Marsh Risk, a business of Marsh, launched BX1, a Bermuda-domiciled insurance facility for US-based clients. BX1 provides a unified block of USD 50 million in excess casualty capacity with a minimum attachment point starting as low as USD 10 million. The facility consolidates capacity from Ascot, Markel, Ark, and Sompo under a single Marsh Bermuda contract. The policy is issued on Marsh Risk’s proprietary Xsellence excess casualty form and includes affirmative coverage for punitive damages.
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