Hudson Insurance Group, the US division of Odyssey Re Holdings, has announced the formation of its new environmental products unit to be headquartered in New York City and managed by Stephen Porcelli, senior vice president.
Hudson’s environmental products unit will focus on environmental contractors’ and consultants’ liability as well as underground storage tank liability and other site pollution insurance products. Coverage will be offered in all 50 states of the US by Hudson Specialty Insurance Company.
Brian Young, CEO of global insurance operations at Odyssey Re, said: We look forward to strengthening our presence within the environmental market by offering our brokers and their clients direct access to Hudson’s experienced underwriting and claims handling professionals. Hudson is committed to the US environmental marketplace.