By Mia MacGregor
June 10 - (The Insurer) - Marsh-owned global MGU Victor Insurance has introduced a new environmental liability and on-site clean-up insurance program in collaboration with Aspen Insurance.
This program aims to protect U.S. small businesses with underground and aboveground storage tanks from losses due to pollutant releases.
The storage tank liability program is available to brokers on a non-admitted basis through Victor’s professional liability practice for architects and engineers, offering up to $5 million in coverage limits for businesses across all U.S. states and Washington, D.C. Coverage is delivered through Victor’s proprietary digital platform, V Squared.
“The Victor storage tank liability program offers additional security, specialized underwriting expertise, and fast, easy access to coverage through V2 to support brokers and clients operating in this unique industry segment,” said Kevin Collins, architects and engineers practice leader at Victor.
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