Lexington Insurance Company

Lexington Insurance Company is a surplus lines insurance company wholly owned by AIG. It is the largest surplus lines insurer based in the U.S.,[1] and it offers property, casualty, and specialty lines insurance products.

History

Started in 1965 with four people and $3 million in gross written premium from its property-casualty business, Lexington was one of the first U.S. insurers formed to specialize in writing surplus lines coverage.

In 1971, Lexington expanded, establishing an office in London. By the 1990s, the company had further grown, establishing programs, healthcare, and catastrophe excess liability divisions.

Divisions

Property, Casualty, Healthcare, Programs, Personal Lines, Captives/ART

Industry Practices

Healthcare;[2] Construction;[3] Real Estate; Public Entity; Transportation; Energy; Higher Education

See also

American International Group

References

  1. ↑ AM Best Special Report: U.S. Surplus Lines - Market Review, Sept. 2010
  2. ↑ http://www.lexovations.com/healthcare
  3. ↑ http://www.lexovations.com/construction

External links

This article is issued from Wikipedia - version of the Monday, March 07, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.