Lexington Insurance Company

Lexington Insurance Company is the leading U.S.-based surplus lines insurer,[1] providing property, casualty, and specialty lines insurance coverages and programs for small to middle-market companies and industries, as well as large commercial entities. Lexington is a Chartis company. Chartis is a world leading property-casualty and general insurance organization serving more than 70 million clients around the world.[2]

Contents

History

Since its founding in 1965 in Boston, Massachusetts, Lexington Insurance Company has grown to become one of the strongest and most stable surplus lines insurers in the market today. Starting from humble beginnings 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 its global footprint with the establishment of a London office. In response to market conditions in 1986, Lexington’s growth continued with the formation of its Programs and Healthcare divisions. Expansion continued in 1993 with the establishment of Cat Excess Liability in Bermuda, again in response to market conditions in the aftermath Hurricane Andrew.

Today, Lexington Insurance is the leading U.S.-based surplus lines insurer and at the forefront of insurance innovation. Lexington provides security, flexibility, and quality with each insurance policy.

Awards

For six consecutive years, Lexington has received the "best surplus lines insurer" award from Business Insurance's Readers Choice Awards. Lexington's marketing campaign, "Where There's A Risk There's A Way" also received an Award of Excellence from the Insurance Marketing and Communications Association at its annual Showcase Awards, held in June 2011.

Divisions

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

Industry Practices

Healthcare;[3] Construction;[4] Real Estate; Public Entity; Transportation; Energy; Higher Education

References

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

External Links