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Everest Insurance expands construction builders risk policy

Everest Insurance expands construction builders risk policy

Everest Re Group Ltd. on Thursday said its primary insurance operation, Everest Insurance, has expanded its construction builders risk offering with a suite of new policy forms. 

The forms offer commercial builders risk coverage products targeting project-specific builders risk, master builders risk, specified perils and excess of loss, Hamilton, Bermuda-based Everest Re said in a statement.

The offering includes capacity up to $250 million in limits offered on both an admitted and nonadmitted basis depending on geographical jurisdiction.

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