XL Environmental Expands Professional, Pollution Coverage for Contractors

XL Group's North America Environmental says it is now offering a new package to supplement its professional and pollution insurance protection for contractors and environmental consultants.

The new enhancements–meant to address gaps in coverage observed by the insurer, brokers and clients–offer mediation credits, disaster response coverage, green building restoration costs, as well as legal expenses and litigation and subpoena expense coverage outside the limits of liability.

“We don't have to look far for examples of how a simple mistake or untimely mishap can become a catastrophic pollution event,” says Matt O'Malley, president of XL Group's Environmental business in North America, in a statement.  When it happens, it makes headline news, ties up company resources and most certainly, results in expenses that few businesses' expect or planned for.”

Designed specifically to meet the needs of general contractors, trade contractors, construction managers, as well as environmental contractors and consultants, XL Group's Contractors and Consultants Policy Enhancement Package adds additional protection to XL Group's blanket and project-specific Contractor's Pollution Legal Liability and XL Group's Professional and Contractor's Pollution Legal Liability Policies.  Available package enhancements include coverage for:

• Legal Expenses outside the Limit of Liability
• Litigation and Subpoena Expense Outside the Limit of Liability
• Mediation Credit
• Disaster Response Expense
• Green Building Restoration Costs

XL Group's pollution policies are provided by XL Group insurance companies, Indian Harbor Insurance Company and Greenwich Insurance Company.