Ironshore Launches Product Liability Endorsements for Manufacturers
Ironshore Specialty Casualty has created a new suite of endorsements to address the products liability exposure of manufacturers and distributors. Coverage is underwritten on a primary basis with limits available of up to $5 million on an occurrence or claims-made basis. Ironshore’s customized manufacturer-specific endorsements provide coverage for the insureds’ vendors and additional insureds to meet common industry contractual requirements.
Ironshore’s suite of new endorsements also provides limited professional liability coverage and Crisis ThreeSixty, a crisis response service with recall reimbursement of up to $150,000 in addition to the primary policy limit.
Target classes of business include but are not limited to fabricated metal products (non-structural), consumer products, transportation products, sports equipment, and industrial machinery, equipment and components.
Ironshore provides broker-sourced specialty property and casualty insurance coverages for varying risks on a global basis through its multiple international platforms.
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