Lexington Property: Builders Risk

Lexington Insurance Company is the leading U.S.-based surplus lines insurer in the E&S market, with innovative solutions, broad appetite for property construction risks, and the flexibility to participate on shared and layered primary and excess placements.

Practice Appetite

  • Flexible program structure on a non-admitted basis through Lexington Insurance Company. 
  • Ability to provide up to $100,000,000 in capacity on a primary or quota share basis.
  • Minimum standard deductible of $25,000 for all perils, except $100,000 for water damage.
  • Minimum premium of $100,000 for single project Builders Risk and $250,000 for Master Builders Risk Programs. 
  • Dedicated construction industry underwriters, risk engineering and claim professionals who understand the segment.
  • Up to $5,000,000 in wood frame construction capacity for select risks.

The Lexington Advantage


  • Broad, flexible risk appetite to underwrite risks written on Excess & Surplus lines paper.
  • Creative solutions tailored to the unique nature of each construction risk support our broker partners' abilities to structure effective solutions.
  • Multinational capabilities to support our broker partners globally.
  • Flexible, industry-leading Construction Performance® policy form available.

Risk Management Services

  • Ability to provide customized customer service plans depending on client needs and exposures.
  • Our experienced and knowledgeable risk engineers collaborate with clients to implement measurable risk improvements that can help prevent losses and reduce costs.

Claims Promise

  • Lexington’s Claims Promise affirms that our dedicated team of claims experts will mobilize in rapid response to a covered event and, after coverage is confirmed, will advance our policyholders up to 50% of an agreed loss estimate within 7 days.
  • Team of dedicated Builders Risk Property Claims Adjusters with 20+ years average experience handling claims.

Industry Focus

  • Ability to provide Builders Risk solutions in the construction industry segment, on both a single project and Master Builders Risk basis, for a wide array of project types.
  • Focus on owners, design-build firms, construction managers and contractors.
Segment Preferred Risks
Real Estate/Hospitality All occupancies will be considered, with exception of high-rise habitational
Manufacturing/Processing Light, moderate and heavy manufacturing and processing
Healthcare All healthcare classes including hospitals, assisted living, senior care and miscellaneous facilities will be considered
Higher Education Public and private universities
Public Entities Municipalities, airports, housing authorities, school districts
Services – Professional and Non-Professional All types of risks will be considered
Sports & Entertainment including Amusements All types of risks will be considered
Wood Frame Construction Limited capacity for select risks

National Leadership

Cliff Hope

Head of Property, Lexington Insurance

Downloadable Materials