SPECIALTY GENERAL CONTRACTORS PROGRAM

EXCLUSIVE PROGRAM FOR COMMERCIAL PAPER GCs

Jencap's SCGC Program

Qualification Requirements

Specialty General Contractors is an industry-leading program through Jencap for commercial paper GCs. The exclusive program is intended for best-in-class qualified paper GC contractors performing commercial new ground up construction and commercial remodeling. GCs must subcontract at least 85% of their work.

Targeted Work

Small to Mid-Sized:

  • Retail Stores
  • Hotel/Motels
  • Restaurants
  • Schools
  • Offices
  • Warehouses
  • Entertainment
  • Health/Wellness Personal Care Services
  • Mixed Use with Apartments
  • Small Condominiums
  • Multi-Family

Submission Requirements:

  • Acord 125, 126 & 131 Applications
  • SGC Program Application
  • 5 Years Currently Valued Loss Runs
  • 2 Recently Executed Subcontractor Agreements
  • 2 Acceptable Subcontractor COIs
  • Detailed Work on Hand

Premium Requirements:

  • $30K MP—NYC 5 Boroughs
  • $17.5K MP—NY State Excluding NYC 5 Boroughs
  • $7.5K MP—Outside NY State
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Program underwritten by AM Best A-(IX) carrier

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New York labor law coverage included

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1/2/2, 2/4/4 and $4M excess limits available

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“Soft Hammer Deductible” available
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Lead Excess
Limits available

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Both project-specific and practice policies offered
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Ability to write risks under $50,000 in NY

For additional information, please contact:

Tom Murphy, RPLU, ASLI Executive Vice President
Phone: (732) 292-7325 | Mobile: (732) 267-6138
tom.murphy@jencapgroup.com

Justine Cataneo, Associate Underwriter
Phone: (732) 402-0728
justine.cataneo@jencapgroup.com