BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Login Register Subscribe

MGA unveils general liability program for large construction


Rokstone Construction Risk Underwriters Ltd., a specialty managing general underwriting agency that focuses on casualty and builder’s risk insurance products and services, said Thursday it is launching a new general liability insurance program for owners and contractors of large construction projects in the United States.

The Red Bank, New Jersey-based company said the primary insurance program was developed to provide in-depth underwriting expertise, wide-ranging coverage and detailed claims and risk engineering services for project-specific insurance and controlled insurance programs.

It said capacity is available on a nonadmitted basis nationwide with HDI Specialty SE, which is a joint venture of Hannover Re and Hannover, Germany-based HDI Global SE. Rokstone began operations in January.

The program is available to select retail distributors and offers terms of from one to five years. Minimum construction value is $50 million and minimum deductibles and/or self-insured retentions start at $25,000, according to the statement.






Read Next

  • Insurers call for construction reforms amid liability dispute

    The Insurance Council of Australia has called on the government to introduce reforms in the construction sector amid a dispute over who is responsible for major building defects and combustible claddings related liability, The Age reported. Insurance premiums for surveyors, engineers and architects have surged up to seven-fold in New South Wales and Victoria recently.