To Our Trading Partners: Evolution of Management Liability Partnership

To our valued risk partners,

We would like to update you on our continued partnership with AIG. As you may have read, Julia Keenan has been appointed as Head of LexPro, leading Lexington’s entry into the “wholesale only” Management Liability business. We are pleased to continue our partnership on these products with Julia and her team at Lexington, a member company of AIG and the largest U.S. based Excess & Surplus Lines Insurance carrier.

For you, it will be business as usual in many respects. We will continue to write both Private and Non-Profit firms on admitted Stratford paper. Seth Brickman and his team will continue to provide small and medium enterprise accounts with dedicated underwriting and a range of well-conceived Management Liability insurance solutions including D&O, EPLI, Fiduciary and Crime. We continue to have a broad appetite for well run, financially sound firms.

BRP will handle all wholesale business under $50 million in revenues, Lexington will handle wholesale business from $50-$150 million and AIG Financial lines will handle business above $150 million. If you happen to send a submission to the wrong home, it will be redirected accordingly between companies. For faster service, we ask that you not send the same submission to multiple access points.

We are excited about this evolution of our Management Liability partnership, reconfirming our 21-year history of serving wholesale brokers in the SME space. Rated “Excellent” (A) XV by AM Best, Lexington has been in business for more than 55 years and offers best-in-class solutions across a wide range of businesses and exposures along with experienced claims handling.

We are grateful for your continued support and business. If you have any questions, please feel free to reach out to Seth or me.

Sincerely,
Lisa Doherty
President and CEO