Allied world assurance company Holdings, AG announced the
release of a Bermuda’s “Thirty2°/Sixty4°” suite that addresses a huge range of
legal responsibility exposures currently going through groups and their
executives and employees.
The suite offers five number one coverage components:
administrators & officers legal responsibility, Employment Practices
liability (EPL), hired attorneys insurance, Fiduciary liability, and wage &
Hour insurance. clients have the capability to purchase the complete bundle or
integrate only the unique components they need, with the choice to select
separate or shared limits, in keeping with the employer.
Sr. V.P. Ed Moresco, Bermuda and international expert
liability Product Line supervisor, said the product fills a void within the
Bermuda marketplace, allowing customers to mix some of control legal
responsibility coverages right into a single number one policy, with custom
designed limits and retentions.
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