On Wednesday, XL Group P.L.C announced that they have a primary auto insurance form. The auto insurance at the beginning, targets trucking, public auto and commercial auto risks. The insurer said this came along with the launching of the product.
The firm stated that XL Group P.L.C will offer limits up to 1.5 million dollars. The coverage of course on an occurence-based follow form policy. Andrew Miller as Chicago-based launched this auto insurance line as underwriting manager. Based on the statement, Andrew Miller was the recently an underwriting manager for Vanliner Insurance Co., a unit of
National Interstate Insurance Co., XL P.L.C said.
Andrew will send any report to Michael Gramm as vice president of excess casualty.
“our intent is to gradually ramp up our
primary auto operation to give ample attention to these tough risks and
work with our broker partners to tailor workable insurance solutions,”
Mr. Gramm said in that speech.
Refer to the launching statement, XL P.L.C's Group primary auto insurance operation are eligible to issue MCS-90 motor carrier policy endorsements and post required filings.
Is this new Auto Insurance a good news for you as an automobile, truck or another vehicle owner?
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