An alternative insurance market solution for fuel distributors, whose coverage options have been dwindling over the past decade, will be available in early May, according to Liberty Mutual Alternative Markets.
Part of Liberty Mutual Group and Conifer Energy, Liberty Mutual Alternative Markets said it is offering the Energi program fuel marketers' captive program–a cell within a rent-a-captive insurer domiciled in Bermuda.
The program lets full-service retail and wholesale energy distributors obtain a complete property and casualty insurance package from one source rather than placing coverage through multiple channels, according to the company.
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