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AXIS Insurance Company

Company Info

Name AXIS Insurance Company
City Berkeley Heights
State NJ
Website Visit Website

How to Access

Direct N
Broker N
MGA N
Company Agent Y

Underwriter

MGA N
Internal Employed Underwriters Y

Measurements

A.M. Best Rating A
Insurer Financial Size Category XV
Continuous Years Providing Coverage in A/E Marketplace 15

Where Licensed to Write/Carrier Admitted

50 States/DC Y
U.S. Territories N
Worldwide Y

Benefits Offered

Risk Management Education Program Credits Y
First Dollar Defense N
Loss Control Services N
Contract Review Services N
Multi‑Year Policies N
Pre‑Claims Assistance Y
Premium Credits with Experience Y
Premium Credits with AIA Membership N
Premium Credits with LEED Certification N
Premium Credits (other) No Hammer Clause in the form
Contract review for insurability issues
Pre‑claim assistance and circumstance reporting
On‑line education through RedVector
Premium credits for: use of good contracts, use of limitations of liability, repeat client base, good fee monitoring

Special Coverage

Project Policies Y
Prior Acts N
Tail Insurance N
Cyber Liability N
Other Special Coverage

Project Policies for Insureds,
Design/build,
Construction Management,
Follow Form Excess,
Specific Project Excess endorsements for Insureds

Specialty Markets

Multifamily or Condo Housing N
Residential N
Geothermal N
Landscape N
Firm Size N
Other Specialty Markets

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Underwriting Restrictions

Firm Size N
Firm Location N
Type of Practice N
Type of Projects N
Location of Projects N
Non‑U.S. Projects N
Restrictions on Percentage of Residential N
Restrictions on percentage of multifamily and/or condominiums N
Specific Job Excess N
Other Underwriting Restrictions

Firms providing over 50% residential services, and
firms that bill under $250,000 in revenues (starting 2013)

Firms providing over 50% residential services, and
firms that bill under $250,000 in revenues (starting 2013)

Special Exclusions / Conditions

Asbestos Claims N
Mold Claims N
Silica Claims N
Hazardous Waste Claims N
Full Prior Acts Coverage N
Coverage for Acts in a Predecessor Firm N
Restricted Coverage for Prior Acts N
Other Special Exclusions

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Deductibles and Limits

Minimum Deductible $25,000
Maximum Deductible $0
Coverage Limits $25,000,000

300 Connell Drive, Suite 8000
Berkeley Heights, NJ
(908) 673 2963

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