AIG Excess


Excess Program

BTIS is pleased to offer the AIG Excess Program, rated A XV by A.M. Best Co. We have created a simple, one-page, online application for your convenience.

Click here for the Artisan Contractors Supplemental

Policies may be written for one (1) year and in some circumstances written short term (minimum of 90 days) or longer than a year.

Ineligible Risks

  • Risks with underlying limits of less than $1 million or carriers with less than an A.M. Best A- VII rating
  • Risks with annual receipts greater than $25 million
  • Exterior painting of a building of more than three (3) stories (AIG can consider on a case by case basis)
  • New structural residential construction

Rating Information

  • Limits of the underlying policy must be at least $1 million occurrence and $2 million aggregate; contractor risks require $2 million products
  • Need to know the premium of the underlying policy
  • Auto may be added as an underlying policy, but only when a General Liability policy is also underlying
  • The underlying Auto policy limits must be at least $1 million/$1 million bodily injury/property damage
  • Workers' Comp can be added as an underlying policy at no charge


Most states have $0 SIR or deductible. Excess policies have no insured retention.

Audit Basis

Excess premiums and exposures are subject to a final audit at the company's discretion. Earned premium for the exposure will be determined at the end of the policy period.

Waiver of Premium

Additional or return premium account balances of $10.00 or less will be waived.

Risk Cancelled or Non-renewed by Other Company

Please refer any risk that has been cancelled or non-renewed to BTIS prior to submission. We ask that full information regarding the reason for cancellation or non-renewal and the conditions or preventive steps taken by the Applicant be provided.


Policies will be prorated (without penalties) when cancelled for the following reasons:

  • At the request of the company
  • Nonpayment of premium
  • Insured no longer has a financial or insurable interest in the property or business operation

When a policy is cancelled for any reason other than outlined above, a penalty of 10% of the prorated, unearned premium and/or minimum earned will apply.


To avoid a lapse in coverage, all outstanding issues must be addressed and/or payments must be received by BTIS prior to the cancellation date.

Payment Options
  • BTIS Financed - BTIS can arrange premium financing.
  • Full Annual Premium - The Producer may withhold commission and remit net payment in full.
  • Producer Financed - The Producer may arrange financing with their vendor of choice.
Certificates of Insurance

Evidence of insurance can be provided by the Agent.

Additional Insured Guidelines

These are not processed by BTIS. An Excess policy (subject to exclusions) is a following form policy and will follow the underlying carrier for coverage.

How do I get a renewal quote?

Our Excess program does not automatically renew, but getting a price indication for a renewal is easy. Simply fill out the online application, including the expiring policy number, and submit it to our Excess team.

Can BTIS finance this for me?

Yes, but please be aware that there is a minimum premium per million of coverage. With that, if the policy is cancelled, the the minimums will be kept by the company. Contact us with any questions.

This information is provided as a guideline only and is subject to change with or without notice.