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Excess and Surplus Lines Insurance Companies

Accept Only the Best in Excess and Surplus Lines Insurance Companies

Accept Only the Best in Excess and Surplus Lines Insurance Companies

Most people have an idea of what program insurance entails. For insurance producers, it’s the bread and butter product lines that most of the population needs. For those seeking insurance, it’s the usual wish list, including auto insurance and basic homeowners coverage. Excess and surplus lines insurance companies handle the rest, covering areas standard carriers may not touch.

Insurance producers should see working with excess and surplus insurance companies as a way to write more business. For insureds, it’s a lesser-known opportunity to mitigate and manage risk while still doing the things they want to do.

Prime Insurance Company is one of the best excess and surplus lines insurance companies around. We have the experience, client list, and statistics to prove it. We do not infringe on the program insurance you’re already writing as a producer but augment it with our specialty offerings. We offer you a more competitive edge and provide insureds the protection they need.

Our Services as an Excess and Surplus Lines Insurance Company

Prime Insurance Company offers a wide array of product lines, including:

  • aviation
  • commercial liability
  • commercial property and inland marine
  • personal lines
  • commercial auto
  • healthcare services
  • directors and officers liability insurance
  • garage liability and towing
  • professional liability insurance tailored to specific industries

We also offer specialty insurance, covering hard-to-place property and casualty risks. Our work is focused on providing the unique solutions your clients need to feel secure about their insurance products. Insurance producers often come to us when their clients have been turned away by other insurers or when it seems nobody will cover a unique risk. We will work with you and your clients to underwrite insurance of all kinds, even in situations you might find surprising.

While we pride ourselves on our commitment to innovation and flexibility, we cannot cover every risk. Still, it’s well worth reaching out to our team to find out what we can do for you. If there’s a way to offer insurance, we will find it, in spite of any adverse claims, loss history, or other challenging circumstances.

Working Directly with You

Underwriting insurance is not all we offer at Prime Insurance Company. As one of the top excess and surplus lines insurance companies in the country, we are committed to risk management in partnership with insurance producers. We want to help your clients mitigate and manage risk as much as possible, as this benefits everyone involved. We help achieve this by offering the expertise and recommendations of our risk managers, all of whom have extensive experience in various industries and fields.

You will not find us managing risk from a far-flung office, however. Our risk managers get out into the real world to truly understand their clients’ circumstances. They attend on-site inspections, evaluate practices from the site, and check out emergency procedures in person, offering personal insight.

That commitment to helping out on the ground carries through to claim processing. Our claims direct access service works similarly, with our team proactively investigating any claims that come through. This includes attending mediations, settlement conferences, pre-trial conferences, trials, and other events that help resolve claims.

Prime Insurance Company’s Accomplishments

We are proud of what we have accomplished as an excess and surplus lines insurance company. In 2018, our loss ratio was 53.1% and our expense ratio was 23.8%, for a combined ratio of 77.6%. These competitive underwriting results are a direct reflection of our commitment to efficient and effective claims handling. You can explore how we compare with peers here.

Given how many insurance producers come to us with unusual and challenging risks, we are proud of many of our innovative solutions. Here’s a fun one: in 2003, Harry Caray’s restaurant in Chicago purchased the infamous baseball that allegedly cost the Chicago Cubs a pennant. A few months later, the restaurant hosted an event using explosives to blow up the ball. To pull this off without liability, Prime Insurance Company provided a unique policy covering the public destruction. The ball is now enclosed in glass at the Chicago Sports Museum.

This is one success in a long list of unique risks, including bungee jumping into an active volcano, an underwater hotel, fire coverage in the Pacific Northwest, fire walking, and more. While your own clients’ needs might not be quite this extreme, we’re here to help.

To learn more about Prime Insurance Company, send us an email at quotes@primeis.com, call us at 800-257-5590, or go to our website at primeis.com. To stay up to date with what we’re doing and all we can offer, follow our work via Facebook, Twitter, YouTube, LinkedIn, and Instagram, or read our blog.


rick lindseyAuthored by Rick J. Lindsey, CEO, President, and Chairman of Prime Insurance Company

Rick J. Lindsey hails from Salt Lake City, Utah. He began working in the mailroom of his father’s Salt Lake City insurance firm, getting his introduction to the business that became his lifelong career. Lindsey quickly rose through the ranks while working in nearly every imaginable insurance industry job. As an entrepreneur, specialty lines underwriter, claims specialist, risk manager, and a licensed surplus lines broker, Rick Lindsey is highly skilled in all levels of leadership and execution. As he progressed on his career path, Rick discovered an urgent need for insurers willing to write policies for high-risk individuals and businesses. He was frequently frustrated that he could not provide the liability protection these entities desperately needed to safeguard their assets. He also formed the belief that insurance companies acted too quickly to settle frivolous claims. Lindsey decided to try a different approach. He started an insurance company and became the newly formed entity’s CEO. This opportunity has enabled Rick to fill a void in the market and provide a valuable service to businesses, individuals, and insurance agents who write high-risk business. Prime Insurance also specializes in helping individuals and businesses who live a lifestyle or participate in activities that make them difficult for traditional carriers to insure. If you’ve been denied, non-renewed, or canceled coverage, don’t give up quite yet. Chances are Prime Insurance can help.

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