Description: Companies manufacturing, selling and distributing goods internationally are under constant pressure to manage their financial exposure to loss. Separate policies may result in redundancies and or gaps in coverage. In response, Lexington Insurance and the Marine division of Chartis developed LexPILOT, one integrated all risk coverage form for property and marine cargo exposures including stock throughput type coverage. LexPILOT coverage gives insureds access to the superior loss control, claims and loss management expertise of Chartis worldwide.
This LexCast addresses:
- What are the primary advantages of the integrated LexPILOT policy form?
- How is a LexPILOT policy form different from a traditional "stock throughput" policy form?
- Who needs LexPILOT?
- What types of services are available to help policyholders manage risk?
