PHILADELPHIA--(BUSINESS WIRE)--ACE Westchester, the U.S.-based wholesale-focused property and casualty operation of the ACE Group, today introduced a new product line, providing coverage and services for hazardous material (hazmat) and hazardous waste transporters. Underwriting will be based in Philadelphia and Roger Murphy, Assistant Vice President, has been appointed to lead these efforts, reporting to Barbara Deas, Senior Vice President, ACE Westchester Environmental.
“The inclusion of the hazmat product line in ACE Westchester’s suite of products and services reflects ACE Westchester’s continued commitment to recognize and meet the needs of our clients in the environmental market and allows them to work with a recognized A+-rated carrier,” said Ms. Deas. “As an established provider of specialty insurance products, ACE Westchester has the expertise and infrastructure to provide the capacity and services to meet the time-sensitive requirements of this specialized industry.”
With more than 19 years of insurance industry experience, Mr. Murphy joins ACE Westchester from XL Insurance, where he most recently served in its environmental underwriting unit as Assistant Vice President, responsible for the profitable underwriting of bulk hazardous materials haulers. Prior to that, Mr. Murphy served in underwriting management positions with a specialized focus on the general truck industry with MRM, Ltd., a Bermuda-based company, and concentrated on special transportation risks during his tenure at Liberty Mutual. He received a Bachelor of Arts degree in Public Administration and Management from West Chester University located in Pennsylvania. He holds the Chartered Property Casualty Underwriter (CPCU) professional designation.
Coverages for the Hazmat Transportations Risks include the following:*
Advantages and Highlights Include:
ACE Westchester’s Environmental Division provides environmental liability products and services, and offers coverage that includes: General Liability, Products Pollution Liability, Contractors Pollution Liability, and Onsite/Third Party Site Pollution coverage. Available options include Professional Liability for systems design, as well as separate policies covering Business Auto and/or Follow-form Excess Liability.
Please send inquiries relating to the ACE Westchester hazmat product line to firstname.lastname@example.org. Or, contact Roger Murphy at email@example.com. To learn more about ACE Westchester Environmental and its complete range of products and services, please visit www.acewestchester.com. *The above represents only a summary of potential terms and coverages, please see the actual policies for terms and conditions. Surplus lines products may not be available on all states.
ACE Westchester is the U.S.-based wholesale-focused operating division of the ACE Group of Companies, headed by ACE Limited (NYSE:ACE), and is rated A+ (Superior) by A.M. Best Company and A+ (Strong) by Standard & Poor’s. ACE Westchester, through its underwriting companies, provides insurance products and services throughout the U.S. Additional information on ACE Westchester Specialty and its products and services can be found at www.acewestchester.com. The ACE Group of Companies provides insurance and reinsurance products and services for a diverse group of clients around the world.