Excess and Surplus Line Insurance (E & S)
The Standard Market collectively refers to insurers who voluntarily offer insurance coverage at rates designed for customers with average or better than average loss exposures. Such insurers write the majority of commercial property, liability insurance in the
Changes in the business practices, arrival of a new technology, might create new loss exposures not contemplated in traditional insurance policies. These types of exposures are often covered under Excess and Surplus Line Insurance by non-traditional insurance markets.
Unlicensed Insurers are those who are not licensed in many states in which they operate and who exclusive write only Excess and Surplus lines of business.
