AP NEWS

Starr Insurance Companies Introduces Starr CIP Enterprise to Fill Construction Liability Gap

September 20, 2018

NEW YORK--(BUSINESS WIRE)--Sep 20, 2018--Starr Insurance Companies today introduced Starr CIP Enterprise, a mono-line general liability construction wrap-up insurance policy. The new product is designed for property owners and contractors who need tailored primary and excess general liability coverage for single large construction projects.

“Starr CIP Enterprise fills a gap for clients whose existing primary and excess liability coverages often don’t align, leaving potential liability exposures,” said Andy Robinson, senior vice president, primary and excess construction. “This new policy is available through a select set of trusted wholesalers who specialize in construction. These wholesalers know their clients well, and they know us well. As a result we will be able to deliver a faster, more efficient underwriting process for our construction clients.”

Contractors and property owners can access the exclusive Starr CIP Enterprise wholesaler network through their insurance broker.

About Starr Insurance Companies

Starr Insurance Companies (or Starr) is the worldwide marketing name for the operating insurance and travel assistance companies and subsidiaries of Starr International Company, Inc. and for the investment business of C. V. Starr & Co., Inc. and its subsidiaries. Starr is a leading insurance and investment organization with a presence on five continents; through its operating insurance companies, Starr provides property, casualty, and accident and health insurance products as well as a range of specialty coverages including aviation, marine, energy and excess casualty insurance. Starr’s insurance company subsidiaries domiciled in the U.S., Bermuda, China, Hong Kong, Singapore and U.K. each have an A.M. Best rating of “A” (Excellent). Starr’s Lloyd’s syndicate has a Standard & Poor’s rating of “A+” (Strong).

Visit us at www.starrcompanies.com or follow us LinkedIn and Twitter.

View source version on businesswire.com:https://www.businesswire.com/news/home/20180920005097/en/

CONTACT: Starr Insurance Companies

Paula Negro, 212-884-0561

Director of Communications and Media Relations

paula.negro@starrcompanies.com

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: PROFESSIONAL SERVICES REIT INSURANCE CONSTRUCTION & PROPERTY RESIDENTIAL BUILDING & REAL ESTATE

SOURCE: Starr Insurance Companies

Copyright Business Wire 2018.

PUB: 09/20/2018 09:00 AM/DISC: 09/20/2018 09:01 AM

http://www.businesswire.com/news/home/20180920005097/en

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