Commercial Liability With Excess Limits

Nuts & Bolts: AIG Excess Casualty introduced AIG ExcessPrime, a $25 million commercial liability program that provides insureds with additional excess limits. AIG ExcessPrime is designed to sit in excess of $50 million lead commercial umbrella insurance. To qualify for AIG ExcessPrime, an AIG member company must currently underwrite the existing lead commercial umbrella layer. The program offers occurrence and claims made forms. When an insured submits an application for lead umbrella coverage, the AIG Excess Casualty underwriting team will automatically provide a quote for AIG ExcessPrime, eliminating the need to submit multiple applications for various coverages.

Dollars: Min. premium of $2,000/million.

Carrier: AIG, rated “A” by A.M. Best.

States Available: All.

Contact: Melena Ortega, melena.or-tega@aig.com.