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ACE USA Program Receives Risk Innovator Award PDF Print E-mail
Innovation & Technology
Written by Cyber InsuranceNews   
Monday, October 19 2009
ACE USA’s Senior Vice President, ACE Environmental Risk, William P. Hazelton, has won the 2009 Risk Innovators award in the category of Construction from Risk & Insurance magazine. The award promotes the achievements of those who advance innovation not just within their company, but for the entire insurance industry.

Mr. Hazelton and Gerald J. Rojewski, Vice President, ACE Casualty Risk, worked together to create the ACE Green CPLSM, a Contractors Pollution Liability program that helps contractors deal with exposures from green commercial construction projects.

“We’re proud of the innovation and creativity that Bill and Gerry displayed in developing and launching this cutting edge product offering, which responds to the growing emphasis on green construction,” proclaimed President, ACE Casualty Risk, Christopher Maleno. “Not only was this product launch supported by our teams of environmental and underwriting specialists, but it also addressed the complexities of green insurance and supports ACE Green—the company’s broad global commitment to environmental practices through environmentally-friendly products and risk management solutions.”

ACE Green CPL is specifically designed for pollution liability in green construction projects like those with Leadership in Energy and Environmental Design (LEED) certification. It provides coverage for various accidental pollution-related exclusions that may not be handled by a contractor’s Contractors General Liability (CGL) insurance. Risk control for ACE Green CPL policies includes environmental underwriting assessments by Hygienetics Environmental Services, Inc., an environmental consulting subsidiary of ESIS, Inc.

 
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