Vikco Builder’s Risk, a division of Vikco Insurance Services and backed by K2 Insurance Services, has launched a Managing General Agent (MGA) specialising in excess and surplus lines Builder’s Risk Insurance.
This innovative program combines industry-leading underwriting expertise and strategic partnerships to provide tailored coverage solutions for the construction sector.
The new offering, developed in collaboration with TruStage and Lloyd’s, delivers robust coverage options, including capacity of up to $20m for all construction types.
Critical CAT coverage—such as Tier 1 Named Windstorm, California Earthquake, and Special Flood Hazard Areas—is available with limits ranging from $5m to $10m.
Policies are issued on non-admitted paper rated A- (Excellent) or better by AM Best, targeting projects from under $1m to over $100m, including ground-up new construction, prior starts, four-wall projects, and utility and infrastructure developments.
“We’re thrilled to launch Vikco Builder’s Risk in partnership with such great industry leaders,” said Kaileigh Bowe, Executive Vice President of Vikco Insurance Services. “This program reflects our commitment to delivering the underwriting excellence, customer-focused solutions, and long-term stability that define Vikco and K2 in the US construction market.”
“TruStage™ Specialty Commercial Programs are designed to help niche markets and businesses protect what matters most,” said Stafford Chisholm, Vice President of P&C Programs at TruStage Specialty Insurance Company. “We are proud to partner with Vikco and K2 Insurance Services, whose deep expertise in Builder’s Risk underwriting makes them an ideal partner for the construction industry. This collaboration aligns perfectly with our commitment to expanding our Program Business portfolio and delivering long-term value to our clients.”
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