Members who renew their policies with AEGIS are eligible for premium credits that help lower the long-term cost of risk, which is one of the many benefits that distinguish AEGIS from the commercial insurance market. AEGIS has declared more than $2.09 billion in credits over the life of the program.
The credit program includes policies written for individual products as well as the Member Loyalty Credit. The loyalty credit is paid to members who purchase four or five of the following AEGIS products in a given year: Excess Liability, D&O, Property, Renewable Energy, Workers’ Compensation, Cyber, Contingent Outage or Capacity Performance. The Member Loyalty Credit for four products is equal to 20% of the sum of all products’ premium credits and for five products the credit is 40%. The Member Loyalty Credit is paid in the form of a check. The credits for individual products are paid in the form of a credit against future premiums. A credit program is also available for eligible policyholders who purchase coverage written by AEGIS London.
Loyalty is the cornerstone of our mutual relationship and we are pleased to recognize and reward our members’ loyalty with these programs.