Everest Opens Up Distribution of its Environmental Insurance Products

June 26, 2008

Everest Indemnity Insurance Co., a U.S. insurance subsidiary of Everest Re Group, Ltd., said it will now offer its environmental insurance products directly to the wholesale and retail markets. Formerly these products were only available through an exclusive arrangement with a managing general agent.

This product line provides pollution liability coverage for contractors, professional environmental consultants, environmental contractors, motor vehicle, waste facilities and site specific pollution.

Everest offers these products in all 50 states, including the District of Columbia.

Everest also offers claims and loss control services, including the ability to access a certified industrial hygienist with environmental consultant work experience in managing environmental abatement projects.

According to the company, the MGA Everest used was recently bought out by another insurance company and the exclusive was then cancelled.

Everest Indemnity Insurance Co. is rated A+ (Superior) by A.M. Best.

Source: Everest Re Group

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