AXIS Financial Institutions provides Excess coverage for banks, insurance companies, finance companies, leasing companies, mutual funds, investment advisers, hedge funds, REITs, business development companies and other financial institutions. We have a straightforward, streamlined approach to helping our brokers structure the professional lines protection their clients need.
AXIS Professional Lines Excess
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Follow-form Excess protection with definitions and other terms that tie back to the underlying primary insurance policy.
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Designed to provide continuity of coverage, unless amended by endorsement.
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Flexible enough to be excess of any professional lines policy, including Side ‘A’ DIC.
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Permits erosion of underlying limits through payment of covered Loss by underlying insurers, Insureds or others.
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No endorsement required for changes to the underlying insurance.
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Short, simplified policy and application.
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Coverage backed by the exceptional financial strength and solid claims-paying ability of the AXIS insurance companies, rated “A+” (Strong) by Standard & Poor’s and “A” (Excellent) by A.M. Best.
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Available on a surplus lines basis and on an admitted basis in those states that allow risk exceptions. We are in the process of filing.
To learn more about AXIS Financial Institutions
and our coverage capabilities, please contact us.
