Lexington keeps the Transportation industry moving with experienced underwriting and a broad range of innovative products.
Transportation risk has a growing reputation for complex claim scenarios and tough litigation, which is why the industry has come to rely on Lexington as an experienced and capable carrier. As part of the AIG Transportation Industry Practice Group, Lexington has demonstrated an ability to respond rapidly and commit meaningful capacity to the transportation industry as the trusted underwriter of some of the most significant and complex transportation accounts in the United States.
Lexington supports policyholders with dedicated claims, risk management, and loss control resources while our financial strength enables us to provide policy limits of up to $50 million to help protect insureds from vehicular third party injury and property damage liability claims. At the forefront of Transportation risk innovation, Lexington provides a broad range of policy enhancements, including protection against liability arising from terrorism as well as allegations of sexual misconduct and wrongful termination. Policyholders can also benefit from a wide range of risk management tools such as our Compliance, Safety, and Accountability (CSA) programs, which are designed to create a clearer understanding of transport liabilities.
Policies can be customized to respond to the specific needs of a wide range of classes, including long-haul truckers, short-line railroads, major regional airlines, vehicle and rental leasing firms, and other public and private inland transportation companies.
A leading underwriter of general casualty and financial lines risk for over 40 years, Lexington can provide primary liability, lead umbrella, buffer layer excess and follow form excess liability coverage. ..
AIG Programs is a leading underwriter of program business in the U.S. Programs addressing myriad niche markets are written on both admitted and non-admitted bases and are supported by program administrators with market leading infrastructure and underwriting expertise. AIG’s track record in program development and management is evidenced by individual program relationships dating back nearly 50 years, and our underwriting teams average 30 years of experience. ..
A market leader in management and professional liability exposures, Lexington responds to the needs of public, private, and non-profit insureds with an extensive portfolio of Financial Lines coverages. Lexington provides diversified and highly customized insurance solutions to a wide range of risks for customers in the following classes of business: ..
Given the breadth of underwriting expertise that may be required to address unique coverage requirements, we have the experience and can exercise flexibility in capacity deployment. We can provide up to $50 million in critical CAT capacity and up to $1.5 billion in non-catastrophic commercial limits. This capacity is available for a broad array of commercial occupancies including commercial real estate, manufacturing, municipalities, retail, and healthcare risks. ..
Lexington's products are available through surplus lines brokers. For more information on our Transportation products and services, interested brokers can click here.
To learn more about the risk management solutions available from the AIG Transportation Industry Practice Group, interested brokers can click here.