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Lexington Focuses on New Products, Creativity, to Get Through Soft Market

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Creativity, innovation and product diversification are key to a company's success in this soft market, says Matthew Power, executive vice president of Lexington Insurance Co.

Since the beginning of 2010, the company has released several new products, including CarbonCover® for architects and engineers, a self storage program and the Lex NanoShield℠ for technology companies. All these products target different industries, but Power says the purpose of them is to show insureds that Lexington is staying ahead of the curve. In this video, Power discusses these new products and how excess & surplus brokers can stay ahead of the competition.

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