Great American Insurance can provide Package Insurance solutions for UK domiciled policyholders. We are actively seeking MGA, Scheme and Broker partners with profitable portfolios in our core target areas. Opportunities outside our core appetite may still be considered following discussion with our underwriting team.

Core Products & Covers
We can offer a range of covers, including:

• Property Damage: buildings, contents, stock, electronic equipment
• Business Interruption: increased cost of working, loss of income, gross profit
• Business Equipment All Risk: laptops, phones and specialist equipment
• Money/Own Goods in Transit
• Contract Works/Own Plant /Hired in Plant / Tools (SME Contractors)
• Public/Products Liability and Employers Liability

Who do we work with?

We are looking to work with:

• Delegated Authority Schemes
• Established MGAs with proven underwriting controls
• Specialist sector propositions
• Affinity programmes
• Scheme business with strong data and performance history
• Existing portfolios seeking long-term A+ rated capacity support

Our target professions include:

Core Appetite

• Offices and Professional services
• Retail & Shops (incl. hair and beauty)
• Package PI solutions
• For SME Combined Package:
– Wholesale & Distribution
– Assembly
– Light Manufacturing

Selective Appetite
• SME contractors
• Restaurants & pubs
• Importers & suppliers
• Plastics
• Woodworking
• Food/drink manufacturers

The following professions are out of appetite:

• Leisure
• Waste and recycling
• Mining and quarrying
• Haulage
• Safety critical products /High efficacy products risk
• North American exports in excess of 30%
• Chemicals /Rubber
• Theft attractive goods specialist trades

What is our target risk?

• Property and Liability Package
• Liability based Package (i.e. PI or PL core section)
• UK domiciled businesses
• SME Combined Package – Turnover up to £5M
• SME Contractors – Turnover up to £2.5M
• Retail/Shops/Pubs/Restaurants – Turnover up to £10M
• Package PI solutions – Turnover up to £25M
• Multiple site businesses considered
• Property TSI (PD/BI) up to £10M
• BI indemnity periods up to 36 months
• Money/Own Goods in Transit – up to £10,000 Limit
• Employers Liability – £10M LOI
• Public/Products Liability – up to £5M LOI
• Professional Indemnity – up to £5M LOI
• Management Liability – Up to £5M LOI (EPL at £2M) – selective trades
• Contract Works – up to £500,000 contract limit (SME Contractors)
• Own Plant /Hired in Plant – up to £100,000 (SME Contractors)
• Personal Accident – up to £50,000 capital benefits
• Professional Indemnity/Management Liability
• Personal Accident
• Terrorism (Pool Re backed)

Please contact us to discuss your insurance requirements in more detail:

Andy Hastelow

Senior Underwriter – Package Business

Mob: +44 (0)7816 582161

Email: ahastelow@gaig.com