Excess Liability
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✺ Direct Insurance
When providing insurance, Everen Specialty Ltd. can do so directly or as reinsurance coverage of the company’s captive insurance company. The policies are identical except for minor differences in wording to reflect the fact that the reinsurance policy is designed for use in accessing Everen Specialty Ltd. via an insurance subsidiary
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✺ Target Industries
Energy (Upstream, Midstream, Downstream) Mining & Metals
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✺ Limits & Attachments
Flexibility in limits and attachments
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✺ Maximum Limits
$75,000,000 (Claims Made; Follow Form AEGIS, Occurrences First Reported, etc.)$25,000,000 (Occurrence, Claims Trigger)
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✺ Flexible Layering
Coverage may be in multiple non-contiguous layers or on a quota share basis
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✺ Minimum Limit
$25,000,000 for Shareholder members. There is no minimum limit for Non-Shareholder insureds
Policy Conditions
Territory: Worldwide
Currency: U.S. Dollars or acceptable Foreign Currencies
Governing Law: New York State
Preferred Arbitration: London, England or Bermuda
Foreign Currency Policies
Everen Specialty Ltd. has the ability to provide policies in
GBP, CAN$, EURO, AUS$
Excess Liability Forms
Most common follow forms are available