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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
Company Agent Y
Internal Employed Underwriters Y
A.M. Best Rating A
Insurer Financial Size Category XV
Continuous Years Providing Coverage in A/E Marketplace 14
Where Licensed to Write/Carrier Admitted
50 States/DC Y
U.S. Territories N
Worldwide Yes
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,
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
Other Notes