AXIS Capital Holdings Limited announced its Environmental business unit has launched a Specialty Package Policy for manufacturers (‘SPPm'). The SPPm policy covers a range of general and environmental liability exposures facing manufacturers, all in one integrated insurance package. Exposures covered by SPPm include those associated with manufacturing, distribution, warehousing, and processing operations, as well as waste storage, treatment, and disposal facilities.

The new policy is available for US-based manufacturing and distribution operations with revenues up to $2 billion. Coverages available through SPPm include: ISO-based CGL including products and products pollution liability, non-owned site pollution liability, transportation pollution, premises pollution liability, employee benefits administration, emergency response expense coverage, and product withdrawal expense. In addition, a new excess policy (‘SPXm') provides excess liability coverage for manufacturers covering primary general liability, pollution, products pollution, excess auto and employers' liability.