Bexil (OTCMKTS:BXLC) Corporation (OTCMKTS:BXLC) is a specialty insurance and reinsurance company based in New York City. Through its principal subsidiary, Bexil American Insurance Company, the firm underwrites a diverse range of property and casualty risks. Its underwriting portfolio includes commercial auto, general liability, property damage, professional liability and surety bonds. Bexil maintains binding authority arrangements with retail insurance brokers and managing general agents, allowing it to tailor solutions for small and mid‐sized businesses across various industries.
In addition to its underwriting operations, Bexil provides premium financing services to policyholders through its wholly owned financing subsidiary. This offering allows businesses to spread insurance costs over multiple payments, improving cash flow and easing budget management. Bexil’s financing arm works closely with insurance agents and brokers, leveraging automated platforms to streamline application processing, credit evaluation and billing.
Founded in the early 1980s, Bexil has gradually expanded its footprint beyond the U.S. domestic market. While its core underwriting activities remain focused on North America, the company has cultivated relationships with international brokers and reinsurers, enabling access to global risk pools and alternative sources of capacity. This international reach supports Bexil’s goal of diversifying its book of business and responding to evolving client needs in specialty and emerging classes of risk.
Led by a management team with deep industry experience in underwriting, risk management and financial services, Bexil emphasizes disciplined underwriting practices and conservative reserving. The company’s senior leadership brings backgrounds in actuarial science, brokerage operations and regulatory compliance, underpinning its commitment to operational efficiency and long‐term financial stability. Bexil continues to explore strategic partnerships and technology investments to enhance service delivery and drive sustainable growth in the specialty insurance sector.
