Lexington Insurance Company

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Lexington Insurance Company
Industryinsurance
Founded1965
Headquarters
Area served
United States
London
ProductsProperty
casualty
specialty lines insurance products

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.[citation needed]

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.[citation needed]

Divisions[]

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

Industry practices[]

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

Products[]

Lex FloodReady; Significant Other Coverage; Celebrity Product RecallResponse®; CyberEdge® for Healthcare Organizations; Private Market Flood™ Insurance; Mandatory Evacuation Coverage; Lex InlandMarinePlusSM; TIF Protector; Craft Brewery & Winery Program; LexShare™ HOME Rental Coverage; and Robotics Shield.

See also[]

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[]

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