MGM's $100M ransomware lesson for multi-unit hospitality
What retail agents should review in cyber submissions for multi-unit restaurant and hospitality accounts after the MGM outage.
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Wholesale appetite: BOP
Business owner's policy we place.
GL, property and business interruption in one package — sized to the operation and bound to the lease, priced where the bundle wins. Already appointed? Send us the account. New here? Apply for appointment below.
A business owner's policy (BOP) bundles general liability, commercial property and business interruption into a single policy — usually with better pricing than buying them separately. It's the right foundation for most small and mid-sized operators.
The triggers
we hear most.
It's a small or mid-sized operator with one or a few locations.
A BOP bundles general liability and commercial property into a single policy, usually priced better than buying the two separately. It's the right foundation for most owner-operated businesses under a certain size.
The account wants one renewal, one bill and one certificate flow.
A BOP gives a single renewal date and a single carrier relationship — much easier to manage than juggling monoline GL and property programmes.
The operation fits a standard package and has grown out of personal-lines thinking.
If the business has been carrying personal insurance, a BOP is the right first step into commercial cover — and it scales as locations, employees and exposures grow.
It needs fast, clean certificates for landlords and customers.
BOPs make COI generation simple — one policy number, one carrier, one schedule. We get certificates out the same day.
Inside the
policy.
General liability
Third-party bodily injury, property damage, products and personal/advertising injury — the same coverage as a monoline GL, just inside a package.
Commercial property
Building (if owned), tenant improvements, contents, stock and equipment — typically at replacement cost with reasonable cause-of-loss forms.
Business interruption
Lost income and continuing expenses while the business can't operate after a covered property loss.
Common endorsements
Optional add-ons that BOPs handle cleanly — spoilage, hired & non-owned auto, employee dishonesty, data breach, equipment breakdown and signs.
Where buyers
get caught out.
Workers' compensation
Comp is statutory and almost always written separately — the BOP and comp policies sit alongside each other.
Professional liability
E&O for advice-based services isn't part of a BOP. We place it as a separate policy when the firm needs it.
Owned commercial auto
Owned vehicles need a commercial auto policy. Hired & non-owned auto can be endorsed onto a BOP, but the full owned-fleet cover is separate.
Industries we
place this for.
Restaurants & food service
BOP as the foundation policy for full-service, fast-casual and multi-location operators.
See the pageProfessional services
BOP for the office side, sitting alongside E&O for the firm's professional risk.
See the pageHealthcare practices
BOP bundling property and GL for medical and dental practices — sitting alongside malpractice.
See the pageDaycares & childcare
BOP for property and GL — paired with abuse cover and professional liability for the operation as a whole.
See the pageMSPs & IT services
BOP for office GL and property — alongside Tech E&O and cyber for the delivery side.
See the page
How we place
this line.
Appetite matched in-house
Every submission gets matched internally against the carrier relationships most likely to write it — not shopped blind into a dozen inboxes.
Every hour risks the client
Suitable accounts move to an underwriter after a licensed broker reviews the match and final file. Carrier response and quote timing depend on the account and market.
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No upfront appointment required. Send the file you have and we’ll let you know what it needs next.
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