StockWatch
·
Specialty Insurers
New LaunchJun 11, 2026, 09:48 AM

WTW Launches Wood Frame Follow Facility Builder’s Risk Program

AI Summary

Willis, a WTW business, announced the launch of its Wood Frame Follow Facility Builder’s Risk Program, a specialized solution for new ground-up wood frame construction projects throughout the United States. The program provides streamlined access to follow-form Builder’s Risk capacity, aligning with lead market coverage for continuity of protection. It offers up to $50 million in quota-share follow limit and covers a broad range of exposures for multifamily residential and mixed-use developments.

Key Highlights

  • WTW launched its Wood Frame Follow Facility Builder’s Risk Program.
  • The program supports new ground-up wood frame construction projects across the U.S.
  • It offers up to $50 million maximum quota-share follow limit of liability.
  • The facility provides a maximum co-share participation of 50%.
  • Policy terms are available for up to 36 months.
  • Coverage extends across all 50 U.S. states and the District of Columbia.
  • It covers exposures including hard costs, loss of rental income, flood, and earthquake.