NNB Launches Additional Capacity in Its Petroleum Distribution Excess Program

Northeast National Brokerage (NNB), an ISC company, has been providing petroleum distributors with A rated Excess Liability insurance with limits of up to $5 million through our in-house Binding Authority Agreement underwritten by certain underwriters at Lloyd’s since 2014. We have recently increased our capacity within our program with another $5 million available through Sutton National Group. You now have up to $10 million in Excess coverage available in our Petroleum Distribution Excess program.

Placing Additional Excess Limits Is Easy

The additional capacity is written on Sutton Specialty Insurance Company paper and sits in excess of the Lloyd’s limit. Because the additional capacity is designed to work in tandem with our Lloyd’s Agreement, the entire process to secure higher limits is streamlined. The same submission application for the Lloyd’s Agreement is used to write the additional limits with Sutton Specialty. We follow the same underwriting guidelines and can deliver a quote for the additional limits without an additional application or inquiries.

Our risk appetite includes gasoline, propane, diesel, heating oil, C-stores, marine fuel, aviation fuel, lubricants, bulk plans, crude/water hauling, and haul-for-hire.  Coverage is available nationwide except in AK and HI. Key coverages include follow-form provisions for pollution, misdelivery, and failure to supply. MCS-90, Form E and BMC-91X filings are done in-house as needed.

For more information about our program, please visit: https://www.iscmga.com/exclusive-programs/excess-liability/petroleum-distribution-excess-liability/.

Please send submissions to: petroleumexcesssubmissions@northeastnational.com