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BIB Recent Success Stories - March 2022
Executive & Professional Liability
Account: CA HR Software
Coverage: E&O-Cyber, $5M
Premium: $39,350
Account: NY Bitcoin Fund
Coverage: Cyber, $1M
Premium: $5,400
Account: NY Software Developer in NYC & Israel
Coverage: E&O-Cyber and Excess, $5M/$5M
Premium: $23,875, $15,000
Account: NY Communications Co
Coverage: D&O-EPL Fiduciary Tech E&O-Cyber $1M
Premium: $12,375
Workers' Compensation:
Account: MA Carpenter
Coverage: WC
Premium: $4,500
Account: MA Garbage Collection
Coverage: WC
Premium: $6,843
Account: MA Retail
Coverage: WC
Premium: $550
Account: TX Trucking
Coverage: WC
Premium: $55,000
Account: MA Paving
Coverage: WC
Premium: $5,500
General P&C and Environmental:
Account: CO Vacant Building
Coverage: GL
Premium: $7,000
Account: CT Contractor
Coverage: GL/Auto/Property/WC/UMB
Premium: $210,000
Account: NM High value personal lines
Coverage: Home, Auto, UMB
Premium: $30,000
Account: MN Home Owners Assoc
Coverage: GL
Premium: $2,500
Account: CA Apartments
Coverage: Builders Risk
Premium: $22,000
Account: IL Religious College
Coverage: Package
Premium: $46,760
Account: NY Wholesale Distributor - Imported Linens Hospitality Industry (Egypt, India, China)
Coverage: GL/Products Liability (Occurrence Form)
Premium: $7,700
Account: NJ For Hire Trucking Operation Hauling Lubricants & Oils
Coverage: $4M Excess Liability over AL, GL, & EL
Premium: $20,000
Account: CT Mill Building LRO – Textiles/Mfg Tenants
Coverage: GL & Property ($10.5M TIV with $3mm Flat/NILCO ACV limit purchased)
Premium: $44,000
Account: CT 153 Unit Residential Condominium Association - $41mm Frame Values
Coverage: Admitted GL/Property Package + $2M Excess Liability
Premium: $66,000
Account: MA Nantucket Restaurant with 35%+ Liquor Sales
Coverage: GL/Liquor, Property & $7M Excess Liability
Premium: $48,500
Account: MA Telecommunications Contractor - with difficult COI requirements/AI editions req'd
Coverage: GL & $5M Excess Liability
Premium: $40,000
Account: MA Manufacturer of filtration elements & water treatment/industrial separation equip
Coverage: GL/Products Liability (Occurrence Form)
Premium: $20,000
Account: IN Fast Food/Chinese Restaurant
Coverage: Package (GL $1M/$2M Property $40K)
Premium: $1,259
Allied Health/Nonprofit & Human Services:
Account: MI Assisted Living Facility
Coverage: PLGL
Premium: $50,000
Account: MI Assisted Living Facility
Coverage: PLGL/Umb/Auto/WC
Premium: $80,600
Account: CT Health Care Staffing
Coverage: PLGL
Premium: $11,650
Account: RI Skilled Nursing Facility
Coverage: PLGL
Premium: $81,700
Account: MA Home Health
Coverage: PLGL
Premium: $2,000
Account: NV Home Health Agency
Coverage: $1M Professional Liability Claim
Premium: $150,000