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Property - Excess & Surplus

Introduction

In the hardest E&S market for decades, we stand out for providing meaningful and consistent capacity on a broad range of tough-to-place risks.

Wholesale brokers work with us for our consistency, flexibility, and commitment to service. Our extremely limited distribution also allows us to provide a great level of service.

Doug Lang

Head of Excess and Surplus lines, US Property

I started my career in insurance as a CPA with Ernst & Young.

I then transitioned into the world of property reinsurance with Validus Holdings in Bermuda. From there, I moved back to the US after Validus acquired Western World Insurance Group and started the move into the world of excess and surplus lines property insurance. Years later, Validus was acquired by AIG, and before coming over to Convex US, I spent the last few years managing a ~$50 million premium book I grew organically from the ground up as part of Lexington Mid-Market (Validus Specialty prior to being acquired). I joined Convex US because it offered the mentality of a start-up with the least amount of executional risk. The clean balance sheet of Convex Group, lack of legacy technology and welcoming culture were very appealing.

How we work

Wholesale brokers trust us to provide meaningful, consistent capacity. They appreciate that consistency along with the level of service our highly limited distribution affords us.

In particular, our responsiveness is highly valued in an area where speed to market is a necessity.

The surplus lines market is an area that necessitates a quick response, and having a customer-first mindset helps facilitate our ultimate goal of providing meaningful solutions and coverage for our brokers and insureds.

Who we do business with

We work with large wholesale brokers across the US with whom our team has longstanding relationships. One of our key differentiators is that we view risk differently, and are not afraid to take on tougher risks.

Generally, we underwrite lead primaries, but also entertain excess layers. Risks written vary from common risks falling out of the standard market to more esoteric risks that require bespoke solutions.