Property
Protecting Property and Assets
Jencap’s property team have a wide range of experience with various occupancies and have unparalleled specialization in designing, implementing, and servicing complex property insurance and reinsurance programs. Our highly technical team critically reviews policy language and carefully compares carrier forms and manuscript forms, so we can negotiate the best terms, inclusive of comprehensive coverage, for your clients, irrespective of market conditions. . We welcome the challenge of CAT-exposed property, vacant buildings, a wide range of construction projects, accounts with challenged claims history, new ventures, and more. From open brokerage, to binding authority and exclusive programs, we set you and your client up for success every time.
Open Brokerage/Large Accounts Target Industries
Agricultural/Food – Processing; Wineries; Crop
Builders Risk – New; Renovation; Mid-Build
Dealers Open Lot/Garage Liability
Energy/Mining
Health/Science/ Pharmaceuticals
Hospitality – Budget to Destination Resort; Theme Parks; Arenas
Industrial – Heavy (Mining; Plastics)
Industrial – Light (Warehouse; Food)
Municipality – Housing; Schools; Infrastructure
Real Estate – Apartments; HOA/COA; Retail; Mercantile
Stock Throughput/Inland Marine/Self Storage
Transit – Inland and Ocean
Property Coverages Include
All Risk:
- Fire, Lightning, Vandalism, Collapse
- Water
- Wind
Difference in Conditions:
- Earthquake
- Flood
- Named Windstorm (Tropical/Hurricane)
- Convective Windstorm
- Wildfire
Parametric:
- Windstorm
- Wildfire
- Earthquake
- Flood
Boiler & Machinery
Terrorism:
- TRIA/TRIPRA
- Active Shooter
Captives
- TRIA/TRIPRA
- Active Shooter
Captives
Jencap Has Industry-Leading CAT Modeling Services.
While we cannot predict or forecast the next natural disaster, we can educate you on the implications of these risks and properly manage them.
Catastrophe Modeling Services
To manage these exposures, Jencap offers catastrophe modeling services a cut above the rest of our industry, honed by years of experience.
Just “running the numbers” is not enough; you need experienced professionals who can make certain the information going into the system is complete and current – people who can accurately assess and interpret the results, explaining what it all means and why it is important.
Experience and Expertise
Bruce Norris, a Certified Catastrophe Modeler (CCM), manages the catastrophe modeling services discipline for the Jencap Property team and is a recognized leader in the insurance industry for his knowledge of catastrophe modeling. For over 20 years Bruce has worked with the three major modeling software programs (AIR, EQE, and RMS) and thoroughly understands both the strengths and the limitations of each platform.
Using this expertise Jencap quantifies each insured’s unique exposures to earthquakes, hurricanes, terrorist acts and severe winter storms (tornado, hail, etc.), providing meaningful and understandable catastrophe modeling results, along with the advice needed to make informed, educated decisions on effectively managing your insured’s risk.
We Can Also:
- Map exposures, providing a visual depiction of the risk
- Identify flood zones for properties
- Provide risk profiles for individual locations
- Use model results and our knowledge of what they mean to create some of the industry’s most unique and accurate premium allocation models that are fair and supportable
- Compare results to current market conditions and evaluate the pros and cons of different limit and deductible picks
Binding Authority
Jencap gives you a competitive edge with access to quick indications, quotes, and binders. Combine that with product expertise, geographic knowledge, and deep market intelligence and you get the right policy every time, regardless of the coverage or complexity.
Coverages Solutions Include:
- Business Income
- Business Interruption
- Commercial Property
- Difference in Conditions (DIC)
- Earthquake
- Equipment Breakdown
- Equipment Floaters
- Flood (Primary & Excess)
- Inland Marine
- Layered/QuotaShare Capabilities
- Stock Throughput
- Terrorism
- Umbrella (Primary & Excess)
- Wind
- Wind/Hail Deductible Buyback
- Business Income
- Business Interruption
- Commercial Property
- Difference in Conditions (DIC)
- Earthquake
- Equipment Breakdown
- Equipment Floaters
- Flood (Primary & Excess)
- Inland Marine
- Layered/QuotaShare Capabilities
- Stock Throughput
- Terrorism
- Umbrella (Primary & Excess)
- Wind
- Wind/Hail Deductible Buyback
Target Binding Authority Classes for Property Insurance Include:
- TIV less than $5Mil
- Light manufacturing (no wood i.e. pallets)
- Habitational
- LRO
- Shopping Centers
- Offices
- Inland Marine (contractors equipment, leased or rented equipment, misc)
View a more comprehensive list of our Property & Casualty binding authority available classes.
Exclusive Programs
Jencap administers 27 programs with a mix of admitted and non-admitted product offerings for all of your clients’ unique needs.
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