Excess Public Entity

Target Classes:

Target Classes:

Included Classes:

  • Municipalities, Counties, & States
  • Public School Districts
  • Community Colleges, State Colleges & Universities
  • Public Transit Districts
  • Other Public Agencies & Special Districts
  • Pools & Joint Powers Authorities (JPAs) comprising risks listed above

Excluded Classes:

  • Charities, Non-Profit Organizations
  • Hospitals, Nursing Homes, Assisted Living Facilities
  • Private Schools & Colleges
  • Private Utilities
  • Religious Institutions

Summary:

  • Excess Liability for Public Entities in all States
  • Minimum Attachment Point: $1,000,000
  • Target Limits up to $5,000,000 excess of underlying
  • Follow Form Excess and Reinsurance of MOCs
  • Can write either Excess of Loss or Quota Share

Issuing Company: Upland Specialty Insurance Company
AM Best Rating: A-VIII

Requirements:

  • Completed PE and appropriate Supplemental Applications
  • Minimum 10 Years’ Currently Valued, Uncapped, First Dollar Loss Data (in Excel format)
  • Currently Valued Carrier Loss Runs
  • Large Loss Summary (Details of all Losses >$500,000)
  • Expiring Program Structure & Pricing
  • Underlying Terms
  • Most Recent Budget or CAFR

Resources: