Environmental & General Liability Exposure (EAGLE)
Insurance Coverage Exclusive to ACD Members – Going Beyond Industry Standards
Designed exclusively for Alliance for Chemical Distribution (ACD) Members, the ACD Insurance Edge combines General Liability, Pollution Liability and Auto Liability into a single packaged insurance offering. Leveraging AIG’s leading Environmental and General Liability Exposures (EAGLE) form, Axon’s dedicated insurance professionals provide brokers and insureds with creative, comprehensive and competitive insurance solutions.
In an effort to strengthen AIG’s commitment to and support of the Alliance for Chemical Distribution (ACD) Members, AIG formed a new partnership with Axon Underwriting Services (Axon). Under this agreement, Axon will dedicate its experienced environmental underwriting resources to the administration of EAGLE and EAGLE Excess products for members of ACD exclusively. This new Program Administration agreement creates a specialized insurance team with the expertise needed to continue providing our brokers and clients with creative, competitive and comprehensive insurance solutions.
ACD Membership Coverage Benefits:
Additional 10% credit applied to EAGLE Premium
Reimbursement of your Responsible Distribution fee over the three year period up to $5,400
ACD Member specific coverage enhancements
Key Coverage Features:
Misdelivery of Insured Products Coverage
Product Recall Expense Coverage
Blanket Non-Owned Locations
Third-Party Carriers of Transported Cargo Coverage
On-site Cleanup Coverage
Low Pollution Deductibles
Limits up to $25,000,000
Axon Program Underwriters:
Leverage chemical industry knowledge to address exposures unique to ACD Members
Dedicate underwriting to only ACD Member companies with complete underwriting authority
Provide ultra-responsive access to AIG’s A-rated policy forms and expert claims resources
Collaborate with ACD leadership to create coverage solutions for developing exposures
Claims Expertise:
AIG Environmental’s claims operation, with 80+ claims specialists, is the largest in the industry. The depth and breadth of the operation means devoted expertise to environmental claims of all types.
Nationwide Network for Immediate Response
PIER (Pollution Incident & Environmental Response):
Provides all insureds with around the clock emergency response services
Each provider within the PIER network has been rigorously vetted and pre-qualified
Pre-negotiated discounted rates for a network of: Emergency response contractors, disaster recovery and restoration forms, environmental consultants, industrial hygienists, waste disposal firms, and investigative services ready to assist during every stage of an environmental incident
CrisisResponse:
Allows a company to act swiftly to mitigate losses and prevent reputational damages by providing immediate access to funds needed to expedite recovery in the event of a potentially catastrophic environmental crisis.
Provides up to $250,000 additional limits outside of the policy limit
Covered expenses may include temporary living expenses, travel expenses, psychological counselling, medial and funeral expenses.
All Submissions should be forwarded to David McMillan