Ironshore Environmental unveils new COVID-19 coverage

Ironshore, a Liberty Mutual company, has launched a COVID-19 endorsement that can be added to its contractors’ environmental legal liability (CELL) policy for certain contractor classes.

The 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. The 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 pre-claim expenses.

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. The coverage will be 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.”