March 9, 2005 —The ACE Environmental Risk Unit of ACE USA has launched a web-based underwriting facility that enables brokers to access Contractors Pollution Liability Coverage (CPL). The web site offers cost-effective and automated system for online quoting and binding coverage, and addresses needs of environmental and non-environmental classes of business, the company says.
Contractors Pollution Liability Coverage is designed to offer claims-made-and-reported contractors pollution coverage to commercial contractors with coverage for environmental and non-environmental classes of business, including general and trade contractors. Designed for clients generating $5 million or less in annual revenue, optional coverage is available to address mold liability with available limits offered up to $500,000 per claim.
ACE Environmental Risk, a division of ACE USA, offers a full range of environmental liability solutions designed to minimize bottom line impacts and provide hands-on management for those liabilities. Non-admitted products are available through licensed brokers. ACE’s environmental liability offerings also include premises pollution liability, contractor’s pollution liability, remediation cost containment and blended finite risk programs. For more information, visit the company Web site.
