Coverage Highlights

Basis of coverage

• Claims reported policy
• Insured controls defense of any claim
• Application is fully severable for all insureds

Coverage available

•  Auto coverage for new additional insured organizations subject to underwriting
• No prior and/or pending litigation exclusion
• Defense costs coverage for WARN Act claims
• Annual bordereau reporting of all non-material claims matters
• Alternative venues for arbitration hearings

Coverage notes

• Modified hammer clause
• Broad definition of employment practices liability
• Broad definition of employee

Optional coverage available

• Third-party coverage
• Sensitivity and re-education training

Coverage extensions to qualified insured

• Joint venture extension
• Parent company extension

Coverage Amounts

Minimum policy deductible: U.S. $1 million each claim

Coverage Limits

$25 million

Appetite & Availability

Targeted classes

All industry groups except banks with investment banking operations, teaching institutions and sports teams

Excluded classes

Banks with investment banking operations, teaching institutions and sports teams

Geographic availability

• Asia
• Australasia
• Bermuda
• Canada
• Central and South America
• Continental Europe
• Middle East and North Africa
• United Kingdom
• United States

Additional Information

Distribution: Bermuda and non-U.S. domiciled brokers