Chartis said it is hoping to lessen the burden on brokers and their clients with its new Excess Edge solution to improve the placement of follow form excess management and professional liability coverage.

The Executive Liability Division of New York-based Chartis announced the introduction of its Excess Edge form, a product designed to eliminate extra terms and conditions and secure placing of excess insurance for directors and officers liability, employment practices liability, fiduciary liability, errors and omissions liability, and other executive liability exposures, according to a statement.

Customer access to the Excess Edge layer is provided through recognition of erosion language built directly into the insuring clause, and a new “changes” provision waives the endorsement requirement for certain post-issuance changes, Chartis said.

“Heavily layered coverage towers continue to pose challenges for brokers and their clients looking to place critical excess coverage,” said Michael Smith, president of executive liability, in a statement.