Product launch: Global water cover launched
Marsh has launched a contamination insurance product for water utility firms.
The broker claimed that the product was the first of its kind to offer coverage for drinking water contamination, including losses associated with a terrorist attack, extortion costs and goodwill payments to customers.
The offering can provide cover of up to £10m for accidental contamination, malicious contamination or extortion relating to the water supply. This includes payments to domestic and business customers affected and those suffering from injury or illness caused by consuming the
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