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What’s New: In Brief (April 21, 2008)


April 21, 2008   by Canadian Underwriter


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**CORRECTION: This news brief corrects an error contained in a news brief posted on April 21, 2008**.

Lloyd’s of London has appointed LoriAnn Lowery as its new president of Lloyd’s North America and Deborah Moor as president of Lloyd’s Canada.
Lowery will be responsible for all business operations across the U.S. and Canada, including business development and distribution, communications and marketing, a Lloyd’s release says.
She most recently served as managing director and national practice leader for risk management and financial products for Wells Fargo Insurance Services, the release adds.
Moor is currently the head of international regulatory projects in Lloyd’s international market access team. She will begin working in Canada in September, taking over for Nicholas Smith who held the position for nine years.

Zurich North America Commercial has launched Z Choice, an environmental liability policy.
Policyholders can customize coverages and limits (up to US$50 million) through a menu-driven form, a Zurich release says.
Customers can choose among core coverages such as first- and third-party bodily injury and property damage for on- and off-site cleanup for new and existing pollution events.
They can also add to their program from a suite of optional coverages including natural resource damage, business interruption, mould, transportation of materials and financial assurance, among others.


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