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Underwriting guidelines

  • Lines of coverage: Workers’ Compensation until Bistro has $5MM in Gross Written Premium then we will offer GL, Property, and Auto coverages
  • Target business: Restaurant Operators including Multi-Unit Franchisee, Franchisor, Independent Operator/Owner, Fine Dining, Fast Casual, QSR, and Casual Dining
  • $200,000 minimum premium, target premium of $200,000 to $3MM
  • Historical Loss Ratio of less than 45% for past 3-5 years
  • Liquors sales of 50% or less of total sales (dependent on state jurisdiction)

  • Minimal entertainment, less than 10% (Dance clubs, Live Entertainment, Establishments with bouncers, Bars and Taverns are excluded)
  • Excellent risk management program
  • Must pass carrier financial assessment, financials are required to quote
  • Meet approved program standards for safety and quality
  • 10% or less in deliveries (this excludes third party delivery sales/service)
  • We provide market competitive rates for Workers’ Compensation
  • NEWLY ADDED: Hotels and Motels