Arch Insurance Group, a member of Arch Capital Group Ltd., is offering a new property insurance product, the Arch Property Maximizer PolicySM, which will be underwritten by Arch’s Global Property division. The Arch Maximizer Policy provides supplemental property insurance payouts based on a fixed percentage of an insured’s loss paid under the insured’s original property insurance policy. The Arch Maximizer Policy will be distributed through select retail brokers and may be written on a ground-up quota share or excess basis with capacity up to twenty percent (20%) or $50,000,000 per occurrence and annual aggregate. Current Arch participation on the original property policy is not required to access this product. Coverage under the Arch Maximizer Policy will be offered on the same basis as the insured’s original property insurance policy. All risks including, earthquake, flood, windstorm, boiler and machinery, and terrorism, may be included under this product. For further information, visit www.archinsurance.com.
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