AXIS
Primary Casualty Construction market fact sheet
Specialty Solutions, Elevated
In a world that never stands still – where the nature of risk is constantly evolving and the needs of your customers are continually changing – you need a partner that turns challenges into possibilities and possibilities into opportunities. A specialty insurer that elevates beyond the standard solutions.
Capacity
- Practice Policies: Up to $2,000,000 limits of liability with a maximum of $10,000,000 total policy general aggregate
- Project Specific: Up to $2,000,000 limits of liability
- Targeted Minimum Policy Premium:
· Annual Practice Policies: $75,000 - $100,000* · Project Specific: $75,000
- Targeted Minimum Deductible: $10,000
- Targeted Minimum Self-Insured Retention: $25,000
- Non-Admitted Paper
Our solutions
- Annual Practice Policies
- Project Specific (GC, Owner, GC and Owner)
Target classes
AXIS is targeting general contractors and trade contractors with annual revenues ranging from $15,000,000 to $500,000,000, in addition to commercial structures (new and renovation operations), and residential structures (with either incidental new operations or renovation and repair work). The below represents various classes of business we are entertaining, specifically for Annual Practice Policies:
- Air conditioning installation, service or repair
- Boiler inspection, installation, or repair
- Cable installation in conduits
- Carpentry
- Concrete construction
- Conduit construction
- Contractors – executive supervisors and developers*
- Driveway, parking area, or sidewalk construction
- Dry wall or wallboard installation
- Electrical work
- Excavation
- Fire suppression systems
- Fireproofing
- Installation work
- Irrigation or drainage system construction
- Machinery or Equipment – installation, servicing, or repair
- Masonry
- Metal erection
- Painting
- Plumbing
- Roofing
- Sewer mains or connections construction
- Sheet metal work
- Street or road construction or reconstruction
- Street or road paving or repaving
- Tile or stone work
- Water mains or connections construction
- Waterproofing
- Welding
Submission Clearance Addresses
Atlanta: AXISPrimaryCas.submitATL@axiscapital.com
Chicago: AXISPrimaryCas.submitCHI@axiscapital.com
New York: AXISPrimaryCas.submitNY@axiscapital.com
Los Angeles: AXISPrimaryCas.submitLA@axiscapital.com
*Subject to classification and jurisdiction
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.
