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

RT ECP: Success Stories

July 21, 2010

Firms Learn Pollution Coverage Essential to Construction Risk Management Toolbox

An excavation contractor purchased pollution coverage for $8,000. The driver for purchasing coverage was encountering pre-existing contamination in soil on a project and realizing that there was no coverage in their General Liability (GL) policy for this risk. An electric contractor purchased pollution and professional coverage for $30,500. The reason for purchasing was a contractual […]

July 14, 2010

Renewal Time Crunch

New Day’s broker partner won a large chemical manufacturer/blender account several weeks before renewal. The challenge was to renew a manuscripted site pollution liability policy that included cost cap coverage for a remediation site. With time a concern, New Day conducted a detailed review of the coverages and the remediation project. Working with the carrier, […]

July 14, 2010

New Day and Broker Help Consolidate and Standardize Contractor Coverage

New Day’s broker partner was competing for new business that involved a large contractor consisting of a few entities that had merged through the years. The expiring coverage was a hodge-podge of mono-line professional liability for one entity, combined pollution/ professional coverage for another entity, and neither professional nor pollution coverage for the last entity. […]

July 9, 2010

New Day Places Coverage for Petroleum Tank Farm

New Day was working with a broker partner who had taken over a placement on a large petroleum product tank farm. At the time that New Day became involved there were two policies in place – the primary and the excess. New Day was tasked with placing the excess portion. Located in a waterway in […]

July 9, 2010

New Day Places OCIP for Chinese Drywall Contaminated Condo

New Day Underwriting Managers was retained by the retail broker for its expertise in construction and remediation to place a project-specific Owner’s-Controlled Insurance Program (OCIP) for a luxury condominium project that contained contaminated Chinese drywall.  An intensive marketing effort was conducted to secure the desired coverage. A number of carriers declined this coverage due to […]

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