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Member, Beacon International Group, Ltd.
Ironshore Inc.'s U.S. specialty casualty unit has launched enhanced insurance coverage endorsements for upstream energy risks as part of its ExcessProtect Plus Energy Commercial Excess Liability policy.
The suite includes insurance coverage for energy risks that are engaged in oil and gas lease site operations including lease operators and non-operators as well as the myriad contractors involved, the insurer announced in a statement Monday.
“The upstream energy space presents clients with unique exposures typically not seen with most other industry sectors. Ironshore is addressing these exposures, especially in a technology-driven industry, to assist our clients in closing gaps that may exist in traditional insurance covers,” Dawn Puro, vice president and home office underwriting manager for U.S. specialty casualty at Ironshore, said in the statement.
“The endorsements offer solutions for such risks as use of radioactive isotopes found in well logging tools, expanded underground resources coverage, as well as exceptions to ISO styled pollution covers with respect to what constitutes a waste site,” Ms. Puro said.