Pioneer responds to market needs with unique offering for Specialty Contractors
Pioneer Underwriters today announced the introduction of higher primary General Liability (GL) policy limit options for specialty contractors. Limits have been raised to $2mn each occurrence; $4mn general and products/completed operations aggregate limit and $2mn personal and advertising injury limit, which further compliments their already comprehensive cover while providing a needed solution.
As some job contracts for specialty contractors mandate continuous primary GL policy limits of $2mn/$4mn/$4mn, an insurance need was present. Today’s announcement allows Pioneer Underwriters to offer the broadest coverage available.
Mary Wiseley, Senior Vice President of Specialty Contractors at Pioneer Underwriters, commented: “We pride ourselves in being responsive to market needs and are delighted to make this announcement just one month after publicizing our coverage expansion to include optional Incidental Contractor Pollution. Other insurers will provide these contractually required higher policy limits, however, they may be unable to provide other needed coverages that our facility automatically includes.”
For further information, please contact:
Haggie Partners
Samantha Whiteley
Tel: + 44 20 7562 4444
Samantha.whiteley@haggie.co.uk
Emily Murphy
Tel: + 44 20 7562 4444
Emily.murphy@haggie.co.uk
About Pioneer Underwriters
Pioneer Underwriters, was launched in April 2011 and trades as both a risk carrier and MGU with full delegated underwriting authority in over 120 Lloyd’s class codes using a pre-analyzed broker portfolio as its foundation. In the United States, Pioneer operates via its offices in New York, Atlanta, Chicago and Philadelphia via a network of retail and wholesale brokers. It is focused upon specialty risk solutions including E&S Casualty, Financial Products, Diversified Financial Services, Securities Broker-Dealers, Allied Healthcare, Environmental Liability and Specialty Contractors. The US board is chaired by Paul Springman, former President and COO of Markel Corporation. Pioneer has the backing of Liberty Syndicate 4472 and manages in excess of $330m of premium.
For more information, visit: http://www.pioneeruw.com/