Comprehensive Umbrella Coverage for Diverse Industries
Preferred Concepts LLC offers The Industry Umbrella Program, a flexible mono-line umbrella solution designed specifically for a wide range of middle-market industry segments. Backed by the strength and stability of Zurich, this program helps insurance agents and brokers secure higher-limit liability protection for their commercial clients across multiple sectors.
Ideal Accounts and Appetite
This program is tailored for insureds in:
- Construction
- Hospitality (including hotels and resorts)
- Manufacturing
- Real Estate (commercial and residential portfolios)
- Restaurants and Food Services
- Retail Businesses
- Service Industry Accounts
- Wholesalers and Distributors
Whether you’re working with a regional restaurant chain, a multi-location retail operation, or a growing construction firm, this umbrella program offers the liability extension they need to safeguard against large claims and contractual requirements.
Coverage Highlights and Advantages
- Limits Available: $5 million, $10 million, and $25 million options
- Mono-line Umbrella: Stand-alone coverage that can supplement a primary policy placed elsewhere
- Strong Carrier Backing: Underwritten by Zurich, a trusted name in commercial insurance
- Broad Industry Appetite: Designed for high-exposure and high-traffic businesses that need excess liability
This program helps protect your clients from catastrophic losses that exceed their primary liability limits, including general liability, auto liability, and employer’s liability exposures.
Underwriting Notes and Submission Tips
Preferred Concepts LLC takes a disciplined but flexible approach to underwriting. Submissions should include complete primary policy details, loss runs, and risk-specific information. While there is no specific minimum premium listed, accounts should be commercially viable with established operations and solid risk management practices.
Ideal submissions include clients who have outgrown standard liability limits or who are entering contracts that require higher umbrella limits. For example, you might have a real estate client expanding into new markets with increased tenant exposure, or a service company bidding on contracts with strict insurance requirements.
Territories and Availability
This non-admitted umbrella program is available in most U.S. states, including:
Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Washington, West Virginia, Wisconsin, and Wyoming.
Program availability may vary by state and class of business. Contact Preferred Concepts for state-specific considerations.
Why Work With Preferred Concepts LLC
Preferred Concepts LLC is known for its expertise in structuring industry-specific insurance programs that address complex liability exposures. With a strong underwriting team and access to Zurich as the carrier, agents can rely on responsive service, competitive terms, and the ability to write stand-alone umbrella business across a wide array of industries.
If you’re looking for a trusted partner to help place umbrella coverage for your commercial clients, Preferred Concepts offers the tools, market access, and experience to support your success.
Frequently Asked Questions
What types of accounts are a good fit for this umbrella program?
Target classes include construction, hospitality, manufacturing, real estate, restaurants, retail, service industries, and wholesalers. Accounts with high liability exposure or contractual insurance requirements are ideal.
Is this umbrella coverage available nationwide?
The program is available in most U.S. states. Check with Preferred Concepts for any state-specific restrictions or considerations.
Can this umbrella policy be written on a mono-line basis?
Yes, this is a mono-line umbrella program, which means it can be written independently of the primary coverage.
What carriers back this umbrella program?
The program is underwritten by Zurich, a well-established commercial insurance carrier.
Is this an admitted or non-admitted program?
This is a non-admitted umbrella program, offering flexibility in underwriting and coverage structure.
Need help placing an account? Connect with a market specialist.