arrow-1arrow-2arrow-ltcancel-fatcancel-thineditfacebooklinkedinmailmenunetworkplusrdg-monoRrdgRrsg-monorsgrsgum-monorsgumrt-monortsearchspinnertwitterusers

RT Specialty is proud to welcome All Risks to the RSG family effective September 1st, 2020!

International Remediation Contractor with high loss ratio gets flat renewal

New Day recently established a new broker relationship in which the insured, an International remediation contractor, was new to our partner broker via Broker of Record (BOR).  The broker partner came to New Day seeking renewal solutions.   The insured had a high loss ratio and thought they had the broadest coverage since the account was previously with a national broker.  New Day restructured the program and negotiated broader coverage that included identifying a missed insured, broadening foreign coverage, adding site pollution coverage and adding emergency response coverage.   The incumbent insurer was pressing for a large premium increase due to the loss ratio.  However, New Day was able to broaden the coverage and ultimately negotiated a flat premium with the incumbent insurer.
 

Find a Broker

Search by product, location, or name

Please Update Your Browser

Unfortunately Microsoft is no longer providing support or security fixes for your web browser. RT Specialty values the safety and security of its clients’ data, and as such this site requires the use of a modern web browser. To update your web browser, please see the links below. If you have any questions or would like additional information, please email info@rtspecialty.com or call (312) 784-6001.

Firefox Firefox Chrome Chrome IE Internet Explorer Edge Microsoft Edge