On May 29, 2025, Everspan Group, Ambac's specialty property and casualty insurance platform, announced a partnership with Aegis Energy to launch a new Excess program. This program is specifically designed for Petroleum Gasoline Haulers.
The new Excess program offers up to $4 million in coverage and is available nationwide, excluding Massachusetts, Hawaii, and Alaska. This non-admitted product provides enhanced flexibility for retail agents serving the petroleum industry.
This collaboration highlights Everspan's commitment to expanding its specialized insurance solutions and partnering with expert underwriters. The program aims to address the unique risks faced by petroleum and propane product distributors, further diversifying Everspan's portfolio.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.