Overland Park, Kan.-based GE Commercial Insurance, a division of GE’s Employers Reinsurance Corp. (ERC), announced it has increased its capacity to write umbrella and
follow form excess coverage underwritten by the specialty excess and surplus lines individual risk unit. This unit underwrites business submitted through select wholesale brokers.
The specialty E&S individual risk unit of GE Commercial Insurance now has capacity to write umbrella and follow form excess policy limits of $5 million. This includes lead and excess umbrella layers. The new limits are available to the broker market on policies written
effective Feb. 1, 2004.
Examples of classes considered by GE Commercial Insurance in the E&S individual risk underwriting unit include: Agricultural; alarm dealers, installation and service companies; amusement parks, athletic equipment manufacturing; commercial artisan contractors; commercial real estate; component parts manufacturing; consumer products; food processing; habitational; hotels/motels; industrial products manufacturing; restaurants and bars, including liquor; wholesale distributors.
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