eMaxx Launches New Commercial Property Program through the eMaxx Reciprocal Insurance Exchange

A policyholder-owned alternative for commercial building owners facing premium volatility, disputed replacement cost valuations, and limited recognition for proactive risk management investments

TAMPA, Fla.--(BUSINESS WIRE)--eMaxx today announced the launch of its new Commercial Property Program, powered by the eMaxx Reciprocal Insurance Exchange. The program is designed for commercial property owners who invest in their properties, maintain strong risk management practices, and meet defined standards for protection against hurricanes, wildfires, and other catastrophic events.

The Commercial Property Program is intended to address concerns surrounding premium volatility, replacement cost valuations, and challenges associated with the handling and resolution of property claims. Coverage is available to qualifying commercial property owners with similar risk profiles, including those who invest in proactive maintenance and whose properties meet Highly Protected Risk Catastrophe (HPRCAT) standards. These standards include strong construction, robust fire protection, and disciplined hazard management. Members purchase insurance through an A.M. Best A rated insurance company, with the eMaxx Reciprocal Insurance Exchange participating as a reinsurer.

“This program is designed for commercial building owners who have made meaningful investments in their properties and risk management practices,” said Megan P. McCarthy, President of eCaptiv. “By combining HPRCAT standards with a policyholder-owned structure, the program creates greater alignment among Members, risk management practices, and long-term performance.”

The policyholder-owned structure is designed to support reasonable replacement cost valuations and align long-term financial outcomes with loss performance. The program operates as a variable cost insurance program through eCaptiv, eMaxx’s sponsored captive organized as a mutual benefit corporation with protected cell structures. Additional limit capacity is available through facultative reinsurance.

“The Commercial Property Program reflects the benefits of the Reciprocal model,” said Zekia Washington, Vice President of Reinsurance and Product Development at eMaxx. “Members who maintain strong standards and achieve favorable results may benefit from the financial performance of the program.”

Established under Arkansas law and owned by its policyholder Subscribers, the eMaxx Reciprocal Insurance Exchange provides commercial property and casualty solutions as both an insurer and reinsurer. Through participation in the program, each Member also becomes a Subscriber, aligning ownership, governance, risk management, and financial accountability. The Commercial Property Program is open to qualifying businesses that meet HPRCAT standards, as well as the brokers and agents who represent them. Interested businesses and their representatives may contact eMaxx for additional information regarding eligibility and enrollment.

About eMaxx

eMaxx is a specialty, tech-enabled Managing General Agent and Attorney-in-Fact providing commercial property and casualty insurance and reinsurance solutions through policyholder-owned alternative risk insurance programs. The Company delivers alternative risk solutions supported by technology and risk management services in response to structural changes in the traditional property and casualty insurance market. eMaxx Insurance Services, LLC produces commercial property and casualty insurance products as a retailer, wholesaler, program administrator, and Attorney-in-Fact. eTechnology Services, LLC provides underwriting, loss prevention, training, and telematics technology platforms. eRisk Solutions, LLC delivers claims management and oversight, litigation management, subrogation recovery, loss prevention and safety services, claims investigation, and environmental claims management. eCaptiv LLC is a licensed sponsored captive insurance company offering captive commercial property and casualty insurance programs. eMaxx Reciprocal Insurance Exchange is a commercial property and casualty reciprocal insurer owned by its policyholder Subscribers. More information can be found at: https://www.emaxxgroup.com.