To address the significant and increasingly complex risks midsize chemical companies face, Marsh has developed ChemPreferred, a customized package of policies that offers broad insurance protection.

Available to U.S. chemical and processing companies with annual sales between $25 million and $500 million, ChemPreferred offers broad terms and conditions on comprehensive casualty, property, and environmental insurance coverages.

ChemPreferred provides clients with a single resource for all insurance needs, and access to Marsh’s network of industry experts and placement specialists. Clients also benefits from preferred relationships established with select insurers committed to writing chemical risks and providing a wide breadth of coverage at competitive prices.

Key Features

The primary features of ChemPreferred are:

• one-stop shopping for midsize chemical companies;
• primary focus on casualty, property, and environmental insurance with the ability to write other lines, including D&O, foreign casualty, and cargo;
• pre-negotiated broad terms and conditions, including many coverage enhancements; 
• flexibility in program design, especially for workers’ compensation and environmental insurance;
• industry-focused approach with specialized service team;
• national placement hubs staffed with licensed placement specialists;and
• preferred carriers that understand chemical risks and agree to streamlined underwriting for improved service.