Back to Product Portfolio

Summary

Catastrophe deductibles are increasing rapidly across all US States, both for standard and excess & surplus markets. In the northeast, many carriers are reverting to percentage deductibles. Besso has 100% facilities at Lloyd’s to offset these shortfalls (AM Best A rated and S&P A+.)  We provide follow-form cover that is concurrent with your master policy, with seamless terms and conditions.

Scope

  • Coverage will usually follow the overlying policy, resulting in concurrent terms across the programme 
  • All states and perils considered, particular appetite for earthquake and named windstorm minimum premium $5k 
  • 2.5% commission to you
  • Buydown is not subject to any aggregated limitation of liability
  • Buydown to 0.25% of TIV or $25K
  • Manuscript wording follows your policy form
  • Can be used to buydown aggregate deductibles to per location deductibles
  • The buydown is not subject to any aggregated limitation of liability

Brokers

Divisional Specialists

Property