OneBeacon Broadens International Coverage Capabilities

August 3, 2010

OneBeacon Insurance Group has expanded its international capabilities through broadened coverages: international kidnap and ransom, and international business travel accident. These coverages target several of the company’s specialty segments with international exposures, specifically technology, energy, financial services and property and inland marine customers. The new coverages are available to current OneBeacon policyholders within these segments at renewal, as well as to new clients beginning August 1.

OneBeacon Insurance Group has expanded its international capabilities through broadened coverages: international kidnap and ransom, and international business travel accident. These coverages target several of the company’s specialty segments with international exposures, specifically technology, energy, financial services and property and inland marine customers. The new coverages are available to current OneBeacon policyholders within these segments at renewal, as well as to new clients beginning August 1.

OneBeacon International Manager Jeff Capanna says, “our goal is providing critical global coverages in a seamless manner. As these coverages are built on our @vantage product platform, we’ve simply expanded the current package policy and thereby eliminated the need to purchase these coverages on a standalone basis.”

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