News From PartnerOne Environmental – February 2024
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Supporting Lines From PartnerOne Environmental
The PartnerOne team can help you round out coverage for your clients by offering supporting lines, including Auto, Excess, Workers Compensation, and more. Packaging these lines together adds efficiency, protects against potential coverage gaps, and helps generate the best possible pricing. See product info.
How to Write More Business in New York
We all know New York accounts can be tricky. But when done in a thoughtful manner, with careful underwriting and appropriate rates, writing business in New York may be a win for not only…
Let’s look at some considerations that need to be made for insureds doing business in New York.
Insured Spotlight: Renewable Energy Businesses
The companies that install, service, and/or operate in this space have unique insurance exposures. Commercial installations of solar, geothermal, electric, biomass, and hydrogen-based technologies are growing quickly in the US. This deployment brings the following types of risks into play…Read the article.
Recent Success Stories
- $3.3M Asbestos abatement contractor purchased GL/Contractors Pollution Liability/E&O ($1M/$2M) and Excess ($1M) for $21,000.
- $60M Commercial general contracting and design/build services business purchased Contractors Pollution & Professional ($2M/$2M), including Rectification and Protective Indemnity, for $37,000.
- $1M Asbestos abatement contractor purchased GL/Contractors Pollution Liability ($1M/$2M) for $10,000. This insured is located in New Jersey with 45% of their operations in New York City; they required Action Over coverage and admitted paper.
- $1.5M Environmental contractor/waste management for the cannabis industry purchased GL/Contractors Pollution Liability/E&O ($1M/$2M), Auto, and Excess ($4M/$4M) for $85,570.