Ascot Expands Environmental Offering with Product Targeting Real Estate, Manufacturing, and Industry Clients
NEW YORK, NY – October 9, 2023 – Ascot – a global specialty risk organization – today announced the launch of Prime PREMIER, the latest addition to their Environmental insurance product portfolio. Prime PREMIER is a new environmental fixed-site pollution product designed to serve middle market to Fortune 1000 clients focused on real estate, manufacturing, distribution, warehousing, industrial and development.
Prime PREMIER – named for Protecting Real Estate, Manufacturing, and Industry from Environmental Risk — will position Ascot to meet the continued market demand for a simple and streamlined form that can solve complex, technical risks through detailed and technical underwriting.
“Today’s companies must be prepared for the event of unforeseen environmental perils,” said Ted Mavraganis, Senior Vice President, Environmental, and Head of Prime PREMIER. “We are thrilled to offer our new Prime PREMIER product, offering a simplified form with the flexibility to structure bespoke solutions for our clients’ most complex environmental risks. Our team has both deep underwriting expertise and dedicated claims handling that allows us to give these accounts the attention they require and the service they deserve.”
Prime PREMIER carries on the spirit of Ascot Environmental’s existing suite of Prime products, offering coverage for bodily injury, property damage and environmental damage caused by or resulting from a pollution event on, at, under or migrating from a covered location on a claims-made or first party discovery basis. The policy does not include a retroactive date and supplementary payments are provided outside the policy limits. To learn more about Ascot’s suite of Environmental offerings, visit the webpage here.
The information contained herein is intended for informational purposes only. Statements of coverage availability and scope are general in nature, subject to change and underwriting of any individual risk, and provide no guaranty or warranty of coverage, express or implied. Products and services are offered through insurance company affiliates within the Ascot Group. Not all products and services are available in every jurisdiction, and some may be available in the United States only on a surplus line basis through licensed surplus line brokers. The precise coverage afforded by any insurer is subject to the actual terms and conditions of the policies as issued. The publication and delivery of the information contained herein is not intended as a solicitation for the purchase of insurance on any US risk.
California Surplus Lines License: Ascot General Insurance Agency, Inc. License #: 0K61371