OUR CUSTOMERS
What type of business is it good for?
- We offer brokers unique underwriting solutions based upon experience, creativity and the ability to structure policy wording.
E&S Property
Why Us
AXIS E&S Property helps brokers in the specialty insurance marketplace. We provide solutions for specialty lines such as fire and allied lines, inland marine, and DIC including flood and earthquake. Exposures or risk characteristics typically include the perils of fire, wind, hurricane, flood, earthquake or terrorism. To address these exposures, the AXIS E&S Property team has a broad range of solutions that include single peril, DIC and all risk coverage in combination with primary, excess or quota share participation.
100% dedicated to the wholesale distribution network
Broad risk appetite including catastrophic and non-catastrophic risk
Highly specialized underwriting and claims teams with advanced individual risk and portfolio management tools
With an in-house team of risk modeling experts, AXIS Catastrophe Exposures Insurance offers financial protection from the perils of wind, flood or earthquake in many hard-to-insure areas.
- Earthquake coverage in California, Alaska, Hawaii, New Madrid, and the Pacific Northwest
- Wind coverage in 1st- and 2nd-tier counties from Maine to Texas (including Harris County, TX), as well as the entire states of Florida and Hawaii
- High hazard flood coverage including areas designated by the National Flood Insurance Program (NFIP) as zones A, V and Shaded X
AXIS offers non-catastrophe exposures coverage for difficult to place risk. Typically these accounts are focused upon perils other than wind, flood or earthquake.
- Traditional E&S property exposures
- Vacant or unoccupied properties
- Unprotected properties
- Unique property exposures
E&S Property
Capabilities
- Primary, excess, first-dollar (100% written) and quota share
- Minimum policy premium $25,000
Typical deductibles
- $25,000 for non-critical earthquake
- 5% for California earthquake
- 2% for New Madrid and Pacific Northwest Earthquake
- $25,000 for flood, except in high-hazard flood zones
- 1% to 5% of total insured values for wind in 1st tier counties from Maine to Texas
- $10,000 all other perils
E&S Property
coverages
Catastrophe Exposures
- Risk driven by perils of wind, flood or earthquake
- Earthquake coverage in California, New Madrid, Hawaii and the Pacific Northwest
- Wind coverage in 1st and 2nd tier counties from Maine to Texas (including Harris County, TX), as well as the entire states of Florida and Hawaii
- Coverage for National Flood Insurance Program (NFIP) Flood Zones A, V and Shaded X
Non-Catastrophe Exposures
- Risk driven by perils other than wind, flood or earthquake
- Traditional E&S property exposures
- Unprotected properties
- Unique property exposures
E&S Property
Target classes
Accommodations/Food Service
- Restaurants including fast food chains
- Bars and nightclubs
- Hotels / motels
Arts/Entertainment
- Amusement and theme parks
- Country clubs
- Bowling centers
- Gyms / fitness centers
- Racetracks
- Casinos
- Stadiums / auditoriums / theatres
- Zoos
DIC
- Primary & excess EQ
- Primary & excess CAL EQ
- Flood including Zone A and V
- Hurricane wind deductible buydowns
Construction
- Builders risk (commercial grade construction)
Habitation
- Apartments & condos (prefer excess on Frame & JM Construction)
- Mid-rise and high-rise apartments (commercial grade construction)
Public entity
- Municipalities
- School districts
- Housing authoritie
Real estate - Rental/Leasing (owned not managed)
- Real estate office buildings
- Wholesale operations
- Self-storage facilities
- Lessors risk
Retail trade
- Shopping malls / strip malls
- Grocers / supermarkets
- Convenience stores / gas stations
- Auto parts dealers
- Sporting goods stores
Manufacturing
- Light manufacturing risk
Other services
- Laundry and dry cleaners
- Auto repair
- Social clubs i.e. Elks Lodges
- Religious organizations
Healthcare
Rail
Claims
We deliver on our promises
We go further with claims resolution that puts your customer first. Utilizing our highly skilled claims specialists to deliver effective resolution that meets your customers’ needs. Focusing on:
- Quick decision making
- Championing your needs
- An honest approach
Related
What’s happening at AXIS
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Find your future at AXIS
We are a global insurer and reinsurer tackling unique challenges. At the heart of it all? Our people. As unique as the risks we face.
