Liability Insurer Readers Choice
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CHARTIS INC.
Chartis Inc.'s focus on delivering innovative products for liability coverage has led to the release of 27 products in the United States during the past year, said Russell Johnston, executive vp and chief operating officer of Chartis U.S.
Chartis' appetite to write liability business is broad, “as our brokers and customers have come to know,” Mr. Johnston said.
Business Insurance readers voted New York-based Chartis, a unit of American International Group Inc., as the best liability insurer in the 2010 Readers Choice Awards.
This month, Chartis expanded industries addressed by NextGen Protection, a suite of environmental insurance solutions developed by its environmental division. PLL MuniProtect for municipalities and PLL REAL Protect for commercial real estate join eight other industry segments covered by NextGen Protection.
Other recent introductions include Executive Edge, a policy to address risks faced by directors and officers of public firms, which provides protection when insured companies refuse or otherwise fail to indemnify their executives.
In addition, Lexington Insurance Co., a Chartis company, has introduced CarbonCover Design & Confirm, which broadens its architects and engineers professional liability coverage to respond to claims arising from greenhouse gas consulting and emission-reduction verification services.
“Some of the innovations that we have come out with from a product perspective are because we listen to our customers very well,” Mr. Johnston said. “As their needs change, we will continue to innovate products that help them in their business every day.”
SILVER CIRCLE
ACE LTD.
Chubb Group of Insurance Cos.
