April 18, 2013 by Canadian Underwriter
XL Group plc of Dublin announced Thursday it plans to offer new insurance coverage, along with risk management services, to the Canadian and American food and beverage industry, with the aim of eliminating gaps in coverage.
One new coverage will be its environmental food and beverage policy, intended to cover accidents related to ammonia discharges, pathogen contamination or “wastewater treatment gone awry.” This policy would cover environmental liability, clean up and disaster response.
“Through Response XL, XL Group’s Product contamination coverage offers easy access to a dedicated network of crisis consultants providing priority access to expertise in food safety, public relations, security, legal and regulatory compliance,” XL Group added in a press release.
The company’s new services target food processing plants, beverage manufacturers, commercial bakeries, cold and dry storage facilities, bottling and canning plants and pet food manufacturers in North America. A spokesperson confirmed to Canadian Underwriter the products will be available in Canada.
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