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New AEGIS property consortium offers up to $300 million limit

We recently launched a new property consortium in cooperation with NEIL (Nuclear Electric Insurance Limited) and Berkshire Hathaway Specialty Insurance which increases our total property capacity to $300 million for certain risks. Each of our consortium partners can add $50 million to our existing $200 million capacity, bringing the total to $300 million. Many AEGIS members have expressed interest in reliable, sustainable, long-term property programs with higher limits and we expect our new consortium will help meet this need. To date, we have bound property consortium policies for six member companies and we expect that number to increase as existing property programs expire and member companies undertake new projects. For more information, please contact Gary Ladman by e-mail or by phone at 201.508.2802.