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Feb 02
Access Travelers’ Executive Liability for Private Companies

Travelers Wrap+ executive liability for private companies, available through Big "I" Markets, works like a module: You can pick and choose the coverages your client needs, and you can add or drop coverage as needed.

Product features include:

  • Additional defense coverage
    • Additional defense limit of liability
    • Survives exhaustion of base limit
    • Available for each liability coverage elected or shared
  • Defense options
    • Duty to defend (100 percent predetermined allocation)
    • Reimbursement
  • Single retention for claim triggering multiple liability coverages—and no retention if unable or not permitted to indemnify
  • Worldwide coverage: claims-made or occurring
  • Foreign parent corporation coverage as co-defendant
  • Severability of application representations
  • Subsidiary acquisition: 25% of assets
  • Extended reporting period
    • Bi-lateral
    • 3-year run-off available for pre-determined premium
    • Report potential claims
    • Elect by liability coverages
  • Duties in the event of claim: triggered by knowledge of executive officer

Insureds also receive access to Risk Management Plus+ Online®, a one-stop resource that provides a set of tools to protect them against costly litigation.

To access this product from Travelers, log in to Big "I" Markets and look for Wrap+ products under the Commercial Product menu.

Please note that community homeowners associations and health care organizations are not currently available through Big "I" Markets.  

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​127 South Peyton Street
Alexandria VA 22314
​phone: 800.221.7917
fax: 703.683.7556
email: info@iiaba.net

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