Program
REIT programs
Property, GL and umbrella towers built for Canadian Real Estate Investment Trusts and large institutional landlords. Coordinated renewals, portfolio loss analytics and one underwriting team across the schedule.
- TIV up to $750M on a single schedule
- GL and umbrella towers up to $50M
- Coast to coast, including Quebec
- One renewal date, one broker contact
What we cover
- All risk commercial property on multi-location schedules
- Equipment breakdown and machinery
- Rental income and business interruption
- Commercial general liability
- Umbrella and excess liability towers
- Crime and fidelity
- Tenant discrimination and habitational liability extensions
Who we serve
- Public and private REITs with Canadian portfolios
- Pension funds and institutional asset managers
- Property managers running a REIT-style schedule
- Joint ventures and co-ownership structures
- Multi-residential, retail, industrial and mixed use
- Brokers consolidating fragmented schedules into one master
Eligibility
Use these guideposts before you submit. Edge cases are welcome, send the file and we will tell you within 48 hours whether we can quote.
Within appetite
- Stabilized residential, retail, office, industrial and mixed use
- Schedules with 10+ locations or TIV above $50M
- Sprinklered construction with current cost values
- Active loss control and capital reinvestment program
- Acceptable five year loss ratio (typically under 60%)
Out of appetite
- Single asset placements under $10M TIV
- Vacant or abandoned buildings as the primary exposure
- Frame habitational with no sprinklers in wildfire zones
- Portfolios in active receivership or distressed sale
- Owner-managed schedules with no engineering or COPE data
Capacity at a glance
Indicative only. Final terms are subject to underwriting and insurer principal sign off.
- Property TIV per schedule
- Up to $750M
- GL primary capacity
- Up to $25M
- Umbrella and excess
- Towers to $50M
- Deductibles
- From $25K, AOP
- Quote turnaround
- Within 5 business days of clean SOV
Broker submission
Four steps from clean submission to bound policy.
- 1
Submit clean SOV and loss runs
Send a current statement of values and 5 years of loss runs valued within 60 days. We confirm appetite within 48 hours.
- 2
Underwriting review
A REIT underwriter is assigned to the file and works with you on COPE, valuation, occupancy and engineering questions.
- 3
Indication then firm quote
We share a non-binding indication, then issue firm terms once outstanding information is in.
- 4
Bind and onboard
We bind, issue policy documents and certificates, and align future renewal data calls to your portfolio cycle.
Include in your submission
- Statement of values with COPE
- Five year loss runs (insurer reports preferred)
- Schedule of locations with addresses and occupancy
- Engineering or appraisal reports if available
- Existing policy wording and current premium
- Acquisition or disposition pipeline (12 months)
Broker FAQ
Do you write single asset placements?
Generally no. We focus on schedules of 10 or more locations or TIV above $50M so the portfolio analytics actually pay off for the broker.
Can you coordinate with our existing umbrella market?
Yes. We can sit primary or excess in an existing tower and we are comfortable working alongside other markets.
Do you offer mid-term changes for acquisitions?
Yes. We pre-agree acquisition clauses so new locations are picked up automatically up to a defined threshold.
Ready to put a file in front of underwriting?
Send a clean submission and we will respond within 48 hours.