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Summit - Commercial & Business Insurance Solutions Canada Published October 07, 2026

How Summit placed a hard-to-place recycling manufacturer with significant US exposure

A tire-recycling manufacturer with around 60% of its revenue from the United States needed coverage for its substantial US exposure. A major insurer had declined the account, and Summit needed to assemble a placement across several markets.

How the coverage was assembled

Summit assembled a four-market subscription panel, with equipment breakdown placed separately.

The placement and first renewal

The placement carried a premium of roughly $75,000. At the first renewal, the premium fell by approximately 9%.

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