Lexington Property

What is Lexington Property?

A dedicated underwriting group providing E&S insurance solutions to the wholesale broker market for  property risks, including:

  • Participation on shared and layered, primary and excess placements.
  • Available CAT capacity.
  • Complex risks with TIVs of over $250 million and middle-market risks with TIVs of $5M-$250M through our dedicated Lexington 
  • Middle Market Property team.

Focused on the Wholesale Broker Market

Flexible, Customized E&S Property Solutions

Lexington Property Claims Promise

The Lexington Advantage

Dedicated Wholesale Broker Market

  • Meets needs of wholesale brokers and their clients through the expertise of 60+ property underwriters 

  • Addresses the full spectrum of property risks including:
    • Complex risks: TIVs of over $250 million
    • Middle-market risks: TIVs of $5M-$250M through our dedicated Lexington Middle Market Property team

  • Provides fast turnaround and ease of process

 

Why is this important?

Lexington Property has the resources and talent to provide timely E&S solutions to wholesale brokers nationwide for their clients of all sizes.

Underwriting and Claims Expertise

  • Draws on dedicated E&S underwriters and market-leading anaytics to tailor solutions to client-specific risks 

  • Provides flexibility of coverage through primary, buffer, mid and high excess property placements

  • Upon Property Damage coverage confirmation, Lexington’s Property Claims Promise provides working funds of up to 50% of Lexington’s share of the agreed property damage estimate within 7 days of coverage confirmation

 

Why is this important?

Lexington Property utilizes its 50+ years of underwriting and claims expertise to design programs that help solve E&S property challenges.

Customized Solutions

  • Empowers underwriters to design solutions to meet your clients’ property insurance needs 

  • Provides meaningful E&S CAT capacity for difficult to place property risks exposed to natural catastrophes

  • Deploys broad appetitite across most occupancy classes, industries, and natural catastrophe exposed locations through both multi and single peril solutions

 

Why is this important?

Lexington’s underwriters have authority to design and deliver solutions responsive to the unique needs of wholesale brokers and their clients.

Why Lexington

Dedicated Wholesale Broker Market

Issue: A fast food restaurant chain with over half of its property portfolio located in wind-exposed areas along the Gulf Coast received an adverse renewal quote as its existing coverage was about to expire.

Solution: Lexington Property provided a critical layer of coverage within one day of submission by the specialized wholesaler, facilitating the build out of the entire property insurance program prior to expiration.

Benefit: The client secured a property insurance solution that met its coverage requirements for its diverse property portfolio, including CAT-exposed locations.
 

Why is this important?

Lexington Property’s wholesale-focused underwriting expertise allows it to provide insurance solutions for unique, hard-to-place or complex risks in a timely manner.

Underwriting and Claims Expertise

Issue: A wholesale broker was struggling to find the total capacity needed for a South Florida habitational 

Solution: Lexington Property provided multiple options, including a primary and mid excess layer, that allowed the wholesale broker to provide an insurance program at renewal that met its client’s insurance needs.

Benefit: The broker was able to utilize the E&S property market to meet the capacity needs of its client’s complex property program.

Why is this important?

Lexington Property deploys capacity in multiple layers to support the placement strategies of wholesale brokers.

National Leadership

Cliff Hope

Head of Lexington Property

Liz Coakley

Head of National Branch Property

Darrell Pippin

Senior Vice President

Doug Lang

Lexington Middle Market Property

Downloadable Materials

INTENDED FOR LICENSED SURPLUS LINES INSURANCE BROKERS ONLY.