Navigators Environmental Introduces NP3SM – an Integrated Approach to Managing General and Pollution Liabilities for Manufacturers and Distributors

NEW YORK--(BUSINESS WIRE)-- The Navigators Group, Inc. (NASDAQ:NAVG) today announced that its principal underwriting agency subsidiary, Navigators Management Company, Inc., has launched the Navigators “Premises, Products and Pollution Liability” insurance policy or “NP3^SM,” which is designed to cover both the general liability and pollution liabilities of manufacturing and distribution risks in one integrated insurance policy.

“It is no longer prudent for businesses to assess their general and environmental liabilities independently,” said Adrien Robinson, Vice President and head of the Environmental division. “We’re excited to offer the integrated approach of the NP3^SM policy, enabling businesses to manage complex risk and coverage considerations in a simple, seamless and cost-effective manner.”

In addition to ISO-based general liability and a full suite of environmental coverages, NP3^SM includes enhancements such as Employee Benefits Administration and Crisis Management coverage. The policy also offers broad excess liability coverage, sitting over the primary General Liability, as well as excess of Primary Auto and Employer’s Liability,using a single insurance policy.

The NP3^SM policy is underwritten for U.S.-based companies by Navigators Insurance Company and Navigators Specialty Insurance Company, which are both rated "A" (Excellent) by A.M. Best. Please consult your insurance broker and review the policy for coverage limitations, restrictions, exclusions, terms and conditions.

The Navigators Group, Inc. is an international specialty insurance holding company with insurance company operations, underwriting management companies, and operations at Lloyd's of London. Headquartered in New York City, Navigators has offices in major insurance centers in the United States, the United Kingdom and Continental Europe.

This press release may contain “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. Whenever used in this release, the words “estimate,” “expect,” “believe,” “may,” “will,” “intend,” “continue” or similar expressions are intended to identify such forward-looking statements. We cannot assure that results that we anticipate will be achieved, since results may differ materially because of known and unknown risks and uncertainties that we face. Please refer to Navigators’ most recent Forms 10-K and 10-Q and its other filings with the Securities and Exchange Commission for a description of Navigators’ business and the important factors that may affect that business. Navigators undertakes no obligation to publicly update or revise any forward-looking statement.

The Navigators Group, Inc.
Media Inquiries:
Taha Ebrahimi, 914-933-6209
[email protected]
or
Environmental Division:
Adrien Robinson, 312-506-8169
[email protected]
www.navg.com

Source: The Navigators Group, Inc.