Integrated Risk Facilities, Inc. - Umbrella Facility
Preferred Concepts LLC offers the Integrated Risk Facilities, Inc. - Umbrella Facility, a long-standing mono-line umbrella program designed specifically for the Real Estate and Hospitality industries. With available limits up to $250,000,000, this program is built to meet the excess liability needs of complex and high-value property portfolios. Brokers working with commercial real estate owners, hotel operators, and developers will find this facility ideal for accounts requiring substantial umbrella capacity with flexible terms and responsive underwriting.
Ideal Accounts and Appetite
This umbrella program is tailored for large-scale risks in the following sectors:
- Commercial and residential real estate portfolios
- Hospitality properties, including hotels and resorts
- Mixed-use developments
- Real estate investment trusts (REITs) and property management firms
It is especially well-suited for insureds with sizable assets or operations in multiple states that require high umbrella limits to satisfy lender or contractual requirements. You might have a client who owns a multi-state hotel chain or manages hundreds of residential units—this program can meet their excess liability needs efficiently.
Coverage Highlights and Advantages
- Limits available up to $250 million
- Mono-line structure allows for standalone umbrella placement
- Contemporary coverage terms tailored to modern risk profiles
- Supported by top-tier carriers including ACE, AIG, Chubb, and Zurich
- Highly competitive pricing relative to industry benchmarks
The program is designed to address a wide range of general liability exposures and is backed by financially strong markets, providing you and your clients with confidence in claims-paying ability and long-term program stability.
Underwriting Notes and Submission Guidelines
While there is no published minimum premium, accounts should be of sufficient size and complexity to benefit from higher umbrella limits. Underwriters will evaluate total insured values, number of locations, occupancy types, loss history, and existing primary coverage structure. Submissions with well-documented risk management practices and clean loss histories are more likely to qualify for preferred terms.
Territories and Availability
This non-admitted umbrella program is available in 50 states including the District of Columbia. States served include but are not limited to California, New York, Texas, Florida, Illinois, and Georgia. Whether your client operates regionally or nationally, Preferred Concepts can support your placement needs across state lines.
Why Work With Preferred Concepts LLC
Preferred Concepts LLC is known for its long-tenured specialty programs and deep expertise in real estate and hospitality risks. Their underwriting team offers responsive service and custom solutions for complex and high-limit umbrella placements. With access to premier carrier partners and a commitment to program stability, Preferred Concepts gives brokers the tools they need to secure competitive, reliable umbrella coverage for sophisticated clients.
Frequently Asked Questions
What types of accounts are a good fit for this umbrella program?
Ideal accounts include commercial and residential real estate portfolios, REITs, hotel and resort operators, and property managers with high-value or multi-location exposures.
What is the maximum umbrella limit available?
The program offers coverage limits up to $250,000,000, depending on the risk profile and underwriting criteria.
Is this an admitted or non-admitted program?
This is a non-admitted umbrella program, allowing for greater flexibility in coverage terms and underwriting.
Which insurance carriers support this program?
The facility is backed by leading carriers including ACE, AIG, Chubb, and Zurich, ensuring strong financial stability and claims support.
In which states is this program available?
The program is available in all 50 states, including key markets like California, Texas, Florida, and New York.
Need help placing an account? Connect with a market specialist.