Subcontractor Default Insurance

Overview

Arch’s SDI Program is focused on commercial general contractors that have effectively implemented processes to consistently and comprehensively qualify their subcontractors’ ability to perform work from both an operational and financial capacity.

Arch Subcontractor Default Insurance Benefits

• Deep knowledge of product specifics and market trends.
• Programs tailored to fit each customer’s individual business needs.
• Flat organizational structure.
• Reasonable and flexible underwriting approach.

Construction Team Values

• We work in a collaborative environment.
• We hold teamwork as a guiding practice.
• We work to establish long lasting relationships.
• We actively listen to others.
• We are known for our integrity.
• We are candid beyond expectations.
• We are accountable for our actions, decisions and commitments.
• We are innovative in our approach.
• We are open to any discussion.

Corporate Contacts

Our Brand Promise

Pursuing Better Together encapsulates how we do business at Arch Insurance. It is an approach that is based on collaboration, responsiveness and a genuine commitment to continually raising the bar.

Eligibility

• Enrollment of at least $100M annually.
• Minimum deductible $750K.
• U.S. based builders.

Features

• Limits up to: $30M/$60M.
• Covers up to 4x subcontract amount vs 1x in the case of a surety bond.
• Automatic additional 10% of covered direct costs for indirect costs.
• Extended reporting tail of up to 10 years.
• Waiver of copayment obligations if default is reported within five days.
• Ability to offer financial interest endorsements to satisfy owner/lender requirements.

Service Delivery

• Experienced claims handling through Guardian Group.
• Risk mitigation strategies, industry trends and QA/QC best practices.

Distribution

• Specialized retail agents and brokers.