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Historically
the firm's core business has been generated by the typically difficult
to place risks arising out of the forestry industry,
whether that be logging equipment of any description or sawmills
big or small. Forestry business continues to be a significant source
for us but we also write substantial amounts of business in a wide
range of other classes.
Other
insurance classes include:
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Any
type of hard to place property whether protected or not |
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Inland marine
and transit risks |
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Motor
truck cargo |
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Commercial
vehicle physical damage |
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Mobile
equipment |
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Liability/Casualty
including USA (cgl, excess, umbrella, crime) |
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COC |
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Livestock |
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Fine
Arts/Jewellers block |
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Various
floaters |
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High
value homes ($750,000+) |
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Overseas
risks (Property & Casualty) |
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Political
Risk |
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E&O |
This is by no
means an exhaustive list, and we welcome enquiries on
any type of unusual or difficult to place risks.
Please
email us for details - ngwilliams@telus.net
Markets
Our
markets are all first class licenced security. Although we
use a range of niche markets, the large majority of our business
is underwritten by Lloyd's, Chubb, Ecclesiastical, Kingsway General and AXA Pacific.
With each of
these markets we do considerable business on an offer and acceptance
basis, and have access to substantial capacity for both property
and casualty. Limits in excess of $5,000,000 do not present
a problem.
In addition
we have developed a number of useful in house binders which are
outlined below:
| General
Property |
We
have $1,000,000 of in-house binding authority |
| Motor
truck cargo |
We
can write in-house most general cargoes, limit $300,000 with
receipts up to $1,000,000 |
| Logging
equipment |
We
can bind in-house on policy limits of $600,000, no one item
to exceed $200,000 |
| Auto
physical damage |
We
have authority to bind limits up to $200,000 |
Premiums
and Commissions
On offer and acceptance business with our markets the minimum premium
is $2,500. Under our binders the minimum is $1,000, depending on
the facility used. We pay commissions to the producing broker of
10% or 12.5% depending on the nature of the business. We do not
charge policy fees except in unusual circumstances.

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