Seamless Insurance Placement for Rail Yard Modernization Project

Program Type

• Project-specific
• $159M Railroad project
• Connecticut
• 5-year term

Placement Profile

• Primary Admitted GL: $1M / $2M / $2M
• Excess Admitted: Lead $5M

Background

A long-standing partnership with this broker and client - built on trust and collaboration - led to another opportunity to deliver on a complex infrastructure project. The contractor, known for taking on high-value developments across multiple states, was awarded a major transportation project requiring insurance placement under a tight turnaround.

The project involved the rehabilitation and modernization of a large rail yard facility. With system upgrades, renovations, and site improvements designed to enhance operational efficiency and safety, the contractor needed a coverage solution that was both timely and comprehensive.

How it came together

Shepherd delivered a fast, tailored proposal; providing primary $2M / $4M GL and lead $5M umbrella quotes within just three days. This rapid turnaround met the demanding schedule while maintaining the precision and depth of coverage needed for a project of this complexity.

Additionally, we identified that the client would be utilizing Procore for this project (one of Shepherd's technology partners). This highlighted a shared loss control strategy between Shepherd and the contractor, reflecting a mutual commitment to leveraging technology as a driver of safety, efficiency, and smarter risk management on the jobsite.

This win reflects Shepherd’s commitment to speed, collaboration, and creativity by helping contractors move confidently on ambitious projects while maintaining focus on safety, efficiency, and performance.