Ironshore Environmental has enhanced its Contractors Environmental Legal Liability (CELL) program to include coverage for damages resulting from pollution incidents caused by the contractor’s work.
CELL is offered on an occurrence basis and can be underwritten as a practice, project or wrap-up policy, carrying a minimum deductible of $2,500. Policy limits are available from $500,000 and up to a maximum of $50 million.
Ironshore Environmental’s enhanced CELL policy form has a comprehensive scope for the responsibility for pollution from non-owner sites, including during transport and on landlords, resulting from the work of contractors. Ironshore Environmental also provided protection for additional costs such as image restoration, site disinfection, and pre-demand event costs. The improved CELL product provides the cap on the basis of time for the scheduled features that are owned or rented by the insured to be up to $ 100,000 limit for removal of lead-based paint or removal of the named hazards from the asbestos-containing material. In addition, the silt and sedimentation are now included as a closed cause of loss.
Ironshore Environmental offers a range of insurance products and services to protect against adverse financial impacts of environmental events and liabilities for a number of commercial sector risks.
Ironshore, Liberty Mutual Company, covers broker-driven private property and accident insurance against changing risks worldwide. In Lloyd’s, the Pembroke Syndicate 4000 in Ironshore requires special areas of specialization.
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