The North American environmental business unit of Zurich Financial Services has launched a new environmental liability policy named Z Choice.

Customers can choose among core coverages such as first- and third-party bodily injury and property damage for on- and off-site cleanup for new and existing pollution events.

Additionally, they can add to their program from a large suite of optional coverages that includes natural resource damages, business interruption, mold, transportation of materials and financial assurance, among others.

Zurich said that its new Z Choice policy is appropriate for a variety of industry classes such as commercial real estate portfolios, manufacturing, chemical facilities, health care, water treatment facilities, food processing, laboratories and public institutions.

Kenneth Berger, executive vice president of environmental unit at Zurich, said: Z Choice is a flexible program that provides our customers with the ability to tailor coverages for their unique fixed-facility exposures and pay only for the coverages they need. Plus it comes from an insurer with financial stability, longevity and a proven track record in the marketplace.