Excess and surplus (E&S) lines insurance

{
  "id": "MLC-T-INS-001367",
  "term": "Excess and surplus (E&S) lines insurance",
  "field": "Insurance and risk management",
  "definition": "A segment of the insurance market that covers unique, unusual, or high-risk exposures that standard admitted carriers are unwilling or unable to insure. E&S carriers are not licensed in every state where they write business, allowing them greater flexibility in policy forms and rates. This market provides coverage for emerging risks, difficult-to-place risks, and those requiring highly customized solutions.",
  "url": "https://mlchart.com/terminology/insurance/excess-and-surplus-e-and-s-lines-insurance/"
}