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 25 104 Annual Insurance Tax Report  Surplus Lines 2015

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Hi I'm Bob Dylan archery in this week's key concept module we are going to be talking about excess and surplus liens' insurance most insurers fall into the category called standard markets these are insurance markets which cover customers who typically have average or better than average loss exposures this however leaves a sizable number of insurance with unique or unusual exposures that the standard market is not able to ensure these exposures require a creative non-traditional insurance market that we call the excess and surplus lines or in s market for short we will discuss in this module the five generally recognized classes of ENS business first we have unusual or unique loss exposures let's say we have an old famous rock band of the concert sponsors want non-appearance and insurance on just in case they can't make the gig well since this is difficult type insurance to price and the standard market would not be willing to insure it is would be covered in the ENS market secondly w

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