Ironshore Enhances Designers, Contractors PL Coverage
Ironshore’s Construction Industry group, in conjunction with Ironshore Specialty Casualty, has enhanced its coverage for designers and contractors. The specialty program offers contractors pollution liability on an occurrence basis within its combination policy covering contractors liability, contractors pollution liability and pollution mitigation.
Ironshore’s newly revised designers and contractors professional & pollution (DCP2) liability form provides claims-made third-party professional liability protection against damages related to contractors’ negligence in the performance of professional services. Rectification costs for design defects and protective indemnity for sub-consultant design professionals’ negligence also are available in the coverage.
The contractors pollution liability coverage part responds to job-site incidents and transportation losses that occur during the policy period, while the non-owned disposal site and insured’s site coverages continue to be underwritten on a claims-made basis. The pollution mitigation reimbursement extension for the costs of disciplinary proceedings and mediation incentive actions remain in effect.
Ironshore’s Construction Industry group provides customized specialty lines coverages, including surety, builders’ risk, professional liability, environmental, stand-alone terrorism and general/excess liability, as well as wrap-up insurance, among other sector risks. Ironshore offers a full suite of products for all types of construction projects and delivery methods.
Ironshore, a Liberty Mutual Company, provides broker-sourced specialty property and casualty insurance coverages for varying risks located throughout the world. Select specialty coverages are underwritten at Lloyd’s through Ironshore’s Pembroke Syndicate 4000, which operates within Lloyd’s.