Account Wins

Posted on January 21, 2021

Aspera’s Account Wins

You’ve seen our appetite. We’ve shared our stories. You’ve read testimonials.
Now you can stay up to date each month on our recent wins.

February 2021

During the month of February, Aspera received 43% more submissions than previous February and increased NWP by 282%!

We delivered agents a quote for 65% of the applications we received in February, and responded within 2 days 70% of the time.

Some of our notable account wins include:

  • Skilled nursing home and assisted living facility in Florida. Agent contacted Aspera in November after the agent learned the current carrier would non-renew the account.
    Number of beds: 225+
    $350,000 premium
  • Roofing contractor in Florida with poor loss history. Aspera worked with agent to find the best deductible/premium combination to fit the insured.
    Sales of $750,000
    $14,000 premium
  • New residential roofing contractor seeking both General and Excess Liability coverage.
    Sales of $2,600,000
    $47,000 combined premium (General Liability and Excess Liability)

January 2021

During the month of January, Aspera received 45.4% more quotes than previous January and increased NWP by 87%.

We delivered agents a quote for 68% of the applications we received in January, and responded within 2 days hours 59% of the time.

Some of our notable account wins include:

  • Agent needed $5,000,000 Excess Liability policy for a manufacturer and distributor of electronic cigarettes, vaporizers, e-juice, and related accessories product. The current GL policy is with a different carrier.
    Sales of $75,000,000+
    $125,000 premium (5-month term)
  • Commercial stucco and masonry contractor in Texas. GL policy with $5,000 medical payment endorsement and $2,000,000 Excess limits.
    Gross sales of $3,400,000
    $55,000 total premiums
  • Single location restaurant seeking commercial property policy. Building coverage, building and personal property, and bodily injury.
    $2,800 premium
  • Armed and unarmed security services located in Florida. Markets unwilling to offer coverage due to company’s unique clientele.
    Projected sales of $320,000
    $13,500 premium (General Liability and Excess Liability)

December 2020

Throughout 2020, Aspera provided a quote to 92% of the applications we received, and responded with a quote within 2 days 74% of the time. Our annual DWP increased 20% over 2019.

During the month of December, Aspera received 33% more commercial applications than we received in December 2019 and increased NWP by 137%.

Aspera provided a quote for 80% of the applications we received in December, and responded with a quote within 2 days 47% of the time.

Some of our notable account wins include:

  • Drywall and plastering contractor located in Southwest with one large loss in its claims history
    Expected sales of $3,000,000
    $28,660 premium (GL and Excess)
  • Mobile health spa located in Southwest. This business is a new venture
    Expected sales of $15,000
    $3,500 premium
  • Excavation, pipe installation, and sidewalk contractor located in Midwest. Company looking for Excess over existing Aspera GL
    $7,500 premium

November 2020

During the month of November, Aspera received 8.5% more commercial applications than we received in November 2019.

Aspera provided a quote for 96% of the applications we received in November, and responded with a quote within 2 days 68% of the time.

Some of our notable account wins include:

  • Manufacturer of textiles and non-medical ecofriendly washable PPE masks. We had been working on this account since April; the policyholder was unsure of what products they wanted to cover and terms needed.
    Expected sales of $2,000,000
    $6,000 premium
  • Residential and commercial roofing contractor in Florida. No new residential construction nor COA exposure. We helped the agent win back a lost client
    Expected sales of $1,000,000 plus subcontracted work of $300,000
    $18,500 premium
  • Importer/distributor of PPE gowns. This business is a new venture
    Expected sales of $5,000,000.
    $12,000 premium

October 2020

During the month of October, Aspera received 14% more commercial applications than we received in October 2019.

Aspera provided a quote for 95% of the applications we received in October, and responded with a quote within 2 days 80% of the time.

Some of our notable account wins include:

  • Mobile Healthcare Service Company located in Florida
    Expected sales of $415,000
    $15,000 premium
  • Welding contractor for the Oil & Gas Industry
    Expected sales of $40,000; $17,000 payroll
    $1,500 premium
  • Residential roofing contractor in Florida. This business is a new venture.
    New residential; no COA work.
    $9,260 premium

September 2020

During the month of September, Aspera received 21% more commercial applications than we received in September 2019. Net written premium increased by 180% YoY.

Aspera provided a quote for 98% of the applications we received in September, and responded with a quote within 2 days 87% of the time.

Some of our notable account wins include:

  • Construction management firm with crane rental operations Florida. All work is new residential and self-performed, no subs.
    Expected sales of $430,000
    $14,190 premium
  • Residential carpentry, concrete, & dry wall contractor performing new residential work for single family homes.
    Expected sales of $2,580,000
    $34,607 premium
  • Online University
    $4,000 premium