ÌìÃÀÍøÕ¾´«Ã½´«Ã½

Commercial Liability With Excess Limits

June 7, 2004

Nuts & Bolts: ÌìÃÀÍøÕ¾´«Ã½´«Ã½ Excess Casualty introduced ÌìÃÀÍøÕ¾´«Ã½´«Ã½ ExcessPrime, a $25 million commercial liability program that provides insureds with additional excess limits. ÌìÃÀÍøÕ¾´«Ã½´«Ã½ ExcessPrime is designed to sit in excess of $50 million lead commercial umbrella insurance. To qualify for ÌìÃÀÍøÕ¾´«Ã½´«Ã½ ExcessPrime, an ÌìÃÀÍøÕ¾´«Ã½´«Ã½ member company must currently underwrite the existing lead commercial umbrella layer. The program offers occurrence and claims made forms. When an insured submits an application for lead umbrella coverage, the ÌìÃÀÍøÕ¾´«Ã½´«Ã½ Excess Casualty underwriting team will automatically provide a quote for ÌìÃÀÍøÕ¾´«Ã½´«Ã½ ExcessPrime, eliminating the need to submit multiple applications for various coverages.

Dollars: Min. premium of $2,000/million.

Carrier: ÌìÃÀÍøÕ¾´«Ã½´«Ã½, rated “A” by A.M. Best.

States Available: All.

Contact: Melena Ortega, melena.or-tega@aig.com.

Topics Excess Surplus Commercial Lines Business Insurance ÌìÃÀÍøÕ¾´«Ã½´«Ã½

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Insurance Journal Magazine June 7, 2004
June 7, 2004
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