Arch increases limits on contract binding coverage

Arch Insurance Group has launched an increased limits product of up to $5 million on its general liability coverage in the newly-formed contract binding operations.

The Arch Contract Binding Operations unit, which started operations earlier this year, offers general liability to select and difficult-to-place small and medium size commercial customers through a network of wholesalers countrywide.

Glenn Yanoff, senior executive vice president & head of Contract Binding Operations said: "This new product is a very powerful addition to our agent network with many additional products at varying stages of development and deployment. Arch continues to apply significant resources and is dedicated to becoming a leader in the Contract Binding arena."