Lexington Insurance Company

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

Lexington Insurance Company
Industryinsurance
Founded1965
Headquarters
United States
Area served
United States
London
ProductsProperty
casualty
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.[2]

Divisions

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

Industry practices

Healthcare;[3] Construction;[4] 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. Bethan Moorcraft (8 May 2017). "Lexington : Everything You Need to Know". Insurancebusinessmag.com. Retrieved 4 July 2023.
  3. http://www.lexovations.com/healthcare
  4. http://www.lexovations.com/construction
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