News From PartnerOne Environmental – August 2024
We are wrapping up a busy summer and looking forward to a successful Fall season! PartnerOne has seen a wide range of accounts this past month, including abatement/demo contractors, renewable energy contractors, environmental facilities, and more. Please let us know what you are working on. We are here to help!
Send us your Environmental Contactor & Consultant Accounts!
We can write the Package, Excess, Auto, and Workers Compensation for these insureds — risks include, but are not limited to, contractors specializing in: asbestos/mold/lead abatement, demolition, remediation, medical waste disposal, etc. Learn more.
Excess Coverage Capacity
We have recently seen carriers and MGAs pulling back on their Excess capacity. Many are lowering limits and others won’t sit over underlying Auto at all. PartnerOne is here and ready to help, with Follow Form Excess capacity of $15M. Contact us to learn more or offer higher limits on a renewal.
Recent Success Stories
Check out some accounts PartnerOne Environmental has recently written:
- $900k Used oil recycling services business in Louisiana purchased GL/Contractors Pollution Liability ($1M/$2M) and Auto ($1M) for $125,000.
- $4.1M Recycler purchased GL/Contractors Pollution Liability/Site Pollution Liability ($1M/$2M) and Excess ($5M/$5M) for $102,929. This account previously had its GL and CPL/Site Pollution coverages written with separate carriers, and the producer was looking to place them with a single carrier to reduce the potential for coverage gaps or duplications. In this process, it was discovered that there some unusual mismatches that needed to be addressed. We were able to manuscript three separate coverage endorsements to deliver what the insured needed.
- $4M Environmental remediation contractor purchased GL/Contractors Pollution Liability/E&O ($1M/$2M) and Excess ($4M) for $37,000.
- $3M Environmental contractor/hazmat abatement contractor (asbestos, lead, mold) purchased GL/Contractors Pollution Liability/E&O ($1M/$2M) and Excess ($5M/$5M) for $45,411.
- $1M Demolition and debris removal contractor purchased GL/Contractors Pollution Liability ($1M/$2M) for $10,575. Check out more success stories on our website.