AXIS Primary & Excess Casualty Appetite Guide

What type of business is it good for?

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

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Local underwriting and claims authority

Broad risk appetite

Specialization in midsize and large accounts

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.

Solutions

Solution

AXIS Excess Liability

Insurance

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. 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.

AXIS General & Product Liability Insurance

Insurance

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. 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.

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

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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

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 and 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.

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