Description: Many contractors and owner/developers, particularly those operating in the residential sector, have to account for future financial risk associated with large self-insured retentions (SIRs) on past policies. Lexington Insurance developed LexFollowUP in February, 2010, which is a potential insurance solution to buy-out or buy-down SIR obligations on legacy policies.
Please join Thomas Grandmaison, Sr. Vice President, Construction for a webcast which will discuss this product and provide an overview on the scenarios that lend themselves to a LexFollowUP program solution.
