Excess Flood
THB North America
Specialist facilities placed through Lloyd's of London, offering 'Lending Institutions' All Risks Coverage for their Mortgage and Repossessed Property Portfolios.The object of these facilities is to protect the interests of Lending Institutions that are engaged in the granting of mortgages secured by Real Property both Residential and Commercial. Coverage is available to any institution including Commercial Banks, Savings Banks, Savings and Loans, Credit Unions, Mortgage Bankers, Life Companies etc.
The facilities are fully flexible allowing us to offer bespoke policies individually tailored to suit the particular needs of the lending institution.
Excess Flood:
- Facility Limits of USD15,000,000 but USD 30,000,000 on a scheduled basis
- In-house Authority (24 hour turnaround)
- Commercial, Residential, Condominiums, Builders Risk
- V zones, Non-Participating Communities, Cobra Zones
- Special Facility for Condominiums qualifying for NFIP's RCBAP Program with an available Limit of USD20,000,000
- Contents and Business Income available
- Simple application
- Additional limits available in the Open Market
| Excess Flood |
Tony Driver Steve Gutteridge Simon Irving |
T: +44 (0)20 7469 0131 E: tdriver@thbgroup.com T: +44 (0)20 7469 6802 E: sgutteridge@thbgroup.com T: +44 (0)20 7469 0115 E: sirving@thbgroup.com |
