E&S Property appetite

Appetite

Capacity: Up to $50,000,000 limits of liability

Minimum Premium: $100,000 for most classes

Deductibles: $10,000 minimum

All Risks/DIC

Primary and Excess Basis

Target classes

  • Real estate
  • Municipalities
  • Schools (primary, higher education)
  • Retailers, shopping centers
  • Office buildings
  • Condominiums
  • Apartments
  • Hospitality
  • Healthcare
  • Light and heavy manufacturing
  • Warehousing
  • Vacant properties

Recent wins

Risk Description
Total Insured Value
AXIS Participation
Premium
State
Municipality
$1.1B
$2M p/o $15M x $10M
$85,000
California
Regional airport
$89M
$2.5M p/o $25M Primary
$90,000
Mississippi
Grocery stores
$1.9B
$2M p/o $45M x $5M
$92,000
Georgia North Carolina South Carolina
Recycling operation
$22M
$1.25M p/o $5M Primary
$107,000
Multiple states
Restaurants
$6.7M
$1M Primary
$121,000
Florida
Condominiums
$65M
$5M x $5M
$140,000
Florida
Apartment schedule
$448M
$2.5M p/o $5M x $5M
$177,000
Texas
Apartments
$128M
$2.5M p/o $4M x $500K
$200,000
Multiple states
School district
$3.32B
$1M p/o $50M Primary
$240,000
Texas

Product information is for descriptive purposes only and does not provide a complete summary of coverage and is intended for use by licensed insurance producers. It is not an offer to sell, or a solicitation to buy, any insurance product for a particular insured. Policy terms, conditions or exclusions may vary. Coverage may not be available in all jurisdictions and is subject to underwriting. Consult the applicable insurance policy for specific terms, conditions, limits, limitations, and exclusions. No insurance product is offered or will be sold in any jurisdiction in which such offer or solicitation would be unlawful. More information about AXIS’ financial strength and individual insurance company ratings is available here. Some products may be offered by AXIS companies not admitted in certain states, and therefore may be available only through licensed surplus lines brokers. These products may be underwritten by AXIS Surplus Insurance Company (NAIC # 26620), an Illinois domestic surplus lines insurance company. Surplus lines insurers do not generally participate in state guaranty funds, and insureds are not protected by such funds.

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