Eirion Risk Underwriters has announced the launch of its Construction Professional Liability (CPL) program, designed to cover professional risks for contractors and construction project stakeholders.
The program offers a suite of coverages including Annual Contractors Professional and Pollution Liability (CPPL), Project-Specific CPPL, and Owner’s Protective Professional Indemnity (OPPI).
With A+ XV-rated capacity, led by Beazley through Lloyd’s of London, the program provides limits of up to $10 million per claim, along with available follow-form excess options.
“The construction industry continues to evolve, with contractors taking on greater professional responsibilities across many projects,” said Michael Davis, Managing Director of the CPL program at Eirion Risk Underwriters. “We developed this program to bring together experienced underwriting, strong policy forms, and focused claims management to support brokers and their contractor clients.”
The program’s key feature is Eirion’s Continuity of Coverage provision, designed to provide additional flexibility in reporting professional liability claims when insureds maintain continuous coverage with the program.
“Our approach at Eirion is to focus on practical coverage enhancements that reflect how construction projects and contractor relationships operate in the real world,” said Kellan Quinn, Co-President of Eirion Risk Underwriters. “Continuity of Coverage is intended to provide additional flexibility for insureds who maintain long-term coverage relationships while supporting disciplined underwriting.”
Eirion’s new CPL program is now available nationwide through select wholesale and retail brokerage partners specialising in construction and professional liability risks.
