A Winning Partnership for Success
AXIS Programs offers an array of products for specialty commercial and personal lines insurance programs.
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AXIS Programs | A Winning Partnership for Success
As a leader in specialty insurance and global reinsurance, we’re inspired by the opportunity to redefine industry standards with an innovative and agile approach to meet today’s challenges. We’re not afraid to take on complex risk profiles. We are AXIS - Specialists in Specialty.
AXIS Insurance’s Programs unit provides specialty insurance products via AXIS-appointed Program Administrators (PAs) and Managing General Agents (MGAs) throughout North America. We offer a broad range of coverages tailored to the unique needs of our clients. We have a highly experienced team that is skilled in evaluating, developing, and managing delegated underwriting authorities. Our PA's and MGA's have a high degree of technical expertise, and they share our disciplined underwriting philosophy.
1 AXIS Capital Holdings Limited, a Bermuda-based holding company listed on the NYSE: AXS. Find out more at axiscapital.com, and follow AXIS Capital on LinkedIn.
Financial Strength as of Year End 20221
RATINGS - AXIS3
1 AXIS Capital Holdings Limited in USD.2 Total capital represents the sum of total shareholders’ equity attributable to AXIS Capital Holdings Limited and senior notes.3 Ratings of insurance and reinsurance subsidiaries of AXIS Capital Holdings Limited.
AXIS Programs offers an array of products for specialty insurance programs.
Whether they are...
Industry Group Programs
Typically homogeneous business within a specific niche or industry group managed, processed, and distributed by a specialized Program Administrator.
Affinity Groups
P&C products delivered as part of an industry association. May be sponsored in part or whole by the association as a benefit of membership.
...AXIS Programs has the necessary credentials to be your insurance partner of choice.
Program parameters
The PAs and MGAs that we work with have full program administrative capabilities, including underwriting, rating, policy issuance, and reporting.
We utilize TPAs for claims administration with oversight and management by AXIS Insurance’s Claims Department.
We can offer profit sharing, variable commission, and captive support, whichever is the best solution that aligns with both parties’ interests.
We don’t have a minimum premium size to establish a relationship. It depends on the costs associated with launching and maintaining the program.
Program preferences
Sufficient in-force gross written premium to support development costs and ongoing expenses.
At least 5 years of verifiable premium and loss history.
A focus on a niche market or specialty product line.
Business that can be written and priced using well-defined underwriting template.
AXIS Programs has the flexibility and resources to support and grow yourprogram profitably.
Program management
We have many years of experience in managing delegated authority relationships. A dedicated program manager is assigned to each program and acts as the main point of contact and coordinates the resources of the entire AXIS team as required.
Underwriting
Our experienced program managers are empowered to make underwriting decisions. To support them we have product specialists with years of experience in specific lines of business and coverages.
Claims
Our claims team specializes in managing TPA relationships andbringing the skills and experience of the AXIS claims department tothe table.
Actuarial
AXIS Programs actuaries draw on their experience across productsand geographies to assist our MGAs to target the best customersand offer the best prices. Our team is experienced in improvingavailable data, accessing insightful analysis, and using technologyand analytics. Our actuaries use research and enhanced datacapabilities to help MGAs get, and stay, ahead of their competitorsthrough better risk selection, pricing, and risk management.
Legal, regulatory, and compliance
AXIS Legal and Compliance bring a host of services to support yourprogram, including: