Austin, Texas-based Technical Risk Underwriters, a Ryan Specialty Group managing general underwriter focused on construction, has secured $100 million of wood frame builder’s risk capacity, effective January 1, 2022.
This newly secured wood frame capacity is offered in addition to TRU’s $150 million of construction builder’s risk capacity and $100 million of critical flood, earthquake and / or named windstorm capacity.
TRU has secured this new wood frame capacity in part thanks to its underwriting team and loss control methods. These loss control methods include utilizing thermal technology solutions to reduce risk of fire, implementing waterflow detection systems to reduce water damage losses and designing new security solutions for construction projects.
Source: Ryan Specialty Group
Topics Underwriting
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