LexPro provides wholesale brokers with D&O, EPL, Fiduciary, Crime, Professional Liability and Cyber solutions for private enterprises and non-profit organizations, including their midmarket clients. Dedicated, service-focused underwriters work with wholesale brokers to provide solutions to meet their clients’ insurance needs.
Advantages
Focused on the Wholesale Broker Market
LexPro is committed to providing wholesale brokers with access to specialized management liability insurance solutions for their SME clients in a fast-paced environment.
Midmarket Expertise
LexPro efficiently provides private enterprises and non-profit organizations, including midmarket enterprises, with management liability, professional liability and cyber coverages.
Quick Response Time
Our expertise helps to ensure reputation management and business continuity.
Delivers customized Director and Officer Liability (D&O), Employment Practices Liability (EPL), Fiduciary, Crime, Professional Liability and Cyber solutions
Provides a convenient, comprehensive market accessible by wholesale brokers only
Invests in dedicated resources and underwriting expertise
Underwrites D&O, EPL, Fiduciary, Crime, Professional Liability and Cyber insurance solutions for private enterprises and non-profit organizations
Provides quality products with coverage designed to address the unique needs of your midmarket clients
Employs proprietary systems to ensure ease of delivery throughout the quote, bind, and policy issuance process
Assists with developing risk mitigation strategies utilizing AIG’s management liability, professional liability and cyber expertise and historical claims perspective
Has experienced, dedicated in-house claims professionals to provide client support and guidance
Provides EPL policyholders with access to risk management services through association with the Jackson Lewis and Littler Mendelson law firms
Real-World Problem Solving
Benefit from our proven experience in working with customers and their brokers and agents to deliver successful outcomes.
Challenge
A healthcare staffing firm was unable to secure the EPL coverage it desired from the admitted market at the time its current coverage was up for renewal.
Solution
At the request of the broker, LexPro’s dedicated underwriting team developed an E&S insurance solution utilizing a creative retention option that provided the EPL coverage that the healthcare staffing firm required.
Benefit
The healthcare staffing firm was able to move ahead knowing they had EPL coverage that met their business and regulatory compliance needs.
Challenge
A private midmarket distributor of component parts struggled to secure Cyber coverage because it lacked critical controls.
Solution
LexPro connected the broker and its client to loss control resources that helped the client improve its cyber-security profile. With controls in place, LexPro provided a fit-to-purpose cyber insurance solution.
Benefit
With an improved cyber-security profile, the broker was able to secure the cyber coverage its client needed.
Challenge
Employee allegations of harassment by a senior manager threatened a client’s reputation and business.
Solution
Working in collaboration with the client’s legal counsel, LexPro’s dedicated in-house claims professionals helped in resolving the matter quickly with a negotiated a settlement that included a non-disclosure agreement.
Benefit
The quick and comprehensive settlement helped avoid public disclosure of the allegation, which could have severely hurt the client’s reputation and ongoing business.
Brokers: Meet Your AIG Team
View contact information for AIG’s national product and distribution teams.
The scenarios described herein are offered only as examples. Coverage depends on the actual facts of each case and the terms, conditions and exclusions of each individual policy. Anyone interested in the above product(s) should request a copy of the standard form of policy for a description of the scope and limitations of coverage.
