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American Safety Insurance enters E&S property market

American Safety Insurance Services announced its entrance into the surplus-lines property market, offering both monoline property and commercial multiperil coverage. Targeted classes of business include habitational risks, mercantile/shopping centers, builders risk, vacant commercial property and

light manufacturers.

The CMP product can include property, inland marine, general liability and crime coverages. Policies are written on standard ISO forms on paper rated A-VIII by A.M. Best. Premiums begin at $10,000 for package policies and $5,000 for monoline property. Limits up to $15 million are available. Coverage is available in most states on a nonadmitted basis and on an admitted basis in New York and New Jersey.

For more information, call (800) 388-3647 or visit www.amsafety.com.