The Excess and Surplus Lines market acts as a safety valve providing coverage for specialty risks. Depending on standard market activities, the rates and premiums required to cover these risks are cost prohibitive.
The E&S market accepts unfamiliar business risks and offers options and solutions to obtain coverage market.
It is a segment of the insurance industry that accepts unusual, high risk, and/or one-of-a-kind risks that don’t fit into the traditional insurance market. Over the years, contractors, outfitters, midwives, taxicab companies, paratransit companies, nursing homes, recreational devices and amusement parks, and towing and auto repossession companies are just a few that benefited by having an excess and surplus market to write their specialty liability insurance.
Evolution Insurance Brokers responds quickly to the ever-changing needs of the industry in order to provide insurance services to these and many other classes of business.