Ironshore Environmental has streamlined its Contractors Environmental Legal Liability (CELL) policy to be underwritten by broker partners through its online Quote & Bind Portal.
The Ironshore CELL product responds to third party bodily injury, property damage and remediation of environmental damages resulting from pollution incidents caused by the contractor’s work at a job site.
CELL cover via the portal is available to brokers for contractors with up to $100 million in revenues. Coverage underwritten through the Quote & Bind Portal provides available policy limits of $500,000 to $10 million and up to $50 million upon referral. The CELL policy carries no minimum premium with deductible options starting at $2,500 and includes an enhanced commission.
Ironshore’s CELL policy is offered on an occurrence basis and can be underwritten for practice, project or wrap-up cover. Coverage includes pollution liability incidents associated with transportation, non-owned sites and time-element pollution accidents at owned sites, as well as costs related with image restoration, disinfection events and pre-claim expenses.
CELL’s online Quote & Bind Portal allows brokers to generate a completed application, quote, binder, policy and invoice through the accessible underwriting platform, which can be completed in only a few minutes for most risks. Brokers also have the option of customizing the policy coverage through self-referral to an Ironshore Environmental underwriter for special situations.
Ironshore Environmental offers a suite of insurance products and services to protect against the adverse financial impact of environmental incidents and liabilities for a range of commercial industry risks.
Ironshore, a Liberty Mutual Company, provides broker-sourced specialty property and casualty insurance coverages for varying risks located throughout the world.
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