Wausau Insurance has announced a proprietary excess/umbrella liability Insurance policy to provide coverage over and above the limits of primary insurance policies.
“Our excess/umbrella coverage is for proactive companies with the foresight to prepare for the unexpected,” said Joe Gilles, president and CEO of the Wausau, Wis.-based insurer, a member of the Liberty Mutual group.. “In a litigious world, insufficient coverage and the financial vulnerability of business poses a bigger risk than ever before. Our excess/umbrella can help manage these risks through our personal approach of expertise and decisiveness.”
Wausau’s enhanced excess/umbrella policy features:
鈥擟overage that picks up where scheduled underlying policies leave off
鈥擟overage over and above the limits of primary insurance policies
鈥擡xperienced underwriters tailoring coverage to unique situations
鈥擟overage for non-employment-related discrimination
鈥擟overage for vicarious liability arising from intentional acts
鈥擴mbrella coverage is worldwide
Wausau’s two-part approach:
鈥擟overage A: Excess Follow Form Insurance can provide follow form for a wide range of coverages.
鈥擟overage B: Umbrella Liability Insurance provides commercial umbrella liability coverage not covered by scheduled underlying insurance.
Topics Excess Surplus
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