NEW YORK, April 21, 2017 /PRNewswire/ -- XL Catlin's
Multinational Casualty business introduces a new international
liability coverage form designed to help US-based multinational
companies address their most complex casualty needs.
According to Jim Barbuti, Head of
Multinational Casualty in XL Catlin's Global Risk Management
business, "Operating in today's global economy is complex.
Clients seek solutions that are tailored to meet their needs and
policy language that is clear and easy to understand. Our new
form takes all of the benefits that a traditional XL Catlin
multinational casualty program is known for, broadens cover in key
areas and streamlines policy language."
A key element of a successful multinational casualty program is
the coordination of coverage territory between the domestic general
liability and the international liability policies. XL
Catlin's International Liability policy addresses this
challenge. According to Mr. Barbuti, "We understand the
uncertainties clients face in managing global operations.
While standard policy forms can be amended to address these
exposures, our new form provides a simplified approach for our
clients."
XL Catlin's Global Risk Management business provides integrated
global primary casualty insurance programs for US-based companies'
operations. Our programs are designed to match our clients'
geographic footprint. Available coverages for multinational
businesses include general liability, excess commercial auto,
foreign voluntary workers compensation and employers' liability.
Through its global network, the XL Catlin insurance companies
can offer insurance coverage in more than 215
countries.
About XL Catlin Insurance Operations
XL Catlin insurance companies offer property, casualty,
professional, financial lines and specialty insurance products
globally. Businesses that are moving the world forward choose XL
Catlin as their partner. To learn more,
visit xlcatlin.com.
About XL Catlin
XL Catlin is the global brand used by XL Group
Ltd's (NYSE:XL) insurance and reinsurance companies which
provide property, casualty, professional and specialty products to
industrial, commercial and professional firms, insurance companies
and other enterprises throughout the world. Clients look to XL
Catlin for answers to their most complex risks and to help move
their world forward. To learn more, visit xlcatlin.com.
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SOURCE XL Catlin