MRS CAT & Specialty Property is the wholesale division of McGowan Risk Specialists dedicated to hard-to-place, wind-exposed risks of all sizes.
TARGET Apartments, Condos, Hotels, Shopping Centers, & General Real Estate
- Wind Deductible can be bought down on a percentage basis or to a flat deductible (i.e. a specific dollar amount)
- Flat deductible: As low as $5,000
- Coastal and non-coastal risks eligible
- Maximum line: $1mm
- Fast, in-house authority with quick turnaround
To Obtain Quotes: A complete submission requires the following:
- Acord 125 and 140, preferably with fully-completed Excel schedule of values
- Loss history
- Current terms
- Overlying carrier structure
- Request deductible
To Bind Coverage:
- A written request to bind.
- A signed ACORD submission.
- 3 years of loss runs for all underlying policies.
- Supplemental applications (at the underwriter’s discretion).