Submission Requirements

• Complete Acord application including insured’s FEIN and a good description of operations.
  • Please add a couple of sentences so we understand the exact nature of the work performed.
• A premium schedule from our Web site with the premium you need.
• A completed questionnaire from our Web site.
• Any appropriate narrative that clarifies the operation and experience of the risk.
• Loss runs as described below:

• New Ventures / No Prior Coverage or Less than 3 years Prior Coverage
  • Eligible business operations:
    • Professional office exposures: Doctors, Dentists, Lawyers, Accountants, Insurance Agents, Computer Programmers / Consultants with primarily office exposures
    • Beauty & Barber Shops / Salons
    • Retail Stores:
      • Sale of new merchandise
      • Not open past 9:00 p.m.
      • No Delivery
    • Restaurants
      • Liquor receipts less than 50% of total receipts
      • Not open past midnight
      • No Delivery
      • Minimum premium of $1,000 in NY
    • Laundry / Dry Cleaners with no vehicle exposure
    • Motels: Franchised
  • Must have at least one fulltime employee other than owner(s)
  • Targeting fewer than 12 employees unless part of a franchise program

• For retail stores, professional office exposures, motels, restaurants, laundries and beauty shops:
  • Our preferred submission guidelines require that you submit the current year plus the past three loss runs.
  • If the "preferred submissions" information is not available, AmTrust will accept the following:
    • Premiums under $5,000:
      • Current year loss run
      • Loss statement for prior years if loss runs not available
    • If bureau promulgated merit credit:
      • Current year loss run
    • Premiums between $5,000 and $25,000:
      • If experience modification is less than 1.00
      • Current year loss run
    • If experience modification is greater than 1.00:
      • Current year and prior three years loss runs
        • OR
      • Current year loss run and experience modification worksheet

• Loss runs for current year and three prior complete years
  • OR 
• Loss runs for current year plus the experience mod worksheet
• Consideration will be given for risks in business a minimum of three years with prior coverage