Trieste, Italy-based insurance provider Generali Group announced that the U.S. branch of its global corporate and commercial business unit has launched a new property insurance line, Tribune, which will provide property insurance for U.S. multinational corporations with operations in both the United States and abroad.
In addition, the company said it has partnered with Birmingham, Mich.-based Belfor Property Restoration to provide remediation services.
With a global capacity of up to $250 million, Tribune will be able to provide customers with the efficiencies of a centrally administered global program as well as access to local policies through regional insurance pools, Generali said during an announcement made at the RIMS 2016 conference in San Diego today.
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