— Martin Burlingame, Contract Binding Practice Leader, One80 Intermediaries
The team at One80 offers extensive solutions and expertise for habitational risks throughout the country. From apartments and condos to hotels and rental dwellings we have deep market relationships in both the US and UK to provide your clients with the most comprehensive protection from a wide variety of potential losses.
In my view, the habitational insurance market has significantly hardened in the past 12 months. Rates across the country have taken double digit increases and carriers have restricted their appetites. At One80 we have over 13,000 agents on our online portal, and through this broker base we are seeing a massive uptick in this class of business.
For the business that can’t be placed through our online portal, we can either bind in-house or work with our wholesale brokerage team to place the various lines of coverage. In the casualty space, we have extensive habitational capacity, with an extremely broad appetite. This applies to both the primary GL and Excess lines and we represent the key carriers in the market at this time.
Our property team is extremely competitive; they can write in all 50 states including Alaska, Hawaii, Texas, Florida or the 5 Boroughs. We have no TIV, Fire Break Distances, or wind capacity restrictions and can write Barrier Island.
We view this as an area of significant growth opportunity given our market relationships and bench strength across the team. One80 Intermediaries, a new direction in specialty insurance.