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Bridge construction projects come with signi... of accounts are a good fit for this Bridge Contractors program?This program is ideal for small to large bridge construction businesses, including...

Novatae Risk Group offers a robust Builders Risk and Course of Construction Insu...mercial Insurance Application and a Builders Risk Application. Need help pla...

... to fit regional and large-scale builders alike. Ideal Accounts and Appetite ...ge residential projects or multiple builders on a single site Developers c...

...olution designed specifically for bridge and road construction contractors. Th...shed contractors and startups in the bridge and roadway construction industry....

Novatae Risk Group specializes in Wrap-Up programs designed for project-specific General Insurance needs. A Wrap-Up consolidates coverage normally placed separately by owners, general contractors and subcontractors into a single, coordinated policy — reducing coverage gaps, minimizing conflicts between carriers during claim resolution, and supporting consistent safety and loss-control practices. The three core benefits of a Wrap-Up policy are Coverage, Control and Cost Savings. Wrap-Up programs are offered in two primary forms: Owner-Controlled (OCIP) and Contractor-Controlled (CCIP). Both types allow the project owner or prime contractor to spread risk among participants while providing a single insurance platform and coordinated safety program for everyone working on the project. *No two Wrap-Up policies are identical. Contact our office with questions about a specific project or to review a submission. Premiums have softened since the peak of the construction cycle, making now an attractive time for owners and contractors to consider Wrap-Up programs to better manage risk and control project insurance costs. Appetite: Residential tract developments, commercial projects, condos, townhomes, apartments and high-rise construction Program Highlights: Access to markets rated from A-VII to A-XV by AM Best (Non-Admitted AXV carrier) Typical Limits: $1M/$2M/$2M and higher available Builder/GC required to provide 3+ years of loss runs Minimum Premium: Starting at $25,000+ Minimum Deductibles: Typically start at $10,000 (BI/PD) Defense – Inside Blanket Additional Insured, Primary status, Waiver of Subrogation Subsidence coverage available subject to underwriting approval Requires PWC* warranty and formal Wrap administration (PWC warranty placed with a Zurich company) Underwriting Notes and Placement Guidelines This program is tailored for larger single-project placements or programs where consolidating multiple contractors under one policy delivers measurable cost and control benefits. Please expect standard Wrap submission requirements: complete project description, list of contractors and subcontractors, payroll and contract values, safety program documentation, and loss runs for the builder/GC (3+ years preferred). Minimum premiums and deductibles reflect the consolidated exposure profile of wrap-up placements. Limits, retentions and specific coverages (including subsidence or other project-specific endorsements) are set on a project-by-project basis by underwriting. Territories & Availability This Wrap-Up program is offered through a non-admitted AXV market and is available in the following states: AL, AK, AZ, CA, CO, CT, FL, GA, IL, KY, LA, MN, MS, MO, NV, NJ, NM, NY, NC, PA, SC, TN, TX, UT, VA, WV, WI. Availability may vary by state and by the specifics of the project; underwriters will confirm admissibility and any state-specific requirements during the submission review. Why Place Wrap-Up Business with Novatae Risk Group Specialized underwriting and program administration experience placing project-based Wrap-Up policies. Access to excess & surplus (E&S) capacity where needed for large or complex construction programs. Emphasis on coordinated safety and loss control to help lower claims friction and overall project costs. Responsive underwriting and experienced wrap administration partners, including PWC warranty placement relationships. Do you need a Wrap-Up Coverage quote? Send an email to [email protected] with your coverage needs or call 800-758-8113 to speak to an underwriter immediately. Frequently Asked Questions What types of projects are a good fit for this Wrap-Up program?This program targets medium-to-large construction projects such as residential tract developments, multifamily (townhomes, apartments, high-rises), commercial developments and condominium projects where consolidating contractor coverage delivers administrative and cost efficiencies. What are the key underwriting minimums and documentation requirements?Underwriting typically requires 3+ years of loss runs for the builder/GC, a complete subcontractor schedule, estimated payrolls and contract values, a project safety plan, and confirmation of required warranties and wrap administration. Minimum premiums generally begin around $25,000 and deductibles commonly start at $10,000 for BI/PD. Is this an admitted program?No. This Wrap-Up offering is placed in the excess & surplus (non-admitted) market through a Non-Admitted AXV carrier. Availability is state-dependent; underwriters will confirm placement options for each project. What submission items help speed up placement?Provide a clear project summary (scope, schedule, location), GC and major subcontractor loss runs, estimated payrolls/values, the proposed list of participating contractors, and any existing safety or loss-control reports. Including a proposed wrap administration plan and confirmation of PWC warranty intent helps underwriters finalize terms faster. Need help placing an account? Connect with a market specialist.

...s Tract Home and Custom Home Builders Condominium and Apartment Comple...al developers, including tract home builders, condo developers, high-rise cons...

...tor installation or maintenance Bridge work Gas stations Blasting and tu...rs, paper GCs, custom and spec home builders, roofers, artisan contractors, an...

...actors Road & Bridge Contractors Roofing C...