Arch Insurance Group has announced the launch of its new excess management liability policy — Arch Essential Excess Policysm.

"Clients and brokers seek clarity and predictability in the placement and performance of their insurance towers," said John Rafferty, executive vice-president of executive assurance at Arch Insurance Group.

"Our new Arch Essential Excess Policy form greatly minimises two major concerns often cited with excess policy forms: competing and unnecessary language, and/or procedural hurdles that can complicate the performance of the insurance tower when needed most."

The new policy will allow brokers and insureds to achieve follow-form coverage for Directors & Officers (D&O), fiduciary, EPL or crime exposures.

Arch Essential Excess Policy is available as excess over D&O, EPL, fiduciary or crime for private and public clients in all industry segments, with limits capacity up to $25 million.