At FTA Insurance, we pride ourselves on our ability to place challenging risks with competitive terms. Here are some recent success stories from August 2024.
Design & Construct Professional Indemnity
Client: Building company specializing in construction and fit-out of single-family homes and low-rise buildings
Challenge: The broker was seeking a $10 million limit for their client, but the current insurer could only renew with a $5 million limit.
FTA Solution: FTA offers Design and Construct PI coverage with limits up to $20 million. We were able to provide the desired $10 million limit with:
- Excess: $10,000
- Premium: Approximately $12,500
This demonstrates our capacity to provide higher limits than many competitors for D&C risks.
Management Liability
Client: Publishing services company with approximately $500,000 revenue
Challenge: Finding competitive ML coverage for a smaller business.
FTA Solution: Our competitive policy pricing resulted in a premium of just $1,500 for a $2 million policy limit, facilitating the successful placement of this risk.
Why Brokers Choose FTA
- 24-48 hour turnaround on submissions
- Individual risk assessment — we underwrite each risk on its merits
- Limits up to $20 million with costs in addition
- Top-tier Lloyd’s capacity backed by AIG Talbot and Chubb Lloyd’s
Contact our team today to discuss your next challenging placement.
Phone: (02) 9003 1660 Email: quotes@ftainsurance.com.au