Everspan, MGA unveil excess casualty programPosted On: Apr. 5, 2023 11:07 AM CST
Everspan Group Inc. and managing general agent Aurenity have launched a program to provide excess casualty buffer coverage for mid-market construction, hospitality, real estate, premises and products risks.
The program is aimed at providing buffer layer coverage between the primary market and attachments points in the excess space, a statement said.
Typical limits will be $4 million excess $1 million and $3 million excess $2 million, with flexibility to write shorter layers “as necessary,” the statement said.
The program will be underwritten by Aurenity’s excess casualty team led by Janet Beaver, and distribution will be through wholesale excess and surplus brokers.
Aurenity launched primary general liability and excess casualty programs in September 2022.