Beazley Group, and their Broader Policy Form

 

beazley-visit-october-2016

 

This week, Debbie Wiechardt from Beazley Group came to visit our Guilford, CT office! We had a lot to talk about, because Beazley is now offering a much broader policy form. Here are some new changes that we are excited about:

  • Early Resolution Deductible credit – if a claim is resolved within six months of the date the claim is made, Beazley will credit the insured’s deductible 50% up to $25,000.
  • Defendants’ Reimbursement coverage has been increased from $10,000 to $15,000.
  • Beazley added a 50/50 Hammer Clause, which broadens coverage from the previous policy form.
  • Asbestos and patent exclusions have been removed.

We are proud of our relationship with Beazley Group, and love to see insurers make their policy forms more broad, simple, and clear for our clients!

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