Alteris Launches Specialty Insurance Program for Large Water-Related Entities
Alteris Insurance Services Inc. has launched a new specialty insurance program for large water-related entities in the contiguous U.S. (excluding Alaska and Hawaii).
Alteris’s new coverage provides protection to large water-related facilities (water, sewer, reclamation and irrigation districts)—up to $11 million in capacity—against property and liability losses that can result from the treatment, storage and distribution of water.
The coverages include general liability, auto liability, employment practices liability, public officials liability and law enforcement professional liability.
The new program will be managed through Alteris Public Risk Solutions, a division of Alteris that provides insurance products and services to governmental entities and self-insured governmental pools.
Alteris is a wholly-owned subsidiary of Argo Group International Holdings Ltd., an international underwriter of specialty insurance and reinsurance products. Alteris Inc. and Alteris Insurance Services, Inc., operates through three business divisions: Strategic Markets, Alternative Risk, and Commercial Subsets. Alteris offers managing general agencies and insureds access to products for specialty programs and alternative risks including program placement, risk bearing options, capital support, strategic alliances, policy systems solutions, claims services, and reinsurance programs.
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