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NEW YORK—Beazley P.L.C. has announced a new product focused on complicated directors and officers coverage for multinational corporations.
Underwritten by the Beazley syndicates at Lloyd's of London, Beazley Bridge provides simplified standard coverage for executives abroad through one contract that covers more than 65 different countries. The coverage can be added to pre-existing plans and eliminates the need for translating forms from different languages.
“The old solutions were very time-consuming,” said Marc London, the New York-based head of Beazley's U.S. management liability team.
The policy limit goes up to $20 million. There is no deductible, though premiums will vary by country.
For more information, contact Mr. London at 646-378-4012 or firstname.lastname@example.org