Article

Gated Whitepaper: Excess Auto Liability Coverage

5/2/2025

Excess Auto Challenges

A Canadian based transportation service turned to Captives Insure (“C.I.”) for an alternative means of procuring their Excess Auto Liability Coverage. Looking for a solution to retain risk and premium in part of their excess tower, this insured turned to C.I. to procure $5m xs $5m auto liability coverage.

Excess Commercial Auto Liability Solution

Working with their insurance broker, C.I. underwrote the policies according to the unique facts and circumstances surrounding the insured’s portfolio and operations. Via EmpoweredRE, the insured’s broker was able to provide an insurance solution for the insured’s excess auto liability coverage while still meeting insurance requirements within their lending agreements.

Case details

  • C.I. provided an excess auto policy limit of $5m xs $5m
  • Policies issued on A+ AM Best, XV admitted paper with lender accepted deductibles
  • Captive retained $800k gross written premium
  • Transaction took approximately 60 days to implement
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