Endurance Global Risk Solutions Launches Environmental Liability Product
(Thomson Reuters ONE) -
PEMBROKE, Bermuda - August 8, 2016 - Endurance Specialty Holdings Ltd.
(NYSE:ENH), a Bermuda-based specialty provider of property and casualty
insurance and reinsurance, announced today that it has launched a new series of
environmental liability insurance products, offering both primary and excess
coverage for single sites or property portfolios. Endurance's new products
include a site environmental impairment liability product, which provides eight
different coverage options and can be purchased individually or bundled into a
comprehensive environmental liability program, an owner controlled insurance
program providing environmental liability coverage for new development, and a
new excess environmental product.
These new products are being offered by Endurance Global Risk Solutions, a new
business line within Endurance Insurance targeting middle market and large
account risk management clients within select global industry verticals. The new
platform, headed by Michael Chang, CEO of Global Risk Solutions, writes all
property and casualty lines of business, including environmental liability and
is initially focused on the Real Estate & Hospitality, Financial Institutions
and Professional Services industries in the U.S.
Josh Pillion, Senior Vice President, Environmental Product Leader for Global
Risk Solutions, commented "We have developed a state-of-the-art site specific
environmental liability product with one of the broadest forms in the
marketplace. Further, we are the only market in the environmental insurance
space that is focused specifically on industry verticals and can provide an
integrated multi-line solution to our client base. Our specialists have deep
technical knowledge of environmental exposures specific to these industries and
can tailor our broad coverage options to the unique needs of each client."
Mr. Chang added, "With our new Global Risk Solutions platform, Endurance has
built a holistic service model offering a broad range of products to clients in
the industries where we have deep expertise. We are extremely pleased to add new
environmental coverages, complementing the current suite of Endurance products
and further enhancing our multi-line capabilities. With a combination of
industry specialists and product expertise, we bring to each account dedicated
underwriting, loss control and claims resources that truly understand and can
address the exposures unique to our clients."
About Endurance Specialty Holdings
Endurance Specialty Holdings Ltd. is a global specialty provider of property and
casualty insurance and reinsurance. Through its operating subsidiaries,
Endurance writes agriculture, professional lines, property, marine and energy,
and casualty and other specialty lines of insurance and catastrophe, property,
casualty, professional lines and specialty lines of reinsurance. We maintain
excellent financial strength as evidenced by the ratings of A (Excellent) from
A.M. Best (XV size category) and A (Strong) from Standard and Poor's on our
principal operating subsidiaries. Endurance's headquarters are located at
Waterloo House, 100 Pitts Bay Road, Pembroke HM 08, Bermuda and its mailing
address is Endurance Specialty Holdings Ltd., Suite No. 784, No. 48 Par-la-Ville
Road, Hamilton HM 11, Bermuda. For more information about Endurance, please
visit www.endurance.bm.
Contact
Investor Relations
Phone: +1 441 278 0988
Email: investorrelations(at)endurance.bm
# # #
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Source: Endurance Specialty Holdings Ltd via GlobeNewswire
[HUG#2033880]
Unternehmensinformation / Kurzprofil:
Datum: 08.08.2016 - 22:10 Uhr
Sprache: Deutsch
News-ID 487882
Anzahl Zeichen: 4476
contact information:
Town:
Pembroke
Kategorie:
Business News
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"Endurance Global Risk Solutions Launches Environmental Liability Product"
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