Zurich announces integrated management liability solutions for boarding kennels, doggie daycares and pet groomers in North America
Addresses specialized management liability needs with one of the broadest forms available
Schaumburg, Ill., May 1, 2008 – Zurich, one of the world’s largest property-casualty insurance companies, today announced the release of an integrated management liability solution to address the specialized needs of owners of boarding kennels, doggie daycares and pet grooming operations. The plan offers directors and officers (D&O) liability coverage integrated with employment practices liability insurance and risk management services that can be combined in a single form.
“We recognize that owners of these specialized businesses face unique challenges,” said David Donovan, vice president of Zurich’s Management Solutions Group. “Like other organizations, however, they are vulnerable to lawsuits based on claims of mismanagement, breach of fiduciary duty and employment practices. To address these concerns, Zurich offers one of the broadest forms available today.”
Key features of the plan include:
--Directors & officers liability additional limit – $1 million defense
--Employment practices liability additional limit – $1 million defense
--Domestic partner coverage
--Prior acts coverage
--Duty to defend policy
--Outside directorship coverage
--Claims made within the policy period
--Entity coverage with no products liability exclusion
--Punitive damages coverage
Zurich also provides a suite of risk management tools to help policyholders manage potential exposures. These complimentary services include educational resources about current employment law issues, compliance training for management and staff, and access to legal hotline services.
For more information about Zurich’s integrated management liability solutions for owners of boarding kennels, doggie daycares and pet grooming operations, contact Adriana Baez at 215-979-6641or firstname.lastname@example.org.
About Zurich Financial Services
Zurich Financial Services Group (Zurich) is an insurance-based financial services provider with a global network of subsidiaries and offices in North America and Europe as well as in Asia Pacific, Latin America and other markets. Founded in 1872, the Group is headquartered in Zurich, Switzerland. It employs approximately 60,000 people serving customers in more than 170 countries. In North America, Zurich (www.zurichna.com) is a leading commercial property-casualty insurance provider serving the global corporate, large corporate, middle market, small business, specialties and programs sectors.