Expert Underwriters Focus on Personal Review and Quick Response
At AmTrust, we understand that underwriting is unique to each business operation we represent. That’s why our skilled underwriters review every risk submission personally. It is important to us to learn the nature of your business and the risk involved. Our unique approach allows us to be responsive to your needs and gives you a quick answer to your risk submission.
Our underwriters use several tools to assess the risk including the Acord application, agent narrative, operational verification questionnaire and recent loss report.
Underwriting Guidelines
To be eligible for consideration, each risk must have:
- At least, one full-time employee (in addition to the owner) generating a premium of $500 or greater ($1,000 minimum premium for restaurants in NY)
- Fewer than 75 employees at a single location at the same time
- Loss ratio less than 40% in the experience period (calculated by average annual losses divided by quoted premium)
- Generally 3 years in business with workers’ compensation coverage (see submission requirements)