Arch increases limits on contract binding coverage

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Arch increases limits on contract binding coverage
Posted on : 26 Sep 2013, 18:41

Arch Insurance Group has launched an increased limits product of up to $5 million on its general liability coverage in the newly-formed contract binding operations.

The Arch Contract Binding Operations unit, which started operations earlier this year, offers general liability to select and difficult-to-place small and medium size commercial customers through a network of wholesalers countrywide.

Glenn Yanoff, senior executive vice president & head of Contract Binding Operations said: "This new product is a very powerful addition to our agent network with many additional products at varying stages of development and deployment. Arch continues to apply significant resources and is dedicated to becoming a leader in the Contract Binding arena."

Arch, Contract Binding Operations unit, Glenn Yanoff, Insurance