Chartis Announces New Pollution Legal Liability Select® Form

NEW YORK--(BUSINESS WIRE)-- Chartis today announced the introduction of a new Pollution Legal Liability Select form (PLL Select^®), developed by its Environmental Division. PLL Select was introduced by Chartis fifteen years ago as the first of its kind in the environmental insurance market. The new PLL Select form continues the tradition set by the original form of providing an innovative approach to protect against environmental liabilities that accompany commercial properties.

The new PLL Select form has retained the flexible, menu-driven offerings of the original form and has been enhanced with a number of noteworthy updates, including:

• A first in the marketplace “upgrade to green” as part of restoration costs;
• Expanded definitions of pollution conditions and clean-up costs;
• A supplemental defense provision, which includes coverage for the expenses the insured incurs to assist in the investigation and defense of a claim; and
• A claim mediation provision that allows for the deductible to be reduced.

In addition to the benefits of the form, Environmental insureds continue to have access to innovative value-added policyholder programs, including:

• The Pollution Incident and Environmental Response program (PIER), which provides insureds access to a 24-hour emergency response network;
• RiskTool, a Web-based environmental, health, safety, and property risk management resource; and
• Environmental Portal, a secure, Internet-based system that allows insureds to track environmental insurance policies for multiple site portfolios.

“As the environmental landscape evolves, our clients look to us to expand our capabilities. The coverage provided on the new PLL Select form reflects the increasing complexity of environmental risk management and our willingness to help our clients navigate these challenges,” said Russell M. Johnston, President and Chief Executive Officer of Environmental.

For more information regarding Pollution Legal Liability, please contact 1-800-348-4314 or send an e-mail to [email protected].

About Chartis

Chartis is a world leading property-casualty and general insurance organization serving more than 40 million clients in over 160 countries and jurisdictions. With a 90-year history, one of the industry’s most extensive ranges of products and services, deep claims expertise and excellent financial strength, Chartis enables its commercial and personal insurance clients alike to manage virtually any risk with confidence.

Chartis is the marketing name for the worldwide property-casualty and general insurance operations of Chartis Inc. For additional information, please visit our website at http://www.chartisinsurance.com. All products are written by insurance company subsidiaries or affiliates of Chartis Inc. Coverage may not be available in all jurisdictions and is subject to actual policy language. Non-insurance products and services may be provided by independent third parties. Certain coverage may be provided by a surplus lines insurer. Surplus lines insurers do not generally participate in state guaranty funds and insureds are therefore not protected by such funds.

Chartis
Marie Ali, 212-458-2536

Source: Chartis