Atlas’ Property Division focuses on Commercial Property and “Difference in Conditions” (DIC), including earthquake and incidental flood coverage. Atlas concentrates on DIC/earthquake and flood coverage for commercial property risks that are largely comprised of apartments, condominiums, shopping centers, retail/wholesale, office buildings, manufacturing and various industrial occupancies.

This business is produced through wholesale excess and surplus lines brokers and written on a non-admitted basis. The Property Division has the capacity to write business in all 50 states. This division has a primary focus in California and the Pacific Northwest of Washington and Oregon. The division also focuses on the Great Basin area of Utah, Nevada, as well as the New Madrid region comprised of Arkansas, Illinois, Indiana, Kentucky, Missouri, Ohio, and Tennessee. Capacity for both divisions is through several A.M. Best rated A+ XV (Superior) carriers and multiple Lloyd’s of London facilities.

AOP Property

  • TIV up to $150,000,000
  • All risk including flood and earthquake
  • Equipment Breakdown
  • Minimum premiums starting at $10,000
  • Deductibles starting at $5,000
  • Available in all 50 states

  • $10,000,000 limit
  • Non-Critical flood $2,500,000 limit
  • Critical earthquake up to $10,000,000 limit
  • Primary and full-limit

  • Assisted Living Communities
  • Retail
  • Habitational
  • Hotels/Motels
  • Offices

  • Managed programs
  • Exclusive partnership with an ‘A’ (Excellent) A.M. Best rated carrier
  • Proprietary rating
  • In-house underwriting authority

DIC Property

  • Difference in Conditions including earthquake, EQSL and flood (flood excluded in flood zones A & V)
  • Earth movement available in an Excess position

Available limits

  • $56,000,000 Primary
  • $27,500,000 Excess

Minimum premiums

  • $5,000
  • 25% minimum earned premium applies

Maximum TIV – $500,000,000
$5M in capacity is available with no TIV cap
We have $5,000,000 capacity available in all 50 states

California

  • Tilt-up built after 1974 (will consider older with retrofit documentation)
  • All other construction: after 1950 (will consider older with retrofit documentation)

All Other States

  • Tilt-up built after 1974 (will consider older with retrofit documentation)
  • All other construction: after 1960 (will consider with update/retrofitting documentation)
  • 25% minimum earned premium applies

  • 5% Earthquake (2% Available outside of Cresta Zones A & B)
  • $50,000 Flood
  • $25,000 All Other Perils

  • Cannabis Industry
  • Chemical manufacturers
  • Gas and electric utilities
  • Historical buildings
  • Hospitals built before 1995
  • Large municipalities
  • Oil and petrochemical risk
  • Pharmaceutical manufacturers
  • Unreinforced masonry or brick buildings (without evidence of retrofitting)
  • Wind/solar farms

Resources

Contacts

  • General Inquiry:

Leadership Team

Executive Vice President of Property

Joe Ross

Phone:858.875.4839

Email:

Vice President of Property

Mike Everett

Phone:858.529.6769

Email:

Associate Underwriter

Scott Subak

Phone:858.875.4810

Email: