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Medical Diagnostic Equipment Mfg. - CA

Posted: Tue May 15, 2012 12:00 pm
by InsureTime
Hello,

Does anyone have an admitted market for a company which manufactures medical dishes and tubes (were cultures are grown).

5 years with no losses with Travelers.
8,000 annual premium
GL limits are 1/2/2
Building $950k RC
4.8 million annual sales
Products are manufactured my applicant

Please email me: sarkis@calcocommercialinsurance.com or call 818 906-7900

Re: Medical Diagnostic Equipment Mfg. - CA

Posted: Tue May 15, 2012 12:20 pm
by LadyBroker
Is Travelers getting off the risk, or are you trying to compete with them?

Re: Medical Diagnostic Equipment Mfg. - CA

Posted: Tue May 15, 2012 1:02 pm
by InsureTime
LadyBroker wrote:Is Travelers getting off the risk, or are you trying to compete with them?
They are not. The client is looking for a better rate.

Re: Medical Diagnostic Equipment Mfg. - CA

Posted: Tue May 15, 2012 4:34 pm
by LadyBroker
It's less than a $2 rate for the GL, maybe a $0.15 rate on the property? Maybe try your preferred carriers (Allied, CNA, etc). I think they are getting a pretty good deal now, though. :-)