Chartis Expands NextGen Protection to Project Contractors

Chartis has expanded NextGen Protection, a suite of environmental insurance products offered through its Environmental division, for project contractors.

The latest product in the NextGen Protection suite is CPL ProjectProtect, which has been designed as a environmental insurance product to help meet the environmental risk management needs of a project contractor. CPL ProjectProtect was developed for unique environmental risks that project contractors may encounter when implementing a construction project, such as risk related to silt and sediment run-off.

Coverage provided by CPL ProjectProtect enhances the Chartis insurers’ Contractors Pollution Liability (CPL) policy. CPL protects contractors against liability for third-party claims for bodily injury, property damage and environmental damage resulting from pollution conditions caused by the performance of covered operations.

The NextGen Protection suite currently includes: