Arch Insurance Group has launched an increased limits product of up to $5 million on its General Liability coverage in the newly formed Contract Binding Operations.“This new product is a very powerful addition to our agent network with many additional products at varying stages of development and deployment,” Arch said in a statement.“Arch continues to apply significant resources and is dedicated to becoming a leader in the Contract Binding arena.”The Arch Contract Binding Operations unit, which started operations earlier this year, currently offers General Liability to select and difficult-to-place small- and medium-size commercial customers through a carefully selected network of wholesalers countrywide.Glenn Yanoff, senior executive vice president and head of Contract Binding Operations stated, “This new product is a very powerful addition to our agent network with many additional products at varying stages of development and deployment. Arch continues to apply significant resources and is dedicated to becoming a leader in the Contract Binding arena.”Arch Insurance is a member of Bermuda-based Arch Capital Group.