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Member, Beacon International Group, Ltd.
Ascent Underwriting, a London-based managing general agent, has launched a general liability coverage extension for small and mid-market businesses.
Available as an add-on to Ascent’s cyber liability coverage, which includes coverage network security and professional risks coverage, the new GL extension is designed as a more effective alternative for small and midsize firms that currently purchase separate technology, cyber liability and general liability insurance, the company said.
“Ascent’s ability to offer a comprehensive solution will eliminate some gray areas of coverage between cyber and traditional policies and ensure clients have access to comprehensive protection for both their current exposures and emerging risks,” Ascent Director Gareth Tungatt said last week in a statement.
Ascent’s GL extension provides coverage on an occurrence basis with separate limits for indemnity, the company said.