SPECIALTY GENERAL CONTRACTORS PROGRAM
EXCLUSIVE PROGRAM FOR COMMERCIAL PAPER GCs
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
Applications:
Program underwritten by AM Best A-(IX) carrier
New York labor law coverage included
1/2/2, 2/4/4 and $4M excess limits available
Lead Excess
Limits available
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
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