The top 20 surplus lines insurance companies write just under 68% of all surplus lines risks in Massachusetts
There are a total of 99 companies that write surplus lines in Massachusetts.
The total direct written premium for these companies in the Commonwealth is $576,602,036.
Of that amount, the top 20 surplus lines companies have a direct written premium of $391,596,478 representing a 67.9% market share.
The remaining 79 companies who write surplus lines in the Commonwealth have a combined direct written premium of $185,005,558 representing a 32.1% market share.
And the top 20 are …..
|Company Name||State||Premium Written in MA||Market Share in MA|
|Lexington Insurance Co.||DE||$96,989,733||16.82%|
|Nautilus Insurance Co.||AZ||$31,715,823||5.50%|
|Steadfast Insurance Co.||DE||$27,858,444||4.83%|
|Columbia Casualty Co.||IL||$25,467,163||4.42%|
|AIG Specialty Ins. Co.||IL||$25,076,800||4.35%|
|Scottsdale Ins. Co.||OH||$24,371,060||4.23%|
|Ironshore Specialty Ins. Co.||AZ||$17,273,219||3.00%|
|Indian Harbor Ins. Co.||DE||$16,190,101||2.81%|
|Western World Ins. Co.||NH||$15,491,829||2.69%|
|Illinois Union Ins. Co.||IL||$13,349,457||2.32%|
|Essex Ins. Co.||DE||$12,431,632||2.16%|
|Evanston Ins. Co.||IL||$11,855,586||2.06%|
|Liberty Surplus Ins. Co.||NH||$11,780,195||2.04%|
|Chubb Custom Ins. Co.||NJ||$11,253,939||1.95%|
|First Mercury Ins. Co.||IL||$9,971,294||1.73%|
|Penn Amer Ins. Co.||PA||$9,421,106||1.63%|
|Admiral Ins. Co.||DE||$8,841,051||1.53%|
|Landmark Amer Ins. Co.||OK||$7,981,353||1.38%|
|Catlin Specialty Ins. Co.||DE||$7,179,304||1.25%|
|Houston Casualty Co.||TX||$7,097,389||1.23%|