Ironshore Environmental Offers New Contractors’ COVID-19 Remediation Endorsement

Ironshore Environmental is now offering a COVID-19 endorsement that can be added to its Contractors’ Environmental Legal Liability (CELL) policy for certain contractor classes, effective immediately. Ironshore’s CELL coverage 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.

Source: Ironshore | Published on June 9, 2020

Ironshore’s new COVID-19 coverage is specifically designed for experienced environmental and disinfection contractors. The COVID-19 remediation endorsement is being offered on a claims-made, practice or project-specific basis with available limits of up to $5 million. COVID-19 remediation coverage is available with a minimum premium of $25,000 with a minimum deductible of $50,000.

“During this period of change and unprecedented uncertainties, contractors’ exposures are evolving along with the need for responsive insurance solutions,” said Ironshore Environmental CELL Product Line Manager Michael Delmore. “Ironshore’s COVID-19 remediation endorsement to our CELL policy is intended to help our insureds feel confident that they are protected against such emergent risks.”

Ironshore’s CELL policy also includes coverage for pollution liability associated with transportation, non-owned sites and time-element pollution incidents at insured owned sites, as well as costs associated with image restoration, disinfection events and preclaim expenses.

About Ironshore

Ironshore, a Liberty Mutual Company, provides broker-sourced specialty property and casualty insurance coverages for varying risks. The Liberty Mutual group of companies is rated A (Excellent) by A.M. Best and A (Strong) by Standard & Poor’s. For more information, please visit: www.ironshore.com

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