open lot and auto physical damage on trucks and cars.  We also have capability in the medical transport segment.

$5,000

Application, schedule, recently valued hard copy loss runs, MVR's and financials, if available.

Commercial auto coverage for a building materials dealer.  Auto and package policy for a food distribution company.  Commercial auto coverage for a general contractor in NYC.  Garage liability for a chain of truck stops performing repairs.  Dealers open lot coverage for a used car dealer in NJ.  Physical Damage coverage for a small fleet of roll-over trucks.

Programs / Alternative Risk

We have vast experience in the program self insurance sector, having administered several national programs, established association and single parent captive risks and entertained unique and unusual coverage requests.  We can assist with brand new programs in their infancy of established programs seeking a new market.

N/A

Business plan or detailed description of risks to be contemplated.  Historical information, if applicable.

National program covering liability & property for chimney sweeps and related fields.  National program providing general liability and professional liability to elevator/vertical transportation industry.

Personal Lines / Excess Flood / Personal Excess

Send us your difficult to place homeowner risks, whether coastal, high valued or homes situated in protection class 9 territory.  We can handle your tough accounts.  Course of construction policies, excess flood, jewelry, personal article floaters, condo/tenant policies and personal umbrella.  We can handle most of your specialty personal lines needs.

$1,000

Application

Personal umbrella including scheduled autos and watercraft on a wealty financier.  Homeowners coverage for a 20,000 square foot luxury home situated in protection class 9 territory.  Dwelling fire and liability coverage for a rented property.

Property Insurance / Special Multi-Peril / Excess Property / Deductible Buy-Backs

One of our largest volume lines, Gremesco has a highly diversified appetite for property business.  We have in house markets and specific contracts with domestic and international insurers for a host of different coverages for risks large and small.  Vacant buildings, renovations, retail, restaurants and bars, factories, office buildings and residential properties are all classes we entertain.  We also represent a vast array of admitted and non-admitted A rated open market carriers and can arrange large capacity placements on domestic and international risks.  Chemical risks, plastic manufacturers, energy related accounts can be entertained on a MOP. COP or manuscript forms.

$1,000

Application, statement of values, property schedule, breakdown of values, plot plan, loss runs and survey, if available.

Property coverage on a large, frame  condominium complex situated on the coastline in Suffolk County, NY.  Property and inland marine on frame and joisted masonry walkup buildings under renovation, with tenants in place.  Property (MOP form) on a chemical manufacturer in CT.  Property including BII for a foam packing manufacturer.  Layered property coverage on a schedule of HPR quality office buildings throughout the US.

Inland Marine / Contractors Equipment / DIC / Jewelers Block / EDP / Fine Arts / Manufacturers / Motor Truck Cargo

Our skilled staff can entertain all classes and coverage situations your insured's can dish out.  This would include coastal builders risk, unusual DIC exposures, jewelers block and high valued fine arts.  We have arranged in house capability for instant gratification and have both admitted and non-admitted carriers available in all states.

$1,000

Application, schedule of equipment, plot plan, loss information, if applicable and breakdown of values.

Coverage for a large schedule of medical diagnostic equipment, including contents, real property and time element.  Builders risk coverage on frame condos, protection class 9.  Renovation and ground up construction of an inner city low income housing complex.

Marine Insurance / Ocean Cargo / Protection & Indemnity / Marina Legal Liability / Boat Insurance

We tangle with a host of different maritime exposures, including marine contracting risks, ocean cargo, P&I, hull and marina's.  Be it a large energy transportation account, a difficult commodity or a marina in the Carribean, chances are we placed a similar account.  Utilizing both domestic and international markets, we'll scour the globe to secure the best terms and security in a timely fashion.

$1,000 ocean cargo / $2,500 all other

Application, survey (if applicable) breakdown of revenue, and loss information

Hull and P&I coverage for a vessel operating as a casino.  Package policy & MLL for marina in the Virgin Islands.  Cargo and warehouse coverage for importer of silk fabrics.

Surety / Crime Insurance / Financial Guaranty

While not an every day discipline, we entertain various forms of surety as an accomodation to existing accounts or on a monoline basis.  Specific areas of expertise include residual value insurance and some forms of credit enhancement insurance.

$1,000

Specific application

Comprehensive crime policy for a chain of truck stops.  Crime policy for a non-profit housing organization.

Financial Institutions

Banks, mortgage companies, leasing operations, finance companies etc. we can provide comprehensive package policies to handle the insured's unique liability and property exposures:  mortgage impairment, debtor in possession, professional liability, general liability and excess.  Often coverage can be provided on a reporting basis for all owned or impaired properties.

$5,000

Specific application and loss history

Mortgage impairment/forced placed/general liability for a regional bank in Fairfield County.  Property and general liability coverage for a mortgage company operating throughout the US.

Social Services

We have markets eager to entertain your group homes, substance abuse facilities, day schools, senior programs, and in & out patient counseling.  We also can write liability and property coverage for foster care agencies including abuse/molestation coverage

$5,000

Specific application

Substance abuse center in a New York City, property & GL  Home for teenage mothers; general liability, professional liability and excess, including molestation.  Foster care agency affiliated with major charity.

International Insurance

We can assist you with your international and reverse flow accounts via recognized A+ rated domestic and international carriers on most coverage situations.

$5,000

Specific Application

Property and general liability for a co-generation plant in Jamaica.

Media / Entertainment / Recreational / Leisure

Creativity and market knowledge are required to thrive in this burgeoning market niche.  From amusement parks to amusement centers, production companies to documentary makers, we have the facilities and expertise.

$5,000

Specific application by risk.

General liability & liquor liability for a two day concert held at a baseball stadium.  Personal Injury and property coverage for an international tennis star.

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