Chartis, the property-casualty and general insurance firm of AIG, has continued to expand the industry classes addressed by NextGen Protection, a suite of environmental insurance solutions offered through its Environmental division.
According to insurer, the latest product in the NextGen Protection suite is CPL Specialty Trade Protect, which has been designed to help meet the environmental risk management needs of the specialty trade contractor.
CPL Specialty Trade Protect was developed for the unique environmental exposures that artisan contractors may encounter at a construction project, such as risk related to indoor air contaminants, waste handling, silt and sediment run-off, and equipment staging areas.
Coverage provided by CPL Specialty Trade Protect enhances the Chartis insurers’ market-leading Contractors Pollution Liability (CPL) policy.
CPL provides coverage for third-party claims for bodily injury, property damage and environmental damage resulting from pollution conditions caused by the performance of covered operations.
In addition to CPL Specialty Trade Protect, the NextGen Protection suite currently includes:CPL ProjectProtect; PLL Wellness Protect; PLL Campus Protect; PLL MuniProtect; PLL REAL Protect; EAGLE TopCoat Protect; EAGLE AgriProtect; EAGLE Personal Care Protect; EAGLE TSDF Protect and EAGLE ChemProtect.