
Pollution & Remediation Legal Liability (PARLL)
For fixed facilities, public and private companies, buyers, sellers, developers, and lenders
É«¶à¶àÊÓÆµoffers PARLL coverage to protect owners, operators, lenders, developers and potential buyers of fixed-facilities against loss for sudden and gradual pollution conditions.
Coverage
- Claims-made coverage
- Pollution legal liability, including Natural Resource Damage Assessments (NRDA) and environmental liability directive for Europe
- First- and Third-party remediation expense, including government or regulatory re-opener coverage for previously remediated pollution conditions
- Contingent transportation
- Disaster Response Expense
- Green Building Materials Expense
- Litigation & Subpoena Expense
- Third-party diminution in property value
- First- and Third-party mold remediation expense and legal liability
- Lead-based paint and Asbestos liability
- Extensions by endorsement:
- Non-Owned Disposal Sites (NODS)
- Business Interruption
BENEFITS AND SERVICES
- Integrated underwriting, risk consulting and claims handling
- Staff with an average of 15+ years environmental/insurance experience
- Global solutions for multinational accounts
- Specialized in-house risk control consultants and claims handling
- Emergency response services
- 30+ years in specialized environmental insurance market
Client Profiles
Public and private companies ranging from upper middle-market to large multinationals:
- Commercial real estate
- Manufacturers
- Medical facilities
- Chemical and Energy risks
- Construction materials manufacturers
- Industrial
- Lending institutions