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TRU Secures $100 Million of Wood Frame Builder’s Risk Capacity

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Topics: Construction

This newly secured wood frame capacity is offered in addition to TRU’s $150 million of construction builder’s risk capacity and $100 million of critical flood, earthquake and / or named windstorm capacity...

TRU has secured this new wood frame capacity, which is an exceptional offering, in part thanks to its experienced underwriting team and innovative loss control methods. These loss control methods include utilizing thermal technology solutions to reduce risk of fire (led by fire protection engineer Joseph Amodeo), implementing waterflow detection systems to reduce water damage losses (led by John Jeng, formally with Kimberly Clark and Taiwan Semiconductors) and designing new security solutions for construction projects (led by former navy seal Brandon Cruz).

TRU CEO Katie Davies commented, “We are thrilled to have secured this new wood frame capacity, which will help fill a growing need in the industry. We are so proud of our team and the work they do every day, and we are excited to continue innovating in this sector.” Chris Burns, President of TRU, added, “This groundbreaking achievement is a testament to the skills of our veteran underwriters and forward-thinking loss control team, which has allowed us to further solidify our leadership position in this very challenging class of business.”

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