XL Group Enhances Public & Products Liability Offering for Australian Market
Sydney, Australia - March 23, 2012
XL Group plc’s (NYSE: XL) insurance operations (“XL Group”) today announced an enhancement to its Public & Products Liability policy issued to Middle Market clients in Australia.
XL Group will provide the option of Environmental Liability coverage via an endorsement to selected industry sectors in Australia. The Environmental Liability endorsement is designed to give Middle Market companies enhanced environmental liability protection in conjunction with its Public & Products Liability policy. It provides the opportunity for flexible cover for on and offsite clean-up costs for gradual, as well as sudden, and accidental pollution events within Australia.Craig Langham, Country Manager, Australia said: “The enhanced coverage option available to Middle Market companies provides a simplified solution to protect insured’s against many of the greatest environmental exposures that are not ordinarily insured under a Liability policy. Our environmental underwriters provide twenty years of expertise in insurance, risk control and claim handling solutions in this area.”
About XL Group plcXL 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, 4th Floor, Dublin 2, Ireland. To learn more, visit xlgroup.com About XL’s Insurance OperationsXL Group plc’s 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 xlgroup.com/insurance. XL Group is the global brand used by XL Group plc’s insurance subsidiaries.
Christine WeirskyCommunication Director, North America