Our Customers
Target business
- Severity and frequency risks with unique products and premises exposures
- Significant cross-border exposure into the United States
- Standalone general liability and/or excess liability, placed outside a commercial package
- Companies with $25+ million in annual revenues
Overview
Overview
When a company is exposed to legal liabilities caused by injury to others, or damage to the property of others, having casualty insurance coverage makes it possible to move ahead. From general liability insurance and product liability insurance on a primary basis to umbrella/excess liability insurance to cover above and beyond the limits of a primary liability policy, our specialty casualty insurance solutions combine data-driven insights with years of experience.
We offer brokers and clients innovative solutions along with industry-specific expertise, and can tailor coverage to meet unique risk transfer needs.
Local underwriting and claims authority
Broad risk appetite
Specialization in midsize and large accounts
Solutions
Tailored coverage for a variety of risk exposures
In a world of runaway defense costs, large jury awards, and significant social inflation, a primary liability policy often fails to provide adequate limits of insurance. Our flexible excess liability policies, attaching over a minimum of $1 million primary insurance, provide straight follow-form coverage. We are able to sit excess a number of different primary liability policies, offering continuity of insurance limits with no gaps in coverage.
Companies need the security of general and products liability so they can focus on the day-to-day operations of their business. General liability lawsuits can arise if clients have contractors or customers on their premises, or if their employees work away from their premises at job sites. Consumers can be harmed by how a product is designed, manufactured, marketed, or misused. Lawsuits can be expensive and a distraction to normal operations. Our general and products liability insurance helps cover the legal and court costs to defend against lawsuits, and indemnify 3rd parties when required.
In a world of runaway defense costs, large jury awards, and significant social inflation, a primary liability policy often fails to provide adequate limits of insurance. Our flexible excess liability policies, attaching over a minimum of $1 million primary insurance, provide straight follow-form coverage. We are able to sit excess a number of different primary liability policies, offering continuity of insurance limits with no gaps in coverage.
Companies that produce, distribute or sell products need protection from the fallout that occurs in the event that their products cause bodily injury, personal injury or property damage. Consumers can be harmed in many different ways depending on how a product is designed, manufactured, marketed or used. Product liability lawsuits can be expensive to defend. AXIS Product Liability Insurance helps cover legal expenses associated with those types of claims.
Capabilities
- $25 million excess liability
- $5 million general and products liability
- Policy minimum premium is $10,000
- Claims-made and occurrence policies
- Worldwide coverage territory
- Flexibility on GL deductibles and self-insured retentions
- Flexibility on excess attachment points; no self-insured retention
- Excess policies scheduling various primary liability policies:
- General and products liability
- Employer's liability and employee benefits liability
- Non-owned auto liability
- Owned auto and garage auto liability
- Tenants' legal liability
Optional coverages
- Employee benefit liability
- Employer's liability
- Tenants' legal liability
- Non-owned and hired auto liability
- Pollution exclusion exception endorsements
- Manufacturers' errors & omission
- Product withdrawal expense
- Garage keeper's legal liability
Target classes
Primary liability
- Commercial product manufacturers
- Industrial machinery and equipment
- Auto parts (Including critical)
- Agricultural equipment
- Energy and resource sector machinery and equipment
- Chemicals
- Consumer product manufacturers
- Furniture
- Food and beverage
- Appliances
- Exercise equipment
- Electronics and technology products
- Real estate and premises risk
- Primary commercial occupancies
- Banks and other financial institutions
- Hospitality
- Hotel and restaurant chains
- Cultural institutions
- Wholesalers,distributors,importers and retailers
- Fisheries
- Communications,media and technology companies
- Professional services firms
Excess liability
- All primary liability target classes
- Forestry, pulp and paper
- General and speciality trade contractors
- Energy, power and utilities
- Mining - surface
Not all insurance coverages or products are available in all states and policy terms may vary based upon individual state requirements. Issuance of coverage is subject to underwriting and coverage depends upon the actual facts of each case and the terms, conditions and exclusions of each individual policy. anyone interested in an insurance policy should request a copy of the policy itself for a description of the scope and limitations of coverage The information on this Website is provided for informational purposes only and is not an offer to sell, or a solicitation to buy, any particular insurance product. No insurance product is offered or will be sold in any state in which such offer or solicitation would be unlawful under the laws of such state. Certain products may be offered by AXIS companies not licensed in your state and therefore may only available through a licensed surplus lines broker. Surplus lines insurers do not generally participate in state guaranty funds and insureds are not protected by such finds, and surplus lines insurers are not always subject to the same insurance regulatory standards applicable to licensed insurance companies.
Claims
We deliver on our promises
Effective resolution for customers is achieved with our highly skilled claims specialists focusing on:
- Quick decision making
- Championing your needs
- An honest approach
∗Claims examples may be based on actual cases, composites of actual cases or hypothetical claim scenarios and are provided for illustrative purposes only. Facts have been changed to protect the confidentiality of the parties. Whether or to what extent a particular loss is covered depends on the facts and circumstances of the loss, the terms and conditions of the policy as issued and applicable law.
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