By Megan Stephens, PartnerOne Environmental Underwriter
PartnerOne Environmental recently had a renewal where the insured, an environmental driller, was seeking additional coverage. This insured is typically called by their clients in the event of a spill; they do not clean up the spill, but rather drill around/near it to discover its impact on the soils and groundwater surrounding it.
PartnerOne had written this insured’s Contractors Pollution coverage (CPL) for ten years and within the last two years we had added Professional Liability coverage to the account. The coverage package coming into this renewal included $1M/$2M Contractors Pollution Liability and Professional Liability limits based on estimated revenues of $1,300,000 for a total premium of $7,684. Read the complete profile.