Multiline property and casualty insurer ACE Group has expanded its Premises Pollution Liability (PPL) and Premises Pollution Liability Portfolio (PPL Port) insurance policies, in a bid to provide protection against operational environmental risks.


The company is enhancing the insurance policies to provide additional coverages for growing environmental day-to-day operational exposures faced by both domestic and multinational businesses.

ACE environmental risk senior vice-president Craig Richardson said: "As environmental exposures continue to challenge everyday business operations, we recognized the need to provide enhanced coverage to help protect against a wider range of potential risks such as catastrophic events, emergency response incidents, along with pollution liability resulting from transportation of materials and indoor environmental contaminants.

"By consolidating our coverages into two products and offering industry-specific endorsements, ACE Environmental Risk can now provide clients with a better ease of understanding policy terms while addressing key industry-specific exposures quicker and more efficiently."

ACE has redesigned the PPL and PPL Port coverages to include industry-specific endorsements that offer specific coverage for healthcare, public and educational entities and US multinational businesses to solve different residential, commercial, retail and industrial risks.

The ACE USA Environmental Risk Premises Pollution Liability policies will be provided to stakeholders in residential, commercial, retail and industrial facilities, while insurance coverage is offered up to $50m with a minimum premium of $10,000.

Base PPL policy will provide coverage for identified sites within the US and third party liability coverage for bodily injury and property damage, including natural resource damages, as well as remediation expenses for both on-site releases and off-site migration.

Image: ACE North American headquarters at Philadelphia. Photo: courtesy of William Taufic 2010.