Risksmith Insurance Services, a specialty managing general underwriter (MGU) focused on providing insurance solutions for complex excess and surplus (E&S) risks, has launched an earthquake programme offering flexibility, deep technical expertise, and underwriting appetite for hard-to-place property risks.
According to the MGU, the new offering provides access to high limits of up to $25 million, large-risk capacity with no TIV maximum, and flexible structure options, including primary, quota share or excess placements.
Risksmith’s DIC earthquake programme enables brokers and insureds to mould a coverage that fits their needs, offering: earthquake, earth movement & earthquake sprinkler leakage coverage, carrier or manuscript EQ definition flexibility.
The offering is available for a wide variety of commercial property risks across major earthquake zones like California, the Pacific Northwest, New Madrid, and all other US states.
Ravi Patel, Executive Vice President and Head of Property, Risksmith, commented, “The risks that require the most expert understanding are the exact risks where our team shines.
“We built this programme to be flexible, allowing our underwriters to craft solutions with real definition options, real capacity and no arbitrary TIV caps. It reflects exactly who we are: an underwriter-centric firm that pairs responsible risk taking with disciplined, long-term value creation.”
About the Author
