Would adoption of a single policy form for multicarrier excess liability coverage give Bermuda a competitive advantage, or commoditize the product and dilute the value individual insurers bring to the table? That was a key point of contention earlier this week here at the Professional Liability Underwriting Society’s “Bermuda Perspective” conference.

In struggling to differentiate Bermuda as a market, while striving to standardize coverage terms and conditions to save time and money, some Bermuda players are backing the single-form concept for multiple layers of coverage provided by a group of excess insurance carriers.

Read the National Underwriter article drawn from a panel at the PLUS Bermuda Perspectives Symposium here on the National Underwriter website.