Max Managers usa Ltd.

Operating out of strategically located east and west coast offices, Max Managers combines the core Max Capital strengths of strong underwriting experience and disciplined risk modeling to deliver long-term casualty product solutions to its clients.

Max Managers defines itself through its willingness and ability to craft intelligent structures for clients with challenging insurance needs. The strategy is  to focus on areas where capacity is scarce and Max has the opportunity to offer pricing and structures that solve a client need, while providing Max with its necessary return. Such solutions are available on annual or multi-year bases. Max Managers specializes in mid-to-large accounts based in North America.

While Max Managers focuses on the casualty portion for these risks, Max Specialty can consider the property and marine pieces of these accounts.

Target Classes

Max Managers targets the following classes of business:

  • Healthcare (Hospitals and Long-term Care Facilities)
  • Pharmaceutical
  • Medical Products
  • Life Sciences
  • Transportation
  • Heavy Industrial
  • Construction
  • Tough Products

Capacity and Attachment Strategy

  • Maximum capacity of $15m
  • Minimum attachment of $100,000 (may consider lower attachment on case by case basis)
  • Minimum excess premiums $250,000 annual policy minimum premium except for Long Term Care will consider lower premiums
  • Capacity will be available on an annual or multi-year basis (up to 36-month policy period), on guaranteed cost and loss sensitive rated bases.

Policy Forms

Coverage is considered on the following policy types:

  • Occurrences Reported
  • Primary or Follow Form – Claims Made
  • Follow Form – Occurrence basis for select classes

Minimum Submission Requirements

In order to properly evaluate historical account loss experience and exposures, submission to Max Managers should include:

  • Summary of operations by segment or by State for Hospital and Long-Term Care accounts
  • Ten-years of historical exposures, revenues, units, beds, etc.
  • Details on loss reserving strategy and claims handling process
  • Updates on venues and any changes in tort reform, etc.
  • Ten years (minimum) of currently-valued, historical loss experience, including aggregate and large loss details

Max Managers works with approved producers throughout the United States. For more information regarding an appointment, please click here.