Allied World, a supplier of environmental casualty insurance coverage, has introduced the launch of a revised environmental bundle coverage.
The revised coverage gives a brand new, redesigned format and extra complete protection, the corporate stated. The coverage is designed for fixed-site facility and repair trade purchasers, and supplies conventional common legal responsibility, environmental legal responsibility {and professional} legal responsibility coverages.
New options embrace:
- Quotations and binders that spotlight chosen coverages in a menu-based format
- Devoted insuring agreements now constructed into the coverage
- Product withdrawal expense and enterprise interruption prices obtainable by endorsement
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“We’re dedicated to offering personalized insurance coverage options for our dealer companions and prospects,” stated Marcel Ricciardelli, senior vp of Allied World’s North America Environmental Division. “Our revised major environmental bundle coverage gives enhanced capabilities that may enhance efficiencies and develop protection choices.”
Allied World is the most recent insurer to develop its environmental protection. In January, Zurich Resilience Options launched a climate-related offering for industrial purchasers, whereas Distinguished Programs and SiriusPoint partnered on an environmental providing.
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