New Starr Environmental Shield Product Targets Manufacturing-Related Risks

Starr Insurance Cos. has introduced Environmental Shield, a customized environmental insurance product that covers multiple manufacturing risks with a single underwriter overseeing and streamlining the design.

Starr developed the Shield product in response to the needs of companies around the world facing a new level of risk from having to meet a growing number of environmental compliance and regulatory requirements across numerous jurisdictions.

According to Brad Dodge, head of Starr’s Environmental division, Shield works to address the increasingly complex array of manufacturing environmental risks.

The product offers a single-point-of-contact underwriter to customize a package of multiple coverages – including workers’ compensation and commercial automobile in addition to several pollution-specific exposures and availability of excess capacity.

Starr Insurance Companies (or Starr) is a marketing name for the operating insurance and travel assistance companies and subsidiaries of Starr International Company, Inc. and for the investment business of C. V. Starr & Co., Inc. and its subsidiaries. Starr provides property, casualty, and accident and health insurance products as well as a range of specialty coverages including aviation, marine, energy and excess casualty insurance.