Excess and surplus insurance are policies that kick in and provide coverage once a claim, or aggregate claims in that policy period, exceed an agreed upon level.
Umbrella insurance is a type of excess/surplus policy.
The international reinsurance marketplace today is where most of the insurance capital resides supporting the excess/surplus product marketplace.
Nearly all group captive arrangements have some type of excess/surplus coverage component to protect participating members from catastrophic losses. Most micro/enterprise captive risk pools do not incur the cost of buying excess or surplus coverages.
We have relationships with specialty firms and brokers experienced at placing excess/surplus and reinsurance coverage.