Everest Insurance™ Announces Expansion of Environmental Offering
Everest Insurance™ announces the expansion of their Environmental offering with their new ESP™ policy form. ESP™ is a mono-line site pollution policy form that includes coverage available for both new and pre-existing pollution conditions for bodily injury, property damage, and cleanup costs.
New York, NY (November 10, 2016) – Everest Insurance™ announces the expansion of their Environmental offering with their new ESP™ policy form. ESP™ is a mono-line site pollution policy form that includes coverage available for both new and pre-existing pollution conditions for bodily injury, property damage, and cleanup costs. Enhancements available include coverage for non-owned location pollution liability, transportation pollution liability and business interruption expenses.
Tom Barrett, Head of Environmental at Everest Insurance™ commented, “We are pleased to add a monoline site pollution offering to our growing product set at Everest. Our new ESP™ policy form was developed with the input of our valued trading partners and insureds, and we are very appreciative of their input and assistance in this process.”
The Everest ESP™ offering includes loss control services and many unique and customizable endorsements and enhancements on A+ XV paper to meet the needs of manufacturing facilities, strip malls, office buildings, public entities, schools and universities.
Connie Germano, Head of Specialty Casualty at Everest Insurance™ added, “At Everest we focus on the thoughtful assumption of risk while seeking mutual success with our trading partners. We are always looking to innovate and evolve, and are pleased to provide this new mono-line site pollution policy to meet the needs of our insureds.”
Everest Re Group, Ltd. is a Bermuda holding company that operates through the following subsidiaries: Everest Reinsurance Company provides reinsurance to property and casualty insurers in both the U.S. and international markets. Everest Reinsurance (Bermuda), Ltd., including through its branch in the United Kingdom, provides reinsurance and insurance to worldwide property and casualty markets and reinsurance to life insurers. Everest Reinsurance Company (Ireland), dac, provides reinsurance to non-life insurers in Europe. Everest Insurance® refers to the primary insurance operations of Everest Re Group, Ltd., and its affiliated companies which offer property, casualty and specialty lines insurance on both an admitted and non-admitted basis in the U.S. and internationally. The Company also operates within the Lloyd's insurance market through Syndicate 2786. In addition, through Mt. Logan Re, Ltd., the Company manages segregated accounts, capitalized by the Company and third party investors that provide reinsurance for property catastrophe risks. Additional information on Everest Re Group companies can be found at the Group’s web site at www.everestregroup.com.