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ASI Environmental Announces Enhancements to EnviroStarTM Policy Form

^{Published on 2011-01-27 14:05:55 - Market Wire}
 

ATLANTA--([ BUSINESS WIRE ])--American Safety Insurance (NYSE:ASI) has launched an enhanced version of its EnviroStar policy, which combines common coverages for environmental professionals into one convenient form.

"For 25 continuous years, ASI has been an active player in the environmental insurance market and our form has evolved based on our experience in this segment"

aFor 25 continuous years, ASI has been an active player in the environmental insurance market and our form has evolved based on our experience in this segment,a said Preston Starr, Vice President of Environmental Underwriting at ASI. aThe form changes are in response to feedback from our annual customer roundtable and our daily interactions with our wholesale distribution network and will allow us to be more competitive with the newer entrants to the market.a

Producers will find that the newer forms are more concise and clear. Highlights include:

• Mold as a covered operation and available on an occurrence form
• Claims expense outside the limits on contractora™s pollution and commercial general liability coverages
• Punitive damages covered where insurable by law
• Coverage available for non-owned disposal sites on a scheduled and/or blanket basis

Additional changes can be viewed at [ www.amsafety.com ] under aNewsa.

ASI is rated aAa (Excellent) IX by A.M. Best and offers general liability, contractora™s pollution liability and professional liability coverages on both an admitted and non-admitted basis. Limits of up to $11 million are available, with minimum premiums beginning at $2,500.

For more information on ASIa™s products for the environmental industry, call 1-800-388-3647 or visit [ www.amsafety.com ].

ABOUT ASI

For 25 years, American Safety Insurance (ASI) has provided innovative insurance solutions for a variety of specialty risks underwritten by American Safety Casualty Insurance Company, American Safety Indemnity Company and American Safety Risk Retention Group, Inc., which, as a group, are rated "A" (Excellent) IX by A.M. Best. ASI also provides captive cell services through a U.S.-based segregated cell account captive. ASI is a subsidiary of American Safety Insurance Holdings, Ltd., (NYSE:ASI), a Bermuda-based holding company. For more information, visit [ www.amsafety.com ].