Bermuda insurer Ironshore announced yesterday that IronBuilt, its specialty construction unit, has partnered with Crump Insurance Services to introduce an exclusive general liability programme for residential and commercial subcontractors with premiums under $25,000.

"In this challenging time for the construction market, many subcontractors are finding it difficult to secure affordable liability protection," Joe George, president of IronBuilt, said.

"Our new facility is designed to help subcontractors navigate safely through this period without experiencing damage to their bottom line."

The programme is available for risks in Arizona, California, Colorado, Florida, New Mexico, Nevada, Oregon, Texas, Utah, Washington, and Wyoming, with a low minimum premium of $2,000.

"We are pleased to partner with IronBuilt to offer this comprehensive product for residential and commercial subcontractors at rates that will allow them to keep their businesses protected through these tough market conditions," said Joe Benkelman, head of Crump Insurance Services' Denver office.