Spring Means Building Season at BIS…

Seeking Innovative Coverage Solutions for your Home Builders?

Remember to check our Reference Material library for our latest marketing material, product changes, sample forms, etc.  We have new documents including a highlight sheet of our new Builder’s Value Protection Program (BVPP) for your builders wanting to offer builder-backed warranty protection to their home buyers while benefiting from premium savings.

Appetite Continues to Broaden…

While our maximum annual sales threshold for new home builders remains at $25M, we have increased our sales cap on all other classes to $10M!  We will consider even larger thresholds for the right account…

Audit Process Made Easier

Last year we switched to a simple mail audit format, making the questionnaire and a FAQ available online, which have been well received.  This year we have enhanced the “estimated audit” process (for those policyholders that do not comply).  After sending multiple audit requests followed by a conditional non-renewal if there is non-compliance, estimated audits are now only billed if the current term policy does not renew (makes for fewer revised audits). 

Because we are collecting mail audits, we no longer found it necessary to include our optional renewal questionnaire with our renewal offers sent to the insured, which has further streamlined the process. 

We would love to help if you have audit questions-


BIS Expansion- Now in 15 States!  (AZ, CA, CO, ID, IL, MI, MN, MT, NV, OR, TX, UT, WA, WI, WY)

BISbuilder is now ready to offer admitted quotes in 15 states, still with no taxes or fees.  Our 10 newest states (CO, ID, IL, MI, MN, MT, TX, UT, WI, WY) are offered with no C&P or Manifestation coverage triggers, and no water intrusion sub-limits.  To help you keep track of all the new state options, please find our new Product Guide in our Reference Material library.  Please also forward your agency licenses for any of the new states you would like to work with us in. 

Solar Panel Installers- Now Eligible

We have added Solar Panel Installers (99080) as a new class.  We are targeting installers working on <4 story structures (no roofers, panel manufacturing, solar farms, or retail).  This class includes a $25K sub-limit for water intrusion (some risks eligible for $50K) and an Action Over exclusion; panel cleaners are eligible.

Project Specific Policies (PSPs) Available

In addition to our Practice Policies, PSPs have become more in demand.  We have responded by offering PSPs with up to 3-year completion terms, issued on one policy with completed ops coverage through repose.  How simple is that?

We All Love Shorter Applications

OK, for our GC classes, we recently improved and added a few questions to our online application with the goal of efficiency and eliminating some of the follow-up questions on submissions.  Trade class questions have been streamlined and shortened to be class specific, answerable with just a few key strokes. 

We all want time to enjoy spring and work on more new business

…and BIS is Ready to Help!

Expanded Service. Competitive Rates. Product Innovation. The Future.
These have been the areas of focus for BIS this year.  We want to take a moment to summarize some of the deliverables so far in 2017

We improved the Rates:

  • -14.1% in CA (starting 10-1-16)
  • -6.6% in WA (starting 6-15-17)

Of course these are just average statewide premium decreases.  Targeted classes/exposures are enjoying even larger decreases

New Services:

  • No more logging-on-  We now attach policy documents as pdfs to our email alerts
  • We’ll bill your Broker Fee- Just add the amount to your new and renewal quotes and let our wide array of direct bill options handle the collections.  With just $5/installment and no credit card fees, you can’t beat it  
  • New CA Renewal Option- Automatic Renewal- No Premium.  If elected, the renewal offer to Policyholders will be silent on premium/fees unless the increase is >25%.  Gives you more flexibility to make changes prior to the renewal date (including your broker fee).  Ready to switch?
  • Automatic Notices in OR & WA- CCB or L&I automatically receive notice whenever a cancellation or reinstatement endorsement is processed

ID0046 - Hotel/Motel now considered “residential” along with apartments, condominiums, townhomes, dormitories, retirement and assisted living facilities

ID0032 - Exclusion for Construction of New Residence- This is an optional endorsement for residential remodelers that includes a 15% credit.  It now defines new construction as original construction or remodel where the residence has been taken down to the foundation or 60%+ of the sq ft of the exterior walls demolished or added   

$50 License Bond Credit- Now applies if the Contractors License Bond is placed with any AmTrust carrier including Developers Surety & Indemnity Company (DSI), Indemnity Company of California, CorePointe Insurance Company, or Wesco Insurance Company

BIS Wholesale:

  • Auto and Work Comp products- We are again offering access to these AmTrust lines to round out our Small Contractor Program.  Please just let us know if you would like your quotes to include these lines  

New Look & Feel:

We Rebranded- You might have noticed our new color scheme and logo launched at the end of June along with updates made to our website and all of our documents.  In addition to new look and feel, we improved our Product Guides, Billing Invoices, Audit Questionnaires and optional Renewal Questionnaire.  

We also added additional resources to, including:

  • Audit FAQ-  Addresses common Producer and Policyholder questions about policy audits. Our blank Audit Questionnaire is also now available  
  • New Account Review FAQ- Geared toward making Policyholders comfortable with our new business survey process and what to expect
  • New BIS Wholesale Appetite Guides and Applications 
  • Completed Ops Additional Insured Request Form- helps capture the details upfront!
Coming Soon:

We’re still busy working on a number of offerings that we would like to offer before year end:
  • New application- We think there is room for improvement
  • New website- We know there is room for improvement
  • New states- 9 more coming
  • Excess Product- With limits up to $5M
  • Solar Panel Installers- Soon to be a new eligible class
We are working hard at BIS to grow, innovate, improve, and set the stage for the future. 
Please let us know what we can do to strengthen our partnerships and help you grow your business in 2017.