Medical Diagnostic Equipment Mfg. - CA

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Medical Diagnostic Equipment Mfg. - CA

Postby InsureTime » Tue May 15, 2012 12:00 pm

Hello,

Does anyone have an admitted market for a company which manufactures medical dishes and tubes (were cultures are grown).

5 years with no losses with Travelers.
8,000 annual premium
GL limits are 1/2/2
Building $950k RC
4.8 million annual sales
Products are manufactured my applicant

Please email me: sarkis@calcocommercialinsurance.com or call 818 906-7900
InsureTime
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Re: Medical Diagnostic Equipment Mfg. - CA

Postby LadyBroker » Tue May 15, 2012 12:20 pm

Is Travelers getting off the risk, or are you trying to compete with them?
"It's a typical day, on the road to Utopia.."
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Re: Medical Diagnostic Equipment Mfg. - CA

Postby InsureTime » Tue May 15, 2012 1:02 pm

LadyBroker wrote:Is Travelers getting off the risk, or are you trying to compete with them?


They are not. The client is looking for a better rate.
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Re: Medical Diagnostic Equipment Mfg. - CA

Postby LadyBroker » Tue May 15, 2012 4:34 pm

It's less than a $2 rate for the GL, maybe a $0.15 rate on the property? Maybe try your preferred carriers (Allied, CNA, etc). I think they are getting a pretty good deal now, though. :-)
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