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Technical Risk Underwriters, a Ryan Specialty Group managing general underwriter focused on construction, said Wednesday it has secured $100 million of wood frame builders risk capacity.
Austin, Texas-based TRU said in a statement that the capacity is offered in addition to its $150 million of construction builders’ risk capacity and $100 million of critical flood, earthquake and/or named windstorm capacity.
TRU’s capacity providers are: HDI Global Specialty SE; Certain Underwriters at Lloyd’s; Axis Specialty Europe SE; Axis Specialty Europe SE; Nationwide-E&S/Specialty; Crum & Forster Specialty Insurance Co.; Palomar Excess and Surplus Insurance Co.; and Aspen Specialty Insurance Co.