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Ironshore simplifies excess liability risks policy form

Ironshore Inc’s speciality casualty unit announced yesterday they are introducing a new policy form for excess liability risks.It will provide a more concise coverage solution for insurance brokers and insurers, the Bermuda founded insurer stated in a press release.Ironshore said: “Ironshore’s ‘ExcessProtect Plus’ policy form has been reduced to two pages with no built-in exclusions and limited underwriting conditions, offering a more consistent approach to follow-form excess liability coverage. “With ‘ExcessProtect Plus’, specific insurance coverage needs can be addressed by endorsement or by relying on the terms and conditions of the controlling underlying policy.”Dawn Puro, vice president of Ironshore Specialty Casualty said: “Ironshore’s ExcessProtect Plus offers a streamlined format with more coverage certainty than current follow-form policies. It was developed to benefit our brokers and insurers by providing more consistent coverage between the excess form and controlling underlying policy.”