Wednesday, March 1, 2023
HomeInsuranceAllied World launches revised environmental bundle coverage

Allied World launches revised environmental bundle coverage

Allied World launches revised environmental package policy

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 structure and extra complete protection, the corporate stated. The coverage is designed for fixed-site facility and repair business purchasers, and gives conventional normal legal responsibility, environmental legal responsibility {and professional} legal responsibility coverages.

New options embody:

  • 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 out there by endorsement

Learn subsequent: Allied World faucets new head of US packages

“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 can 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 providing for business purchasers, whereas Distinguished Applications and SiriusPoint partnered on an environmental providing.

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