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BIB Recent Success Stories - November 2023
Allied Health/Nonprofit & Human Services:
Account: OH Adult Day Care/Youth Group Home
Coverage: Excess
Premium: $22,900
Account: AZ 10 bed Assisted Living
Coverage: PLGL
Premium: $13,506
Account: CA 11 Location RCFE
Coverage: PLGL
Premium: $130,750
Account: NM 6 bed Assisted Living
Coverage: PLGL
Premium: $7,800
Account: MA Non-Emergency Medical Transport
Coverage: PLGL
Premium: $2,500
Executive Professional Liability:
Account: CA Semiconductor Testing Co
Coverage: Excess D&O
Premium: $10m for $173,000
Account: TX DNA Testing Lab
Coverage: EPLI
Premium: $10m for $330,000
Account: NY Software Developer
Coverage: Excess Tech E&O, Cyber
Premium: $10m for $67,420
Account: MI Auto Dealer
Coverage: D&O, EPL
Premium: $2m for $8,900
Account: NY Financial Software Co
Coverage: Tech E&O, Cyber
Premium: $15m for $96,775
Account: NY Restaurant Group
Coverage: D&O, EPL
Premium: $1m for $18,932
Workers' Compensation:
Account: MA Excavator
Coverage: WC
Premium: $2,700
Account: MA Investment Advisor
Coverage: WC
Premium: $2,000
Account: MA Solar Sales and Installation
Coverage: WC
Premium: $23,000
Account: CT Home Fuel Delivery
Coverage: WC
Premium: $20,000
Account: MA Cold Storage Warehouse
Coverage: WC
Premium: $87,000
Account: CA Termite/Pest Control
Coverage: WC
Premium: $97,000
Account: MA Remodeling Contractor
Coverage: WC
Premium: $9,000
Account: MA Property Management
Coverage: WC
Premium: $650
Account: MA Adult Day Care
Coverage: WC
Premium: $7,000
Account: GA Solar Installation
Coverage: WC
Premium: $14,000
Account: MA Restaurant
Coverage: WC
Premium: $1,600
General P&C and Environmental:
Account: MA US Navy Contract Marine Research Risk
Coverage: MEL, MGL
Premium: $39,000
Account: MA Residential Condominium Association with some losses – 842 units, gym/pool
Coverage: GL, Property Package, Large Frame TIV
Premium: $322,000
Account: MA Non-profit after school daycare
Coverage: Property, GL/Prof Liab Package, Umbrella
Premium: $45,000
Account: MA Residential Condominium Association with GL & Property losses - 261 unit
Coverage: CGL, Property, and Excess DIC EQ
Premium: $288,000