Commercial Umbrella Program
Want to enhance your underwriting flexibility?
Whether you're a small, medium, or large insurer, you can extend your customers’ liability coverages with the ISO Commercial Umbrella Program.
Go above and beyond for customers who need higher limits
Go above and beyond for customers who need higher limits
Designed for use over the ISO Commercial General Liability (CGL) and ISO Commercial Auto policies, the ISO Commercial Umbrella Program includes policy forms, endorsements, and rules. The program also works over the ISO Businessowners (BOP) program. The ISO Commercial Umbrella Program offers your customers:
- Excess coverage over the underlying policy's limits (for when a claim is for an amount greater than the underlying policy's limits)
- "Drop-down" coverage (for when prior claims have exhausted the underlying policy's limits)
- Broader coverage than that provided by the underlying policy (for coverage not provided by underlying policies)
Drive your commercial underwriting forward with:
Drive your commercial underwriting forward with:
- Standardized policy-contract language that comes from existing forms
- Updates in response to insurance case law, legislative, and regulatory changes
- Revisions in response to our filed CGL or commercial auto changes that affect the program
Expand your business, enjoy savings
If you don't have your own commercial umbrella forms and rules, you can expand your business with the ISO Commercial Umbrella Program. And if you already maintain your own forms for commercial umbrella, you can enjoy substantial savings by using our program.
A force multiplier for your insurance business
A force multiplier for your insurance business
Looking for best-in-class actuarial support? Need help implementing an ISO Insurance Policy Program? Want to launch new products or gain deeper insights into the competitive environment? Verisk's insurance consultants can help.
By harnessing our world-class actuaries, coverage experts, and unrivaled data and analytics, our team can help you address a range of strategic, actuarial, and product development challenges.
Complementary solutions
Additional insights
Pricing physical damage for commercial auto in an era of inflation
The rising cost of physical damage claims has auto insurers asking questions about premium adequacy.
Read the article
Do you have the right tools to assess the nonstandard auto market?
There’s a serious need for actuarial insights focused specifically on the highly competitive market of non-standard auto insurance.
Read the article
How one "mega drought" strains clean energy sources
Exploring the implications of the drought in the Western United States and its potential impact on the U.S. power grid.
Read the article