The 2007 Numbers are in for National Contractors Insurance Company, Inc., A Risk Retention Group (NCIC)

June 4, 2008

  • Another Year of Solid Growth, With 2007 Premiums Increasing By 16.5% Over 2006
  • Strength and Security – Reinsured by AM Best Rated A- IX, 95:5 Quota Share After 1st $10,000 – Arguably One of the Strongest RRG’s in the Construction Market
  • Fabulous Customer Service, Including 24 Hour Turn Around on Quotes
  • Online Quick-Rater Launching June 15 2008

NCIC WRITES DIFFICULT CLASSES INCLUDING:
Roofers, Paper-GCs, Excavators, Fire Sprinkler Installers, Concrete Foundation Contractors and around 50 other classes of business.

ADVANTAGES OF NCIC:

  • Highly Competitive Pricing
  • Online Indication Program
  • Quotes within 24 hours
  • Web Based Risk Management System
  • Reinsurance Company – AM Best Rated (A-) IX, 95:5 Quota Share, in Excess of $10,000!

NCIC PROGRAM DETAILS:

  • States: Arizona, California, Colorado, Florida, Illinois, Nevada, New Mexico, New York, Texas, Utah, and Washington, DC
  • Manuscript Occurrence & Optional 2 Year Sunset (Most States)
  • Limits: $500K/$1M, $1M/$1M, $1M/$2M
  • S.I.R.: $1,000 to $10,000
  • Rating Basis – Estimated Gross Receipts
  • Minimum Premium – GC’s & Roofers $3,000, Artisans Classes $1,500
  • New Ventures welcome
  • Defense is outside Limits
  • Blanket (AI) Issued with Each Policy
  • Primary Wording and Waiver of Subrogation (available)
  • Additional Information Available Online at www.4ncic.com or www.cmgia.com

For more information:
Pascal Burke, National Sales Manager
Contractor Managing General Insurance Agency, Inc.
Cell: 949-285-1249 * Fax: 815-425-8967
Email: pascal@cmgia.com
Tel: 866-774-2247 x207

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