WTW's Differentiated Broking Solutions (DBS) brings together our deep industry and technical expertise and extensive market relationships with top property & casualty insurers to deliver industry-tailored insurance solutions.
The Retail & Distribution DBS is designed to create a sustainable, competitive solution in order to provide best-in-class terms, identify emerging risks and adjust offerings to coincide with the ever-changing marketplace.
Overview
The Retail & Distribution Industry DBS is designed to have a broad industry appetite with a primary emphasis on:
- Auto parts and dealers
- Paper goods, book and office supplies
- Apparel and accessories
- Department or sporting goods stores
- Hobby toy and gaming stores
- Grocery and food
- Fuel station with stores
- Furniture and furnishings
- Food and beverage manufacturing
DBS provides coverage for the core property & casualty lines of business:
- Business auto
- General liability
- Property
- Umbrella
- Workers’ compensation
Benefits
- Comprehensive pre-negotiated enhanced coverages
- Option to place coverage on a standalone basis, or in an expanded package/suite where appropriate
- Firm minimum service requirements
- Consistent, reliable program coverage
Coverage enhancements
DBS consistently delivers standardized elevated coverage to our clients. Below are just some of the many enriched coverages DBS provides.
- Extended notice of cancellation for all lines
- Per location aggregates included
- Unintentional errors and omissions and broadened notice of knowledge of occurrence included on all lines
- Enhanced CAT coverage for time element sublimits such as civil authority or ingress and egress
Increased property sub-limits:
- Minimum of $1M limit for contingent time element
- Minimum of $500,000 limit for electronic vandalism
- Minimum of $5M limit for newly acquired premises — Real property
Enhanced coverage endorsements including:
- Blanket additional insured and blanket waiver on casualty lines
- Minimum of $100 per disablement on towing and labor
- Employees as insured and employees hired autos
Carriers
- Chubb
- CNA
- Everest Re
- Liberty Mutual
- Travelers
- Zurich
Download PDF
| Title | File Type | File Size |
|---|---|---|
| Differentiated Broking Solutions- Retail & Distribution | .4 MB |
