XL Group Adds Pollution Insurance Protection for Food and Beverage Industry in
EXTON, Pa., March 19, 2013
EXTON, Pa., March 19, 2013 /PRNewswire/ -- To recover from accidental ammonia
discharges, pathogen contamination or wastewater treatment gone awry, the food
and beverage industry now has a new pollution insurance policy option from XL
Group's Environmental team that helps address their environmental liability,
clean up and disaster response concerns.
"Few food and beverage businesses can afford a disruption to their operations
in the event of a pathogen outbreak or other accidental pollution incident,"
according to Matthew O'Malley, President of XL Group's North America
Environmental business, "These incidents can be costly and time consuming.
Fortunately, new tailored environmental insurance coverage can help food and
beverage businesses quickly address and clean up if contamination or pollution
conditions arise at their facilities."
"Given some very high-profile contamination and recall cases in the news,
we've worked hard to develop a policy that carefully addresses the
environmental issues and expense concerns that can keep food and beverage
company executives up at night," explained Matt. "The result is a coverage
more tailored and applicable to the real risks that can cause problems in
their operation or harm their bottom line."
XL Group's Environmental Food and Beverage policy provides the standard
Pollution and Remediation Legal Liability coverage that has been offered by XL
Group's Environmental business for nearly three decades, offering financial
protection for on and off-site bodily injury and property damage claims as
well as cleanup and legal expenses.
XL Group's tailored Environmental Food and Beverage Industry policy adds
protection for both disinfection and disaster response expenses including:
oCosts to clean and disinfect storage areas and processing equipment
oDisaster response advisory expenses
oTemporary living expenses
The enhanced pollution policy is available from XL Group's insurance
companies, Greenwich Insurance Company and Indian Harbor Insurance Company.
XL Group's environmental insurance coverage also includes a variety of loss
prevention services such as assistance from an in-house consulting staff and
dedicated environmental claims specialists.
About XL's Insurance Operations
XL Group plc's (NYSE:XL) insurance companies offer property, casualty,
professional and specialty insurance products globally. Businesses that are
moving the world forward choose XL as their partner. To learn more, visit
XL Group is the global brand used by XL Group plc's insurance subsidiaries.
About XL Group plc
XL Group plc, through its subsidiaries, is a global insurance and reinsurance
company providing property, casualty and specialty products to industrial,
commercial and professional firms, insurance companies and other enterprises
throughout the world. XL is the company clients look to for answers to their
most complex risks and to help move their world forward. Its principal offices
are located at No.1 Hatch Street Upper, 4^th Floor, Dublin 2, Ireland. To
learn more, visit www.xlgroup.com
SOURCE XL Group
Contact: Christine Weirsky, Media Relations, +1-610-968-9395
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