ENCON Group Inc. Celebrates the One-year Anniversary of its CGL and Umbrella Liability Facility

OTTAWA, ON – April 14, 2015 – ENCON Group Inc., a leading managing general agent in Canada, celebrated the one-year anniversary of its stand-alone commercial general liability (CGL) and umbrella liability insurance facility on March 3, 2015.

The program is offered through ENCON’s Alternative Insurance Market. Previously only offered as a complement to other insurance lines, ENCON’s monoline CGL policy targets a broader array of clients across Canada with more varied risk exposures.

“For many years, our brokers asked us to develop this type of program. We are grateful for the support of the insurers who worked with us to launch a top-notch facility that can accommodate CGL and umbrella business on a stand-alone basis,” said Michael Ostrowski, Senior Vice President, Product Development, ENCON. “We believe that ENCON’s underwriting experience, administrative capabilities and in-house claims handling resources combine to provide a strong competitive advantage in this space.”

ENCON’s stand-alone CGL covers exposures for:

• • • Manufacturers and suppliers (up to 50 per cent US revenue exposure)
    • Contractors with operations beyond those addressed by ENCON’s construction insurance department, including service contractors outside the construction industry
    • Property owners
    • Retailers and wholesalers
    • Recreational, sport, leisure and entertainment risks
    • Pyrotechnic displays
    • Indoor playgrounds
    • Daycares
    • Special events

 

CGL program features include:

• • • Limits up to $5,000,000
    • Minimum premium of $1,500
    • Occurrence-form coverage (claims-made for some classes)
    • Top-rated pool of insurers: Aviva Insurance Company of Canada, Everest Insurance Company of Canada, Inter Hannover Canada and Temple Insurance Company

 

For more information about this coverage, please visit ENCON’s Commercial General Liability page at www.encon.ca.

ENCON’s Commercial Umbrella Liability insurance provides protection for large losses and potential coverage gaps for a range of exposures.

Umbrella Liability program features include:

• • • Limits up to $10,000,000
    • Minimum premium of $1,000
    • Occurrence-form coverage
    • Insured by Aviva Insurance Company of Canada

 

For more information about this coverage, please visit ENCON’s Commercial Umbrella Liability page at www.encon.ca.

About ENCON Group Inc.

As a leading managing general agent in Canada, ENCON Group Inc. offers professional liability and construction insurance, as well as group and retiree benefits programs for individuals, professionals, organizations and businesses, which are available through a national network of licensed insurance brokers and plan advisors. Learn more at: www.encon.ca.

Media Contact: Margaret Woodruff Marketing and Communications margaret.k.woodruff@encon.ca 9 05-755-2030 ext. 3043

Business Contact: J.D. Farquhar, Assistant Vice-President, Alternative Insurance Market (CGL) jd.farquhar@encon.ca 905-755-2071  1-877-732-2879 ext. 2071 416-560-2744