SSRU

MEANINGFUL CAPACITY WITH

IN-HOUSE AUTHORITY

The Condominium property market has recently experienced a severe contraction in available capacity, often requiring more than one carrier to share in the risk.

SSRU offers a residential condominium program across Canada in all jurisdictions (excluding Quebec).

Non-lead Quota-share Capacity limits of up to CAD 15M.

Premiums start at $7,500, net of commission

Minimum deductibles: $10,000 PD $50,000 Flood / Sewer Backup / Water Damage Earthquake 5% / $100,000

Bespoke treaty with a Canadian domiciled Reinsurance panel led by an A-rated Canadian owned insurer

For residential condos with TIV of CAD 5M or greater

SSRU maximum line 50% of TIV

Incidental commercial occupancy is acceptable

Minimum 50% owner occupancy

Claims

All Claims handled directly through our insurer.