Merit Specialty

Appetite

Merit Specialty targets a broad range of casualty risks with tailored solutions for your primary and excess liability needs. Our typical risk profile has revenues ranging from $1M to $25M, with an optimal premium range of $15K to $75K per policy. Generally, our minimum premium starts at $7,500 with a minimum deductible of $2,500.

It is important to note our appetite varies based on individual risk characteristics. Please contact a Merit Specialty casualty underwriter to discuss specific opportunities.

The appetite below highlights target classes of business, products and operations, as well as those that fall outside our appetite. For classes of business, products and operations not listed, risk acceptability will be determined by individual risk characteristics, venue and terms.

View contracting/construction appetite

• General contractors (GCs)
• HVAC contractors
• Industrial construction
• Service operations
• Millwright
• Janitorial
• Machinery/equipment service, repair
• Metal erection — structural and non-structural
• Owners' interest
• Painting
• Plumbing
• Residential repair/remodel artisans and GCs (no new residential construction)
• Street/road construction, paving, repaving and striping
• Sewer, gas and water mains
• Welding

View products/manufacturing appetite

• Auto parts — non-critical parts only
• Clothing
• Cosmetics
• Contractors equipment/parts or material handling equipment
• Communication equipment
• Distributors
• Electrical equipment/parts
• Food products
• Hand tools
• Industrial and farm
• Machinery equipment and parts
• Medical equipment and products — noninvasive, therapeutic, durable medical
• Metal fabrication
• Trailers

View other casualty appetite

• Convenience and grocery stores
• Distributors and wholesalers
• Equipment rentals
• Habitational — smaller schedules, better than average properties and favorable occupancies
• Hotels — smaller locations and better than average properties
• Restaurants — with less than 50% liquor sales
• Lessors risks only (LRO)
• Machine shops
• Office buildings
• Real estate
• Trucking/logistics
• Vacant buildings and land
• Warehousing
• New ventures

View risks out of appetite

• Aircraft products
• Invasive medical products
• Pharmaceutical products
• New York construction exposures
• New residential development or construction operations
• Cannabis-related risks, including both products and tenant operations within LRO risks
• Adult entertainment risks
• Trampoline and/or inflatable facilities/operations
• Tobacco and vaping products
• Firearms and ammunition

Our offering

 We offer non-admitted coverage for risks located in the contiguous United States.

• Commercial general liability — $1M/$2M limits
  • Occurrence or claims-made coverage options available
  • Additional coverages available for consideration include employee benefits liability, hired and nonowned auto and stop gap
• Liquor liability (only when written in conjunction with the general liability)
• Products liability and discontinued products and/or completed operations liability
• Mix of ISO and proprietary coverage forms and endorsements to tailor coverage
• Non-admitted coverage offered via AIX Specialty Insurance Company paper (A XV AM Best Rating)
• Supported excess liability — Up to $5M in supported excess limits available on a follow form basis, with the ability to schedule underlying auto liability or employers’ liability of another carrier (subject to carrier and underlying limit acceptability)