Property Binders Insurance
Travelers Property team underwrite a range of US and North American property risk portfolios on a binding authority / Delegated Underwriting basis. Our appetite covers a range of commercial and personal property risks, covering everything from business interruption, through to boiler machinery breakdown.
Our highly knowledgeable and experienced underwriters have a high degree of specialist industry knowledge, offering a unique in-house product that is different and distinct to the London market alternative. We frequently travel throughout the US where we are able to leverage the size of Travelers as one of the biggest insurers in the US. This allows us to build and establish mutually beneficial, long term relationships with our coverholders, brokers and customers.
Our client-centered boilerRe product is unique in the market. In synergy with our US parent business, we are able to deliver full-service equipment breakdown coverage for a variety of business risks, enabling us to deliver superior client-centric solutions in an evolving market.
Travelers are seeking binding authority partners who share our vision and business goals for excellent underwriting and growing a profitable book of business.
- US and North-American property targets
- Large volume of smaller Commercial and Personal Property risks.
- Commercial / Residential delegated authority business
- Property damage
- Business Interruption
- Auto physical damage
- Boiler Machinery break-down
- $2,500,000 (Any one risk)
- $25,000,000 (Machinery and equipment breakdown for a single location)