Source: Business Wire, July 11, 2012
Posted on: http://envfpn.advisen.com
The Chartis insurers today announced the addition of PLL Power Pack ProtectSM to enhance their NextGen Protection suite of industry specific insurance products. PLL Power Pack Protect is designed to address environmental exposures associated with ancillary assets such as transmissions systems in the power generation industry.
Power generation is a continually growing and changing industry faced with an increasing amount of environmental risk exposure from ever more complicated and prevalent power transmission systems. Environmental pollution conditions at power transmission locations can cause financial hardship for the power generator, possibly affecting their ability to provide services to their customers or impacting their operating budget.
PLL Power Pack Protect is combined with Crisis Response and Crisis Management to provide an insurance solution tailored to the environmental pollution risks associated with power generation and transmission systems.
We believe this newest addition to the suite of innovative NextGen Protection products strengthens our customers’ efforts to take a proactive approach to managing the environmental exposures associated with this constantly evolving and growing industry, said Lana Keppel, Chartis Environmental Division Executive.
Drawing on its nearly three decades of experience in the environmental insurance marketplace, Chartis continues to identify industry classes that face potential exposure to environmental liability from facilities they own or operate and products and services they provide.
For more information regarding NextGen Protection from Chartis, please dial 1-800-348-4314 or e-mail environmental@chartisinsurance.com.
About Chartis
Chartis is a world leading property-casualty and general insurance organization serving more than 70 million clients around the world. With one of the industry’s most extensive ranges of products and services, deep claims expertise and excellent financial strength, Chartis enables its commercial and personal insurance clients alike to manage virtually any risk with confidence.
Chartis is the marketing name for the worldwide property-casualty and general insurance operations of Chartis Inc. For additional information, please visit our website at http://www.chartisinsurance.com. All products are written by insurance company subsidiaries or affiliates of Chartis Inc. Coverage may not be available in all jurisdictions and is subject to actual policy language. Non-insurance products and services may be provided by independent third parties. Certain coverage may be provided by a surplus lines insurer. Surplus lines insurers do not generally participate in state guaranty funds and insureds are therefore not protected by such funds.