General Property – Online Quoting Platform

Online Property Underwriting Program:

Novus provides an unparalleled platform providing $10 million per risk and provides a single transaction solution to meet the coverage needs of your middle-market commercial property risks. The property program is through non-admitted A.M. Best A rated carriers.

Target Risks:

  • Office
  • Habitational risks (condo)
  • Hotels & Motels
  • Retail/Lessor’s Risk
  • Municipalities
  • Educational
  • Light Manufacturing
  • Restaurants
  • Health clubs
  • Educational
  • Hospitals
  • Warehouses

Geographical Specialty: Nationwide (including Tier 1 and Tier 2 CAT wind zones)

Target TIV: Up to 10M*

*Novus National Accounts Team handles general property risks with TIV more than $10M facultativly. Risks in excess of $50M will be placed open market on a quota share basis and can be uploaded through the online platform or submitted to

Maximum Account Limit: Up to $10M per Risk Full Limit

Minimum Deductible: AOP $2,500; Wind/Hail deductible depends on miles to nearest body of water and state.

Submission Process: Via online platform. Accords or Statement of Values, Loss Runs, Target Premiums/Deductibles to be uploaded to Novus online platform or can be submitted directly to submissions@novusunderwriters