ACE ECO PaCSM
ACE ECO PaCSM offers a streamlined solution for companies working in the environmental contracting and consulting industry. It combines coverage for commercial general liability (GCL), contractors pollution liability (CPL) and professional errors and omissions (E&O) in a single, easy-to-use policy.
Benefits:
- Eliminates potential coverage gaps with single policy/multiple coverages
- Experienced underwriting specialists with expertise both in environmental and casualty coverages
- Single point of coordination for submission - underwriting authority for all lines
- Dedicated environmental claim and risk control services
Coverage:
- Single policy for premises, operations, completed operations, BI/PD from pollution conditions, pollution clean-up and, if selected, act/errors & omissions
- General Liability based on 2007 ISO form and Contractors Pollution Liability (occurrence-basis)
- Optional Professional Liability (claims-made basis) with ability to match existing retroactive coverage
- Optional Employee Benefits Liability (claims-made basis with $1,000 deductible)
- Non-Auditable Policy and Annual Term
- Shared Policy Aggregate; dedicated Aggregate Limits of Liability for GL and CPL E&O on a case-by-case basis
- Umbrella coverage available
Minimums & Limits
Minimums
- Minimum Primary Policy Deductible/SIR:
- $1,500 CGL deductible
- $15,000 CPL/E&O self-insured retention
Primary Target Premium: $30,000
Umbrella Minimum Premium: $25,000
Limits
- Primary Capacity Options
-
- CGL: $1 million / $2 million / $2 million or $2 million/ $4 million / $4 million exclusive of defense
- CPL: $1 million / $1 million up to $25 million / $25 million exclusive of defense
- E&O: $1 million / $1 million up to $25 million / $25 million inclusive of defense
- Umbrella Capacity and Structure Capabilities
-
- $25 million per / $25 million aggregate capacity
- Follow-Form coverage, including underlying pollution coverage extensions
- Catastrophe Management Coverage Extension
- Follow-Form scheduled underlying including General Liability/Environmental, Auto Liability, Employers Liability, Employee Benefits Liability, Owned & Hired Watercraft and Aircraft
- Minimum underlying attachment point of $1 million for all coverages
- No applicable Self-Insured Retention
Target Client
Target Client:
- Environmental contractors
- Environmental consultants
- Environmental engineers
- Environmental laboratory analysis and testing services
- Accounts should have minimum 50 percent of receipts attributable to environmental contracting/consulting
- Target annual revenue $10 million and above
Restricted Industries:
- Contractors performing any asbestos abatement/consulting in identified urban areas
