Risksmith Unveils Innovative DIC Earthquake Insurance Program

Risksmith Insurance Services, a specialty managing general underwriter, has announced the launch of its innovative difference in conditions (DIC) earthquake insurance program. This new offering is designed specifically for large, complex, and true excess & surplus property exposures, providing a unique solution for risks that are often overlooked by many markets.

The DIC earthquake insurance program is tailored for properties that present significant challenges, such as older buildings, high liquefaction areas, and tuck-under parking structures. With a focus on flexibility, deep technical expertise, and a robust underwriting appetite, Risksmith aims to meet the needs of brokers and insureds in high-risk earthquake zones.

This program offers access to high limits with no total insured value (TIV) maximum, along with flexible structure options. Coverage can be arranged as primary, quota share, or excess placements, making it suitable for a diverse range of commercial property risks across major earthquake-prone areas, including California, the Pacific Northwest, New Madrid, and all other U.S. states.

Risksmith’s DIC Earthquake program empowers brokers and insureds to customize their coverage to fit specific needs. Key features of the program include:

• Coverage for earthquake, earth movement, and earthquake sprinkler leakage
• Flexibility in carrier or manuscript earthquake definition
• High limits available up to $25 million
• Large-risk capacity with no maximum TIV

Topics
Catastrophe
Natural Disasters
New Markets

Risksmith Insurance Services, a specialty managing general underwriter, has announced the launch of its innovative difference in conditions (DIC) earthquake insurance program. This new offering is designed specifically for large, complex, and true excess & surplus property exposures, providing a unique solution for risks that are often overlooked by many markets.

The DIC earthquake insurance program is tailored for properties that present significant challenges, such as older buildings, high liquefaction areas, and tuck-under parking structures. With a focus on flexibility, deep technical expertise, and a robust underwriting appetite, Risksmith aims to meet the needs of brokers and insureds in high-risk earthquake zones.

This program offers access to high limits with no total insured value (TIV) maximum, along with flexible structure options. Coverage can be arranged as primary, quota share, or excess placements, making it suitable for a diverse range of commercial property risks across major earthquake-prone areas, including California, the Pacific Northwest, New Madrid, and all other U.S. states.

Risksmith’s DIC Earthquake program empowers brokers and insureds to customize their coverage to fit specific needs. Key features of the program include:

• Coverage for earthquake, earth movement, and earthquake sprinkler leakage
• Flexibility in carrier or manuscript earthquake definition
• High limits available up to $25 million
• Large-risk capacity with no maximum TIV

Topics
Catastrophe
Natural Disasters
New Markets