Mosaic unveils combined general & environmental liability coverage form

Specialty insurer Mosaic Insurance has launched a new combined environmental product, an innovative solution that merges primary commercial general liability with a suite of added pollution and professional coverages.

Mosaic’s new Site Pollution & General Liability (SGL) form is available to retail and wholesale brokers, and provides primary and excess (supported and unsupported) capabilities with $25 million in excess capacity.

The combined offering includes general, professional and environmental liability hazards in a single, global coverage form that can be customised to fit an insured’s needs and risk appetite, explains the firm.

SGL coverage aims to bridge gaps routinely found in traditional insurance placements, providing robust protection for several different risks across multiple sectors, including manufacturing, processing, product distribution and environmental consulting.

Mosaic explained the SGL form competes head-on with standard casualty placements and provides far more comprehensive coverage while remaining financially competitive. Built-in enhancements include the likes of worldwide product coverage, pollution incidents arising from an insured’s work and products, non-owned locations, and transportation.

Mosaic has around 20 environmental specialists in London and across the US, and its environmental policies suite covers a range of industries, including fixed-site, construction, and manufacturing sectors.

Jim Finnamore, Global Head of Environmental Liability, Mosaic, commented, “This builds towards our continuing goal to be the top, most trusted environmental carrier.”

Karen Reilly, Head of US Environmental Liability, Mosaic, added, “These solutions comprehensively cover premises, operational, product, pollution and professional exposures. Our market-leading underwriting and claims teams are ready to provide the most comprehensive and creative solutions for our broker partners and clients.”

Rob Stedman, Senior Vice President of Environmental Liability, oversees the SGL product, concluded, “We are extremely excited for this next chapter in the expansion of our environmental liability product offering.”

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