Insurers. The Contractor shall obtain insurance from insurance companies identified as an admitted insurer/carrier in the State of Washington, with a Best’s Reports’ rating of B++, Class VII, or better. Surplus Lines insurance companies will have a rating of A-, Class VII, or better.
Insurers. The Contractor shall obtain insurance from insurance companies identified as an admitted insurer/carrier in the State of Washington, with a current Best’s Reports’ rating of A-, Class VII, or better.
Insurers. We assess the financial soundness of the proposed insurers we recommend for your requirements using public information including that produced by recognised rating agencies. However, we will not in any circumstances act as an insurer nor will we guarantee or otherwise warrant the solvency of any insurer. As a consequence the suitability of any insurer rests with you and we will discuss with you any concerns you may have. If requested, we will make available to you factual analysis prepared by the Xxxxxx Xxxxxx Xxxxxx Market Security Department in respect of insurers proposed to be used for your requirements. Further, we can consider market security enquiries on an ad hoc basis which may be subject to the agreement of additional remuneration. We also produce the Xxxxxx Xxxxxx Xxxxxx Quality Index (“WQI”), an index through which we capture, analyse and score many insurers based on a wide range of service attributes. We will make available WQI scores relating to your placement to you on request.
Insurers. The Contractor shall obtain insurance from insurance companies authorized to do business within the State of Washington, with a “Best’s Reports'’ rating of A-, Class VII or better. Any exception must be approved by HCA. Exceptions include placement with a “Surplus Lines” insurer or an insurer with a rating lower than A-, Class VII.
Insurers. All insurance provided by the Buyer or the Seller shall be placed with reputable and recognized insurance companies having an AMBEST Rating of at least A- VII.
Insurers. 11.1. It is our normal practice to assess on a regular basis the financial strength of the financial institutions that we introduce to our clients. This process involves monitoring the financial ratings applied by independent rating agencies such as Standard & Poor’s and Xxxxx’x along with other publicly available information.
Insurers. The decision regarding the suitability of any insurer rests with the assured. It is incumbent on the Intermediary Client to ensure that it has obtained the written approval of the assured before agreeing to the placement of a contract of insurance with any (re)insurer.
Insurers. WTW assesses the financial soundness of the proposed insurers it recommends using public information including that produced by recognised rating agencies. However, WTW does not conduct such financial soundness assessments in relation to placements recommended by third party brokers. Upon request, WTW will provide the Client with WTW’s analysis of such insurers, where available. WTW can consider requests for bespoke market security analysis on an ad hoc basis, which may be subject to the agreement of additional remuneration. WTW does not in any circumstances act as an insurer nor does WTW guarantee or otherwise warrant the solvency of any insurer. This includes any insurer proposed by appointed third-party brokers. As a consequence, the decision regarding the suitability of any insurer rests with the Client. The Client should raise any concerns regarding proposed insurers with WTW so that these can be discussed. WTW also produces performance assessment metrics on insurers it recommends based on a wide range of service attributes, which WTW can make available to the Client on request.
Insurers. All insurance required hereunder shall be procured from insurers that at the time coverage commences have a current policyholder’s management and financial size category rating of not less than “A-X” according to A.M. Best’s Financial Strength Rating and Financial Size Category (or an equivalent rating issued by Standard and Poor's), except as approved in writing by the Authority in its reasonable discretion.
Insurers. All insurance required hereunder shall be procured from insurance or indemnity companies with an A.M. Best and Company rating level of A- or better, Class VIII or better, or as otherwise approved by TxDOT and authorized or approved to do business in the State.
