XL Catlin is now offering new coverage in the U.S. and Canada for small to mid-sized construction firms. Lockton will team with a new corporate partner to offer crisis management and communications for clients dealing with the aftermath of cyber-related incidents.
XL Catlin unveiled its Contractors Pollution Liability Express Program in the U.S. and Canada for small to mid-sized construction firms.
The program is designed for construction firms with $50 million in projected revenue or less, according to Cathy Cleary, XL Catlin’s executive environmental underwriter.
Coverage is designed for pollution created or exacerbated at the contractor’s job site while transportation or disposing waste at a non-owned disposal site, or as the result of a sudden and accidental pollution incident on their scheduled property. Standard coverage is for legionella, mold, asbestos and lead based paint exposures at the job site.
Qualified construction firms get a quick blanket contractors pollution legal liability quote for consideration. The policy is available either on a claims-made or occurrence basis for a one-year term, with liability limits up to $5 million, along with a full set of standard endorsement enhancements including renewal certificate for ease of renewal, legal expense coverage of $1 million in addition to the limits of liability, and, legal expense for disciplinary proceedings in addition to the limits of liability of $10,000.
Lockton will team with global communications firm FleishmanHillard, to help clients with preparedness planning, crisis management and crisis communications after a data breach, ransomware hit or other cyber-related incident.
Lockton’s agreement with FleishmanHillard gives clients access to a global team of specialists who work with organizations to prepare for attacks, educate employees, handle regulatory and legislative bodies and more.
FleishmanHillard helps clients navigate this complicated cyber environment through experience and expertise working with the multi-disciplinary teams needed to not only prepare for an incident, but effectively respond to one as well.
Lockton is the world’s largest privately held independent insurance broker.
Sources: XL Catlin, Lockton