Ironshore Environmental is offering a comprehensive Contractors Environmental Legal Liability (CELL) policy that can be underwritten by broker partners through an online Quote & Bind Portal. Ironshore’s CELL product responds to 3rdparty 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 $10million and up to $50 million upon referral. Of note, 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.
“Ironshore Environmental’s CELL policy is recognized as a market-leading form for its broad coverage features at a reasonable cost,” stated Toby Smith, President of Ironshore Environmental. “With the new online portal, brokers can quickly and easily secure reliable protection for their contractor clients through one carrier, backed by Liberty Mutual and Ironshore’s combined sector expertise and financial stability.”
CELL’s online Quote & Bind Portal allows brokers to generate a completed application, quote, binder, policy and invoice in an easy to access 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.
About Ironshore
Ironshore, a Liberty Mutual Company, provides broker-sourced specialty property and casualty insurance coverages for varying risks located throughout the world. The Liberty Mutual group of companies is rated A (Excellent) by A.M. Best and A (Stable) by Standard & Poor’s. For more information, please visit:www.ironshore.com.