Overview of the Program From Sloan Mason Insurance Services, Inc.
Sloan Mason Insurance Services, Inc. provides access to a competitive program for Electric Cooperatives, Cogeneration and Power Generation facilities, and contractors who service these industries. As a wholesale broker, Sloan Mason places business with a panel of various A-rated carriers and offers both admitted and non-admitted solutions where available. The program is designed for agents and brokers who need specialized underwriting capacity for generation risks, pollution exposures, and contractor services tied to power operations.
Ideal Accounts and Appetite
- Rural and regional electric cooperatives that operate distribution and generation assets
- Cogeneration and combined heat-and-power (CHP) plants serving industrial or institutional sites
- Independent power producers and merchant generating facilities (non-nuclear)
- Contractors and service providers to the power sector (O&M contractors, electrical contractors, turbomachinery service providers)
- Facilities with onsite fuel storage, transformers/substations, switchgear, and associated pollution exposures
Accounts with routine maintenance programs, formal loss control practices, and complete loss history are the best fit. High-hazard operations (for example, nuclear generation) are typically outside this appetite—please consult Sloan Mason underwriting for borderline risks.
Coverage Highlights and Advantages
- Primary General Liability and Contractors Pollution coverages tailored for generation operations
- Commercial Auto for fleets serving generation and contracting operations
- Excess/Umbrella layers to provide broader limits above primary liability
- Property and Equipment Breakdown (available through select panel carriers)
- Business Income and Extra Expense for generation interruption scenarios
- Access to A-rated admitted markets where possible, with non-admitted capacity in most markets when needed
Underwriters in the program understand the operational exposures unique to power generation and contracting, allowing for placement that reflects industry practice and risk management controls.
Underwriting Notes and Minimum Premiums
To obtain a full underwriting review and the best possible quote for Electric Cooperatives, Cogeneration and Power Generation Insurance, Sloan Mason requests the following:
- 5-year payroll history
- 5-year, currently valued carrier-issued loss runs (valuation date within 90 days of requested effective date)
- Completed ACORD applications and any program supplementals
Minimum premiums (typical program thresholds) include:
- $15,000 for General Liability and Pollution
- $5,000 for Auto
- $7,500 for Umbrella Liability
Actual premiums and retentions will vary by carrier, state, and individual account exposures.
Territories and Availability
This program is available in most U.S. states. States where coverage is commonly placed include: AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, DC, WV, WI, WY. Admitted options are available in many jurisdictions; non-admitted capacity is used where necessary to secure appropriate terms.
Why Work With Sloan Mason on This Business
- Wholesale broker access to multiple A-rated markets, increasing placement flexibility
- Underwriting familiarity with generation, pollution, and contractor exposures
- Competitive program structure designed for complex energy sector risks
- Practical submission requirements to speed quoting and binding
Example scenarios: You might have a rural electric cooperative seeking combined GL and pollution limits for a small diesel peaking plant and distribution operations, or a cogeneration plant at a manufacturing facility that needs property, equipment breakdown, and business income coverage after a recent equipment retrofit. Both are representative risks this program targets.