Chartis Adds Power Pack Protect Product for Power Generation Industry
The Chartis insurers have added PLL Power Pack Protect to the 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 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 product tailored to the environmental pollution risks associated with power generation and transmission systems.
- Risks Too Big for Insurers Just Fed a $200 Billion Market Boom in Captives
- Underwriters Wary of PFAS Amid ‘Superstorm’ of Litigation, Regulation
- Former NFL Player’s $43.5 Million Score in Medical Malpractice Case Upheld
- How One Florida Engineer Charged Others With Fraudulent Insurance Reports, Testimony