Starr Cos. add Umbrella Product to Small business policies

Starr Cos. has released a brand new business insurance umbrella liability policy, designed specifically for small-sized companies.

This product marks the subsequent phase in Starr’s developing suite of insurance options for small agencies. the industrial coverage umbrella policy complements the organisation’s enterprise owners coverage (BOP) and gives coverage limits up to $five million, in $1 million increments.

that is the first of many coverage extensions to the BOP policy in an effort to be brought inside the coming months. Starr defines small-sized businesses as the ones agencies with up to $15 million in annual sales and up to fifty employees.

Starr’s small commercial enterprise services are underwritten via Starr Indemnity & legal responsibility organization.

Starr Cos. (or Starr) is the global advertising call for the operating coverage and tour help companies and subsidiaries of Starr worldwide Co., Inc. and for the funding enterprise of C.V. Starr & Co., Inc. and its subsidiaries. Starr is an insurance and investment agency with a presence on 5 continents; through its running coverage companies, Starr provides assets, casualty, and coincidence & medical insurance merchandise as well as a number uniqueness coverages along with aviation, marine, electricity and excess casualty coverage. Starr’s coverage agency subsidiaries domiciled in the U.S., Bermuda, Hong Kong and Singapore.