Lexington Insurance Company
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Industry | insurance |
---|---|
Founded | 1965 |
Headquarters | |
Area served | United States London |
Products | Property 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[]
- ^ AM Best Special Report: U.S. Surplus Lines - Market Review, Sept. 2010
- ^ http://www.lexovations.com/healthcare
- ^ http://www.lexovations.com/construction
External links[]
- Financial services companies established in 1965
- Insurance companies of the United States
- American International Group