Environmental Risk

June 9, 2003

Nuts & Bolts: ACE Casualty Risk is broadening its product and service solutions for the environmental risk market through its environmental underwriting unit ACE Environmental Risk (AER). The expanded offerings include: A package policy covering environmental Contractors Pollution Liability and environmental consultants Errors & Omissions (CPL/E&O); Enhanced Contractors Pollution Liability (CPL) coverage; and value-added engineering services including a comprehensive 24/7 environmental crisis management and environmental claims reporting through a toll-free hotline. Contractors Pollution Liability Coverage with an enhancement is designed to offer claims-made-and-reported contractors pollution (CPL) coverage to commercial contractors with coverage for mold-related claims. Coverage is offered up to $100,000 beginning on day one, and includes the ability to secure higher sub-limits after AER specialists conduct a detailed Mold Awareness Training Program, at AER’s expense. Contractors Pollution Liability and Environmental Consultants Errors & Omissions (CPL/E&O) is a package policy designed for medium-sized environmental contractors and consultants who derive a majority of their revenues from environmental services.

Carrier: ACE

States Available: Nationwide.

Contact: Karl Russek, (215) 640-4786