Wausau Unveils Excess/Umbrella Policy

Wausau Insurance has announced a proprietary excess/umbrella liability Insurance policy to provide coverage over and above the limits of primary insurance policies.

“Our excess/umbrella coverage is for proactive companies with the foresight to prepare for the unexpected,” said Joe Gilles, president and CEO of the Wausau, Wis.-based insurer, a member of the Liberty Mutual group.. “In a litigious world, insufficient coverage and the financial vulnerability of business poses a bigger risk than ever before. Our excess/umbrella can help manage these risks through our personal approach of expertise and decisiveness.”
Wausau’s enhanced excess/umbrella policy features:

—Coverage that picks up where scheduled underlying policies leave off
—Coverage over and above the limits of primary insurance policies
—Experienced underwriters tailoring coverage to unique situations
—Coverage for non-employment-related discrimination
—Coverage for vicarious liability arising from intentional acts
—Umbrella coverage is worldwide

Wausau’s two-part approach:
—Coverage A: Excess Follow Form Insurance can provide follow form for a wide range of coverages.
—Coverage B: Umbrella Liability Insurance provides commercial umbrella liability coverage not covered by scheduled underlying insurance.

Topics Excess Surplus