Lexington Insurance Co., an AIU Holdings company, has introduced LexPILOT, an integrated all-risk coverage for property and marine cargo. LexPILOT, which stands for Property Income Loss Ocean Transit, is designed for manufacturers, retailers and distribution companies seeking coverage for their facilities as well as their international shipments.
Up to $1.5 billion is available per occurrence for fixed property exposures with coverage available for earthquake and flood. Up to $50 million is available per transit for marine cargo exposures, inclusive of inland freight on both sides of air or vessel ocean transport. Insureds shipping goods under commercial letters of credit will have access to online and on-demand certificate issuance.
More information is available by contacting Senior Vice President Liz Carmody at 617-772-4597, [email protected], or online at www.aiuholdings.com.
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
