Ironshore, a Liberty Mutual company, has announced that its Ironshore Environmental’s Contractors’ Environmental Legal Liability (CELL) policy can now include Professional Liability for certain contractor classes.
The company’s CELL solution responds to third-party bodily injury, property damage and remediation of environmental damages driven by pollution incidents caused by the contractor’s work at a job site. Ironshore notes that a pollution incident is not required to trigger a professional incident.
Both general and artisan commercial contractors with revenues of under $75 million, and which do not provide or subcontract professional services, can acquire Professional Liability cover that is offered via endorsement, says Ironshore.
Adding that cover is provided on a claims-made basis and can be written on either a practice or project basis. CELL with Professional Liability coverage is available with a minimum premium of $2,000 and with a maximum deductible of $5,000.
President of Ironshore Environmental, Toby Smith, commented: “With the ability to add Professional Liability coverage to Ironshore Environmental’s CELL policy, brokers and insureds can feel comfortable they are getting the broad coverages they need and that contracts are requiring.”
Additionally, CELL includes cover for pollution liability associated with transportation, non-owned sites and time-element pollution incidents at an insured’s own site, and also costs associated with image restoration, disinfection events and pre-claim expenses.