Sutherland Policy Management Portal
Daniel Reyes
Morgan & Hayes Risk Partners - Atlas Holdings Inc. - Mixed Used Commercial
1 of 4
Historical Quotes
Sent to Client
Version One
Sent to Client
Sept 10, 2025
Q
Policy QuotesPrepared by: Insurance Company
Broker: Morgan & Hayes Risk Partners
Date: September 10, 2025
1. Account Overview
Named Insured: Atlas Holdings Inc.
Portfolio Type: Mixed-use commercial properties (office, retail, light industrial)
Location: Northern and Central New Jersey
Total Insured Value (TIV): USD 50,000,000
Number of Locations: 12
This submission was received from Morgan & Hayes Risk Partners seeking Sutherland's participation on a non-admitted basis for a large mixed-use commercial portfolio. The account demonstrates stable ownership, favorable loss history (no paid losses in five years), and compliance with Sutherland's E&S underwriting appetite.
2. Coverage & Terms Summary
| Coverage | Limit | Deductible | Basis |
|---|---|---|---|
| All Risk, incl. Fire and EC | $50,000,000 TIV (per occurrence) | $25,000 all other perils | Replacement Cost |
| Windstorm, Hail | Included | 5% of TIV per location (where applicable) | Subject to terms & conditions |
| Flood | Excluded (no locations in SFHA) | — | — |
| Earthquake | Excluded | — | — |
| Boiler & Machinery | Included | $10,000 | Replacement Cost |
Form: Sutherland Proprietary Property Form (SUTH-PROP-2024)
Policy Type: Non-admitted (E&S)
Effective Dates: 10/01/2025 – 10/01/2026
3. Underwriting Summary
- Construction: Predominantly non-combustible / masonry (ISO class 4)
- Occupancy: Mixed-use (office, retail, light industrial)
- Year Built Range: 1985–2019
- Protection: Sprinklered, central station alarms
- Loss Runs: Clean (5 years)
- Flood Zone: Non-SFHA
- Aggregation: Within Sutherland tolerance
4. Pricing Summary
Rate Applied: $0.22 per $100 of TIV
Annual Premium: $110,000
Minimum Premium: $75,000
Taxes & Fees: As applicable under NJ surplus lines regulations
5. Underwriting Notes
- Account fits within Sutherland Property Guideline §1: Risk Appetite ("High-value commercial properties >$10M TIV per location").
- Construction and occupancy acceptable under §1 ("Office buildings, mixed commercial properties").
- Quote issued under junior underwriter authority (<$25M TIV per location).
- No referral triggers present under §6 (no coastal exposure, no flood risk, no large habitational occupancy).
6. Subjectivities
- Binding subject to final confirmation of SOV values and broker compliance documents.
- No coastal or hospitality exposures to be added without Sutherland referral.
Emails
Initial Quote Request
Sarah Donnelly
2d ago
Loss Run Follow-up
Sarah Donnelly
3d ago
Sarah Donnelly
Open
A
Actions: Review ChangesClick to open email