Case Study: Tapani secures a $36M builder’s risk placement with Shepherd

Tapani secures a $36M Builder’s Risk placement with Shepherd in less than a day

Tapani, a Washington-based civil contractor, faced a challenge when a new $36M transit infrastructure project did not fit the parameters of its existing Master Builder's Risk program. The contractor needed a standalone, project-specific placement from a single carrier that could underwrite the unique civil and site work. Their broker, IMA, brought this challenge to Shepherd, which had recently launched a dedicated Builder's Risk unit.

Shepherd provided a well-structured and tailored proposal for the project in less than a day. Their responsive team delivered a high-quality insurance solution with a competitive price, enabling Tapani's internal risk team to review and approve it smoothly. As a result, Tapani successfully placed the project-specific policy without compromising its master program, and Shepherd confirmed its capability to handle complex civil projects.

Tapani