A new broker partner asked New Day to review a current Contractor’s Pollution Liability (CPL) policy for which the broker was competing for the Insured’s business. New Day’s analysis of the CPL policy revealed several deficiencies. Although coverages for the deficiencies may be available in the marketplace they were not included in the current policy.
With the aid of New Day’s analysis of the CPL policy, the retail broker was able to secure the Brokers of Record (BORs) for all of the insured’s coverage, including the CPL for which New Day will work on their behalf.