New York, NY (March 2, 2017) – Everest Insurance® announces the expansion of their Environmental offering with their new Everest Environmental Apex™ policy form. This latest product from the Everest Insurance® Environmental team provides customers with up to $10,000,000 in capacity in a lead or excess position with the ability to schedule General Liability, Auto, Employers Liability, Contractors Pollution, Professional Liability, Transportation Pollution, Products Pollution and Site Pollution. The Everest Environmental Apex™ policy form can be written in support of primary Everest Environmental policies, or provide unsupported excess coverage over another carrier.
Tom Barrett, head of Environmental commented, “We are excited to be able to add this new form, and the associated excess capabilities, to fill the needs of our valued trading partners. Everest prides itself on innovation and adding risk transfer product offerings that meet the ever evolving marketplace needs.”
Everest Insurance®'s Environmental offering includes General Liability, Contractors Pollution, E&O, Products Pollution, Transportation Pollution, Site Pollution (ESP™), Auto Liability and Workers Compensation designed to meet the needs of environmental contractors and consultants, as well as manufacturers and distributors of industrial chemicals, tanks and valves. The Everest Environmental Apex™ offering allows all pollution coverages to be scheduled in the underlying, and is written on A+ XV paper.
For additional information, please contact:
Head of Environmental
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), Limited provides reinsurance to non-life insurers in Europe. Everest National Insurance Company and Everest Security Insurance Company provide property and casualty insurance to policyholders in the U.S. Everest Indemnity Insurance Company offers excess and surplus lines insurance in the U.S. Everest Insurance® Company of Canada provides property and casualty insurance to policyholders in Canada. 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. 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 nonadmitted basis. Additional information on Everest Re Group companies can be found at the Group’s web site at www.everestregroup.com.