Specialty managing general underwriter Risksmith Insurance Services announced the launch of its new difference in conditions (DIC) earthquake insurance program.
Built for large, complex and true excess & surplus property exposures, the program offers flexibility, deep technical expertise and underwriting appetite for risks that many markets routinely avoid – including older buildings, high liquefaction and tuck-under parking.
The new offering provides access to high limits, no TIV maximum, and flexible structure options including primary, quota share or excess placements. It is available for a wide variety of commercial property risk across major earthquake zones like California, the Pacific Northwest, New Madrid and all other U.S. states.
Risksmith’s DIC Earthquake program enables brokers and insureds to shape the coverage that fits their needs, offering:
- Earthquake, earth movement & earthquake sprinkler leakage coverage
- Carrier or manuscript EQ definition flexibility
- High limits up to $25M
- Large-risk capacity with no maximum TIV
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