Lexington Insurance Company, a subsidiary of American International Group, has established a property and casualty insurance underwriting office in Hamilton, Bermuda.
The new office provides access to Lexington’s entire portfolio of property insurance policies. In addition to this, it will offer a primary employment practices liability insurance program.
Other Lexington casualty insurance products will be underwritten in Bermuda later in 2007.
Establishing this new office reflects Lexington’s commitment to providing ready access to top-quality products and coverage limits. Risk managers and brokers on Bermuda will now have local access to Lexington’s industry-leading property capacity and flexible casualty solutions, said Kevin Kelley, chairman and CEO of Lexington.