|Lexington Insurance Company Introduces CarbonCoverSM Design & Confirm|
New York – May 4, 2010 – Lexington Insurance Company, a Chartis company, today announced the introduction of CarbonCoverSM Design & Confirm, enhancements that broaden its Architects & Engineers Professional Liability Insurance Policy to respond to claims arising from greenhouse gas consulting and emission reduction verification services. The claims-made policy pays monetary damages, settlements and defense costs for covered claims alleging wrongful acts in connection with these activities.
“As design professionals take on a growing role in the rapidly expanding voluntary carbon market, they are consulting with project developers on greenhouse gas emissions to verify emission reductions and estimates on projects. CarbonCover Design & Confirm gives these professionals confidence that they have explicit professional liability protection when they embark on these new and specialized activities,” said Bob Rogers, Assistant Vice President of the Architects & Engineers Unit of Lexington Insurance Company.
CarbonCover Design & Confirm is the latest addition to Lexington Insurance Company’s CarbonCover suite of products for companies operating in the climate change and greenhouse gas emissions sector. The suite also includes CarbonCoverSM Registry, which provides liability insurance for carbon registries.
For more information regarding CarbonCover Design & Confirm, please contact Bob Rogers, Assistant Vice President of Lexington Insurance Company at (617) 330-8564 or firstname.lastname@example.org. You can also visit www.lexingtoninsurance.com.
Chartis is a world leading property-casualty and general insurance organization serving more than 70 million clients around the world. With one of the industry’s most extensive ranges of products and services, deep claims expertise and excellent financial strength, Chartis enables its commercial and personal insurance clients alike to manage virtually any risk with confidence.
Chartis is the marketing name for the worldwide property-casualty and general insurance operations of Chartis Inc. For additional information, please visit our website at http://www.chartisinsurance.com. All products are written by insurance company subsidiaries or affiliates of Chartis Inc. Coverage may not be available in all jurisdictions and is subject to actual policy language. Non-insurance products and services may be provided by independent third parties. Certain coverage may be provided by a surplus lines insurer. Surplus lines insurers do not generally participate in state guaranty funds and insureds are therefore not protected by such funds.