Our Customers
Target Programs
AXIS seeks to partner with best-in-class Program Administrators and Managing General Agents whose exposures complement our transactional underwriting units. For specialty products that AXIS distributes directly, we focus on market niches we cannot currently access, typically in the small to midsize segments. For specialty products that AXIS does not distribute directly, we also support the large account segment.
People
Expert underwriters with demonstrated experience in their chosen domain.
Product
Specialty insurance products that reflect the AXIS ethos as a specialist insurer.
Platform
Robust operating platforms and infrastructure to support scalable growth.
AXIS Programs
Why AXIS
The delegated underwriting marketplace is the entrepreneurial heart of the global insurance industry. Program Administrators and Managing General Agents deliver innovative new products and technologies to meet their customers’ emerging risk management needs.
Founders and managers of PAs and MGAs must not only provide top-tier underwriting talent and operational platforms, they must also be backed by carriers who understand the complexity of the marketplace.
AXIS Programs are committed to supporting best-in-class Program Administrators and Managing General Agents with robust portfolio management capabilities. DUAs supported by AXIS benefit from the full depth and bench strength of an A-rated global specialty underwriting company.
Together, we deliver the industry’s risk solutions.
Leading A-rated specialty insurer
A (AM Best), A+ (S&P), A (FSR), $168m Treasury Listing
Global (re)insurance capabilities
US Admitted & E&S, Lloyds, EEA, UK, Bermuda, Canada
Engaged portfolio management team
Product focused Program Team delivering Actuarial and Claims capabilities
Products and Capabilities
AXIS Programs offers a variety of products for specialty insurance programs.
Property and related coverages
General Liablity
Commercial Automobile, when part of a multiline program
Inland Marine
Umbrella & Excess, when part of a multiline program
Professional Lines
Specialty Personal Lines coverages
Miscellaneous or unique product opportunities
Admitted and non-admitted policies
Monoline or multiline programs
Geographic flexibility (regional, nationwide)
Customized solutions
Types of Programs
MGAs offer specialist underwriting often in niche markets, in-depth local knowledge, and cost effective distribution platforms for their insurer partners. At the same time, they provide brokers and customers with a high level of service and a wide range of products, whether they are:
Industry Group Programs
Typically homogeneous business within a specific niche or industry group managed, processed, and distributed by a specialized Program Administrator.
Affinity Groups
P&C products delivered as part of an industry association. May be sponsored in part or whole by the association as a benefit of membership.
AXIS Programs has the necessary credentials to be your insurance partner of choice.
Parameters and Preferences
Program parameters
The PAs and MGAs that we work with have full program administrative capabilities, including underwriting, rating, policy issuance, and reporting.
We utilize TPAs for claims administration with oversight and management by AXIS Insurance’s Claims Department. We can offer profit sharing, variable commission, and captive support, whichever is the best solution that aligns with both parties’ interests. We don’t have a minimum premium size to establish a relationship. It depends on the costs associated with launching and maintaining the program.
Program preferences
Sufficient in-force gross written premium to support development costs and ongoing expenses.
At least 5 years of verifiable premium and loss history.
A focus on a niche market or specialty product line.
Business that can be written and priced using well-defined underwriting template.
Resources and Support
AXIS Programs has the flexibility and resources to support and grow your program profitably.
We have many years of experience in managing delegated authority relationships. A dedicated program manager is assigned to each program, acts as the main point of contact, and coordinates the resources of the entire AXIS team, as required.
Our experienced program managers are empowered to make underwriting decisions. To support them, we have product specialists with years of experience in specific lines of business and coverages.
Our claims team specializes in managing TPA relationships and bringing the skills and experience of the AXIS claims department to the table.
AXIS Programs actuaries draw on their experience across products and geographies to assist our MGAs in targeting the best customers and offering the best prices. Our team is experienced in improving available data, accessing insightful analysis, and using technology and analytics. Our actuaries use research and enhanced data capabilities to help MGAs get, and stay, ahead of their competitors through better risk selection, pricing, and risk management.
AXIS Legal and Compliance bring a host of services to support your program, including:
- Administering product filings in an efficient manner
- Policy wording reviews to ensure compliance with current legislation
- Production of well-defined contracts
- Regulatory and compliance guidance and training.
We have many years of experience in managing delegated authority relationships. A dedicated program manager is assigned to each program, acts as the main point of contact, and coordinates the resources of the entire AXIS team, as required.
Our experienced program managers are empowered to make underwriting decisions. To support them, we have product specialists with years of experience in specific lines of business and coverages.
Our claims team specializes in managing TPA relationships and bringing the skills and experience of the AXIS claims department to the table.
AXIS Programs actuaries draw on their experience across products and geographies to assist our MGAs in targeting the best customers and offering the best prices. Our team is experienced in improving available data, accessing insightful analysis, and using technology and analytics. Our actuaries use research and enhanced data capabilities to help MGAs get, and stay, ahead of their competitors through better risk selection, pricing, and risk management.
AXIS Legal and Compliance bring a host of services to support your program, including:
- Administering product filings in an efficient manner
- Policy wording reviews to ensure compliance with current legislation
- Production of well-defined contracts
- Regulatory and compliance guidance and training.
Contact US
Specialty Programs solutions at your fingertips
To learn more about how the AXIS Programs team can help you, contact Head of North American Programs Gabe Galanski.
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Thank you for your inquiry!
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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Find your future at AXIS
We are a global insurer and reinsurer tackling unique challenges. At the heart of it all? Our people. As unique as the risks we face.
