A Constellation of Resources for Wholesale Brokers
A Constellation of Resources for Wholesale Brokers
Rotating Employee Portrait
Crystal Swoboda
A Constellation of Resources for Wholesale Brokers
Rotating Employee Portrait
Crystal Swoboda


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Mono-Line Excess Liability in New York

You are receiving this email because you are one of Vela's valued Specialty Construction brokers.  This is the 2nd email in a 2-part series that will define the Specialty Construction market at Vela and how you can grow your book of business within this segment.

What's new in New York?​

Vela is pleased to roll out our Mono-Line Excess Liability for Contractors.  In addition to General Liability limits, Vela now has excess capacity up to $10M for project and practice policies. Vela can offer $5M lead excess and up to $10M at higher attachments. With our new excess capacity, we have the ability to schedule the underlying Auto and EL and consider a broader scope of accounts. Click below for more information.
Excess Liability Overview

Recent Quotes for Mono-Line Excess Liability

General Contractor 10 x 5
Plumbing Contractor 3 x 2
High-rise Condo Project 5 x P(2/4/4)
Apartment Project 10 x 15
Drywall Contractor 5 x 5
Electrical Contractor 5 x P(2/4/4)

New York Construction

Vela will write both primary and excess liability coverage within the State of New York. With an average of 10+ years of expertise and in-depth understanding of New York Construction, our Underwriters and Risk Specialists are well-versed in your potential construction risks.

Our appetite is Vertical Construction Projects, Interior Trade Contractors and General Contractors, with a willingness to write both Project and Annual Practice Policies. Click below for more information.
New York Construction Overview

What's next? Contact your Specialty Construction Underwriter or Risk Specialist to set up a meeting. We'd love to hear from you. Visit our website for more information.

Products and services described above are provided through various surplus lines insurance company subsidiaries of W. R. Berkley Corporation and offered through licensed surplus lines brokers. Not all products and services may be available in all jurisdictions, and the coverage provided by an insurer is subject to the actual terms and conditions of the policies issued. Surplus lines insurance carriers do not generally participate in state guaranty funds and insureds are therefore not protected by such funds. This material does not amend, or otherwise affect, the provisions or coverages of any insurance policy issued. It is not a representation that coverage does or does not exist for any particular claim or loss under any such policy. Coverage depends on the facts and circumstances involved in the claim or loss, all applicable policy provisions and any applicable law. Availability of coverage referenced in this document can depend on underwriting qualifications and state regulations.

Vela Insurance Services conducts business as Vela Insurance Services, LLC in California as a licensed surplus lines broker

(License Number 0C94218).