Lexington Insurance Company
Lexington Insurance Company is a 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 property-casualty and general insurance organization serving more than 70 million clients around the world.[2]
History
Starting 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 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 of Hurricane Andrew.
Divisions
Property, Casualty, Healthcare, Programs, Personal Lines, Captives/ART
Industry Practices
Healthcare;[3] Construction;[4] Real Estate; Public Entity; Transportation; Energy; Higher Education
See Also
References
- ↑ AM Best Special Report: U.S. Surplus Lines - Market Review, Sept. 2010
- ↑ http://www.chartisinsurance.com
- ↑ http://www.lexovations.com/healthcare
- ↑ http://www.lexovations.com/construction
External links
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