Excess Liability Coverage

Nuts & Bolts:
AIG Excess Casualty, a division of American Home Assurance Company, part of American International Group Inc., introduced xsInResponse, a product that provides excess liability coverage for risks previously covered by an insurance carrier that is now insolvent. Available as an endorsement to AIG Excess Casualty’s commercial umbrella liability policy, Umbrella Prime, xsInResponse allows policyholders to reduce insolvency-related vulnerabilities in excess liability insurance programs dating back to 15 years. xsInResponse coverage is claims-made coverage that responds to incurred but not reported claims.

UmbrellaPrime, available with up to $50 million in limits, also includes crisis management funds, access to professional expertise and immediate, 24/7 access to specialists who can help companies manage a crisis, even before a claim is filed.

Dollars:
The endorsement to commercial umbrella has $50 million in available limits, $1 million trailing SIR and no minimum premium.

Carrier:
Underwritten through AIG Excess Casualty, nonadmitted.

States Available:
All.

Contact:
Richard Tallo, (212) 458-6104 or richard.tallo@aig.com.