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Why Choose LexPro?

LexPro provides wholesale brokers with management liability, professional liability and cyber insurance solutions for their private enterprise and non-profit organization (PNP) clients, including their midmarket clients.

The Lexington Advantage

  • Delivers customized Director and Officer Liability (D&O), Employment Practices Liability (EPL), Fiduciary, Crime, Professional Liability and Cyber solutions
  • Provides a convenient, comprehensive market accessible by wholesale brokers only
  • Invests in dedicated resources and underwriting expertise

Why is this important?

LexPro provides wholesale brokers with access to specialized management liability, professional liability and cyber insurance solutions for their clients.

  • Underwrites D&O, EPL, Fiduciary, Crime, Professional Liability and Cyber insurance solutions for private enterprises and non-profit organizations
  • Provides quality products with coverage designed to address the unique needs of midmarket private enterprises and PNP organizations
  • Employs proprietary systems to ensure ease of delivery throughout the quote, bind, and policy issuance process

Why is this important?

LexPro efficiently provides private enterprises and non-profit organizations, including midmarket enterprises, with management liability, professional liability and cyber coverages.

  • Assists with developing risk mitigation strategies utilizing AIG’s management liability, professional liability and cyber expertise and historical claims perspective
  • Has experienced, dedicated in-house claims professionals to provide client support and guidance
  • Provides EPL policyholders with access to risk management services through association with the Jackson Lewis and Littler Mendelson law firms

Why is this important?

LexPro’s resources and expertise support policyholders with risk management strategies and services and knowledgeable, efficient claims handling.

Real-World Problem Solving

Benefit from our proven experience in working with brokers and the clients to deliver successful outcomes.

Issue

A healthcare staffing firm was unable to secure the EPL coverage it desired from the admitted market at the time its current coverage was up for renewal.

Solution

At the request of the broker, LexPro’s dedicated underwriting team developed an E&S insurance solution utilizing a creative retention option that provided the EPL coverage that the healthcare staffing firm required.

Benefit

The healthcare staffing firm was able to move ahead knowing they had EPL coverage that met their business and regulatory compliance needs.

Why is this important?

LexPro works with wholesale brokers to help provide coverage for their clients’ hard-to-place risks.

Issue

A private midmarket distributor of component parts struggled to secure Cyber coverage because it lacked critical controls.

Solution

LexPro connected the broker and its client to loss control resources that helped the client improve its cyber-security profile. With controls in place, LexPro provided a fit-to-purpose cyber insurance solution..

Benefit

With an improved cyber-security profile, the broker was able to secure the cyber coverage its client needed.

Why is this important?

LexPro’s commitment to the cyber PNP market is demonstrated by its ability to understand risks and provide customized insurance solutions to address them.

Issue

Employee allegations of harassment by a senior manager threatened a policyholder’s reputation and business.

Solution

Working in collaboration with the policyholder’s legal counsel, LexPro’s dedicated in-house claims professionals helped in resolving the matter quickly with a negotiated settlement that included a non-disclosure agreement.

Benefit

The quick and comprehensive settlement helped avoid public disclosure of the allegation, which could have severely hurt the policyholder’s reputation and ongoing business.

Why is this important?

Our claims expertise helps to ensure reputation management and business continuity.

Meet Your LexPro® Leadership Team

 

Lexington Insurance Company, an AIG company, is a leading U.S.-domiciled surplus lines insurer. Surplus lines insurers do not generally participate in state guaranty funds, and insureds are therefore not protected by such funds.

The term AIG refers to American International Group, Inc. property and casualty insurance operations, including related property and casualty business divisions, but not to any specific subsidiary insurance company.

Coverage is subject to actual policy language. Certain products and services may be provided by other AIG subsidiaries or affiliates. Non-insurance products and services may be provided by independent third parties.

Licensed surplus lines brokers may obtain products and services from Lexington Insurance Company or from Lexington Specialty Insurance Agency, Inc. (CA license no. 6003097), an AIG subsidiary serving as a program administrator for Lexington Insurance Company and other AIG member companies.

Additional information about AIG can be found at www.aig.com | YouTube: www.youtube.com/aig | LinkedIn: www.linkedin.com/company/aig.

© 2024 American International Group, Inc. All rights reserved.

INTENDED FOR LICENSED SURPLUS LINES INSURANCE BROKERS ONLY.