Underwriting expertise and long-term relationships backed by the strength of Great American.
Great American Custom emphasizes service by building long-term relationships with client producers. We specialize in providing primary casualty products that meet the needs of the commercial market. Our experienced casualty underwriting staff has a comprehensive knowledge of liability hazards, inherent exposures, and ratings along with a familiarity of forms and coverage requirements.
Our focus is customer satisfaction. We listen and work with you to fill your specific primary casualty needs. We will entertain a broad range of risks of a low claims frequency nature. Higher frequency business can be entertained with a formalized Self-Insured Retention program contracted with a qualified Third Party Claims Administrator.
Target Classes
We target the niche specialty market with the following characteristics:
| | -Low-claim frequency
-Small-to-medium sized companies with revenues of $1M to $30M |
Some classes we frequently write:
Commercial contractors, including:
General Contractors Electrical Contractors Plumbers HVAC Drywall Painting Tile, Stone, Marble Masonry Water and Sewer Carpentry
Concrete
|
Floor Covering
Glaziers Landscaping (excluding tree trimming) Metal Erection and Fabrication Grading Pre-Fabricated Building Erection Sheet Metal Work Cable Installation New Business Ventures Project Specific – OCP, Railroad Protective
|
We consider condos, townhomes, residential tracts, single-family homes, and apartments all residential work and are not targeting contractors focusing on this type of work.
We will consider artisan contractors who have a small percentage of residential repair or remodel work, though we prefer residential work to be less than 30% of operations.
Owners, landlords, and tenant risks, including:
Apartments
Property Schedules including Single Family homes, duplexes, and triplexes
Condo Associations
|
Office, Warehouse
Vacant Land
Strip Malls |
We are targeting low-frequency accounts on the primary side, but have been successful in writing potential higher frequency accounts at higher attachments such as a lead umbrella or excess layers.
Ineligible Classes
Contractors:
Streets and Roads (rural ok)
Street Lights and Signals Airport Runways Fire Suppression Roofers Power Lines and Poles |
Bridge Contractors Scaffolding Waterpoofers Pile Driving Retaining Walls Railroad Construction |
Owners, Landlords, and Tenants:
Section 8 / Low Income Housing
Senior Living / Assisted Living
Student Housing
Daycare Centers
Shopping Centers
Casinos
| Fast Food Chains/Restaurant/Bar
Bowling Alleys
Grocery Stores
Campgrounds
Mobile Home Parks |
We can consider property schedules with a small % of low income, senior living, or student housing, but prefer that those properties be less than 20% of the property schedule.
Capabilities
We underwrite risks on behalf of two of American Financial Group's "A+" insurers:
| | - Great American Assurance Company (admitted) - for all business inside of California
- Great American E&S Insurance Company (non-admitted) - all business outside of California
|
Both are rated
A+ XIV by A.M. Best and A+ by Standard and Poor's
We write on admitted paper in the following venues:
| | - For Commercial Contractors in CA, AZ, and NV
|
We write on non-admitted papers for:
| | -
Commercial Contractors NOT located in CA, AZ, or NV
-
All
OL&T business
|
Coverage Offerings
- Commercial General Liability - ISO Form CG 00 01 12 07
- Railroad Protective Liability - ISO Form CG 00 35 12 07
- Owners and Contractors Protective Liability - ISO Form CG 00 09 12 07
Primary in-house capacity of $2M for each occurrence and $4M aggregate:
| | - Standard limits for CGL and OCP are $1M/$2M
- Standard limits for RPL are $2M/$6M
|
In special cases, we can offer primary limits of $5M for each occurrence and $10M aggregate but need to make special arrangements with our treaty reinsurers.
Minimum premium of $15,000 to $25,000
Deductibles range from $1K to $25K, though the standard is $5K
Umbrella and lead excess coverage of up to $10M can also be written above our own primary policies.
Submission Requirements
| | Basic Submission Package |
| | Description of Operations / Risk Summary
Acord Application Five Years Currently Valued Loss Runs
Exposures Prior Year Premium and Rate Target premium Financials are a Plus |
| | If a Commercial Contractor |
| | Contractor's Supplemental
Contactor's License # Current Work on Hand and Largest Past Jobs Subcontractor's Agreement |
| | Insured Description – owner and/or property manager (whose coverage is primary)
COPE Schedule - with: |
| | - Year Built, Year of Last Updates (roof, elec, plum, HVAC)
- Stories
- Fire Protection
- Pool Info (gated, diving boards, depths marked)
- Armed Security
- Assisted Living/Student Housing/Low Income
- Balconies
|
| | Copy of Standard Rental Agreement
Copy of Property Management Agreement, if Contracted Out |
Over 90% of the policies are written on Admitted paper - Great American Insurance Company, Great American Assurance Company, Great American Alliance Insurance Company, Great American Insurance Company of New York, Great American Security Insurance Company, and Great American Spirit Insurance Company.
Claims Services
Specialized - Great American Custom
Primary Casualty claims team provide dedicated claim professionals in the areas of general liability specializing in commercial contractors including construction defect and construction injury claims as well as Owners, Landlord and Tenant including premises and business auto. Our adjusters take a proactive approach to facilitate the prompt investigation of claims for a cost-effective resolution.
Loss Reporting Email
claims@gamcustom.com
Contact (800) 687-4453 or eFax (855) 763-4172
