Ironshore's Specialty Casualty unit is launching a new claims-made policy form for prospective insureds facing unique product liability challenges.
“The current pricing environment and recent product liability cases led to the development of a claims-made option including Recall Reimbursement Expense cover to benefit insureds and our broker partners in meeting the liability coverage needs in diverse industry segments. Ironshore seeks to underwrite coverage in the primary casualty market with a customized solution for product manufacturing risk,” said Tim McAuliffe, president of Ironshore Specialty Casualty.
Ironshore's “General Liability Claims-Made Advanced” form offers creative coverage solutions and flexible retention structures.
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