Global Accounts: Multinational Solutions for Premises Pollution Liability Insurance (GPPL)
For multinational property owners and developers, the Global Premises Pollution Liability (GPPL) Policy offers coverage for worldwide environmental liabilities arising from foreign operations and subsidiaries.
Benefits
- Broad range of pollution liability protection, for gradual as well as sudden and accidental first-party and third-party environmental liabilities
- Option to tailor policy through endorsements and manuscripted language, to meet specific needs of the insured
- Solutions that help insureds manage the complexities of global insurance programs, including the ACE GPSSM single servicing platform
- Robust global insurance network in more than 170 countries, personnel skilled in effective multinational program execution, including underwriting, claims, risk control, efficient premium cessions and servicing
- Access to state-of-the-art WorldviewSM, a web-based portal for insured program management and tracking
Coverage
- One, two, three and five-year policy term options
- Business interruption and soft costs available by endorsement
- Known conditions available by endorsement
- Ability to cover liabilities encountered in mergers and acquisitions
- Ability to cover acquired and divested properties by endorsement
- Available for claims for natural resource damages or biodiversity damages
- Available for mould-related and legionella claims
- Available during transportation of wastes or products