Overview
Lower Middle Market
AXIS Wholesale is bringing additional value to the E&S marketplace with an expanded risk appetite available through our dedicated Wholesale Lower Middle Market (LMM) business unit.
Our LMM team is backed by our proven AXIS Wholesale leadership. We commit to being a market that is innovative and focused on providing elevated service to our partners.
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Responsive, Innovative Underwriting
Coverage for low-frequency, moderate-severity, risks with premiums between $25,000 and $100,000
Capacity: $1,000,000 occurrence/$2,000,000 aggregate limits
Deductibles: $1,000–$5,000
Non-admitted paper
Coverage for low-frequency, moderate-severity, risks with premiums between $25,000 and $100,000
Capacity: $5,000,000 or less within the first $25,000,000 x primary
Non-admitted paper
Specialty E&S coverage for low-frequency, moderate-severity risks
Up to $25,000,000 TIV on non-CAT business
Up to $5,000,000 TIV on CAT business
Up to $25,000,000 TIV on condos or offices
Up to $5,000,000 TIV on all other occupancies
Minimum/Maximum Premium: $25,000/$100,000
Wholesale only
Non-admitted paper
Max location TIV: $25,000,000
Minimum deductibles: $5,000 AOP; 5% in Tier 1/Zone 1 for named storm/hail; 3% Tier 2/Zone 2 for named storm/ hail; and 1% wind/hail for all other locations
Perils insured:
All Risk, including: EQ, wind, flood, and equipment breakdown (can offer All Risks or Stand-alone Perils)
Coverage available on Primary or Quota Share basis for all perils, specified perils, or DIC
Excess product available on a select basis
Coverage for low-frequency, moderate-severity, risks with premiums between $25,000 and $100,000
Capacity: $1,000,000 occurrence/$2,000,000 aggregate limits
Deductibles: $1,000–$5,000
Non-admitted paper
Coverage for low-frequency, moderate-severity, risks with premiums between $25,000 and $100,000
Capacity: $5,000,000 or less within the first $25,000,000 x primary
Non-admitted paper
Specialty E&S coverage for low-frequency, moderate-severity risks
Up to $25,000,000 TIV on non-CAT business
Up to $5,000,000 TIV on CAT business
Up to $25,000,000 TIV on condos or offices
Up to $5,000,000 TIV on all other occupancies
Minimum/Maximum Premium: $25,000/$100,000
Wholesale only
Non-admitted paper
Max location TIV: $25,000,000
Minimum deductibles: $5,000 AOP; 5% in Tier 1/Zone 1 for named storm/hail; 3% Tier 2/Zone 2 for named storm/ hail; and 1% wind/hail for all other locations
Perils insured:
All Risk, including: EQ, wind, flood, and equipment breakdown (can offer All Risks or Stand-alone Perils)
Coverage available on Primary or Quota Share basis for all perils, specified perils, or DIC
Excess product available on a select basis
Lower Middle Market
Primary Casualty Target Classes
Hospitality (accommodation and food services)
- Bed and breakfasts
- Civic, service, or social clubs
- Country clubs
- Concessionaires – NOC
Mercantile
- Car washes
- Contractors equipment rental
- Retail stores
- Flea markets
- Nurseries/landscaping materials
Lessor’s Risk/OLandT
- Medical offices
- Office buildings
- Warehouses
Amusement/Entertainment
- Hunt clubs
- Mini and frisbee golf
- Shooting ranges
- Special events
Contractors (commercial work, with exceptions for residential remodel and repair)
- Carpentry
- Concrete construction
- Electricians
- Fire suppression
- Flooring
- General contractors
- Glazers
- HVAC
- Janitorial
- Landscapers
- Metal works
- Painting
- Plumbing
- Remodelers and tenant improvement
- Roofers
- Service contractors
Manufacturers and Distributors
- Appliances
- Apparel/clothing products
- Auto parts (non-critical)
- Consumer products
- Electronic equipment
- Exercise equipment
- Food and beverage
- Furniture and fixtures
- Machinery and machinery parts
- Sporting goods
- Tools
- Toys
- Textile mill products
- Vehicle customization (non-critical/non-structural)
Lower Middle Market
Excess Casualty Target Classes
Manufacturing/Products, including, but not limited to:
- Amusement devices
- Auto parts
- Furniture
- Machinery and equipment
- Oil and gas related machinery, fittings, equipment
- Safety equipment
- Sporting goods
- Toys
Construction Industry
- Commercial construction (excluding any form of wood frame construction)
- Contractors equipment rental
- Excess contractors protective liability
- Excess railroad protective liability
Transportation
- Trucking
- Heavy hauling
- Specialty hauling
- Oil and gas related hauling
- Hazardous materials hauling
- Bus operators (charter, transit, school)
- Van services
- Para transit
- Ambulances (emergency and non-emergency)
- Taxis
- Car services
- Limousines
- Moving companies
- Hired and non-owned exposures
- Excess auto buffers
Other Classes
- Wholesalers
- Distributors
- Importers
- Retail trades
- Warehousing
- Oil and gas
- Not-for-profit organizations
- Service industries
- Hospitality industries, including, but not limited to: Hotels , motels, bars, restaurants, and taverns, nightclubs, catering, gasoline stations and convenience stores
- Commercial real estate
- Agriculture operations
- Forestry
- Sports and entertainment (excluding athletic participants)
- Special events
- Non-standard commercial premise operations
- Discontinued products
- Discontinued operations
- Lawn and garden services
- Amusement and water parks
- Gun clubs and shooting ranges
Lower Middle Market
E&S Property Target Classes
- Real estate
- Condominiums
- Private schools
- Restaurants
- Hotels
- Retail
- Warehouses
- Light manufacturing
- Healthcare
- Vacant buildings
Claims
We deliver on our promises
Effective resolution for customers is achieved with our highly skilled claims specialists focusing on:
- Quick decision making
- Championing your needs
- An honest approach
∗Claims examples may be based on actual cases, composites of actual cases or hypothetical claim scenarios and are provided for illustrative purposes only. Facts have been changed to protect the confidentiality of the parties. Whether or to what extent a particular loss is covered depends on the facts and circumstances of the loss, the terms and conditions of the policy as issued and applicable law.
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