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RT Specialty is proud to welcome All Risks to the RSG family effective September 1st, 2020!

RT ECP: Success Stories

December 22, 2010

Rail Car Refurbisher

A rail car refurbishing company was interested in acquiring a rail services company that included five rail car servicing facilities in three states. Our retail broker partner solicited New Day’s assistance to design a Pollution Legal Liability (PLL) program to address legacy as well as new environmental issues on, at, under or migrating from the […]

December 22, 2010

General Contractor/Construction Manager Quadruples Coverage for Only Double the Premium

A prominent General Contractor/Construction Manager recently took advantage of the availability of limits and the overall soft market. The expiring limits were $2 million/$2 million for Professional/ Pollution coverage. Considering the number of projects and the type of work done – as well as some previous claims activity – the decision was made to increase […]

September 29, 2010

New Day Secures Coverage for University

A university with a number of locations spread across one state in the U.S. as well as locations in Europe and Asia owns buildings comprising their campus. Many of the buildings are old, with some dating back to the early 1800s. Working with the retail broker and an environmentally savvy risk manager, New Day gathered […]

September 29, 2010

New Day Finds Coverage for Insured’s Non-Renewed Coverage

Two years ago, our partner broker called us in a panic as their insured was not being renewed due to losses from their carrier who provided Professional/Pollution coverage. The retail broker obtained a 30 day extension while New Day sought solutions in the marketplace. One carrier agreed to offer Professional/Pollution terms. Coverage was bound with […]

September 29, 2010

New Day Assists in Placing Coverage for Private Equity Firm

New Day was retained to design an Environmental Casualty and Legacy Pollution Legal Liability program for a private equity firm who purchased 3 oil & gas waste companies that operated out of 18 different locations in 3 states. Due to the complexity of the deal and the challenging environmental exposures, New Day conducted extensive marketing […]

August 11, 2010

Arsenic Groundwater Contamination at Ethanol Plant

Acknowledgement to XL Environmental COVERAGE NEED A potential XL insured, an alternative energy company, was developing a site for an ethanol production facility. The owners had concerns regarding known arsenic contamination in groundwater from an adjacent Superfund site and desired full Pollution and Remediation Legal Liability coverage from XL. The facility had a need to […]

July 23, 2010

CPL for CA Road Project

New Day was asked to secure a project Contractor’s Pollution Liability (CPL) quotation within an extremely short time frame for a street and road project in California. After review of the project information and discussions with the agent, New Day worked closely with one carrier to quickly implement an appropriate project policy for the contractor […]

July 23, 2010

Pollution Coverage Quick Turnaround

New Day’s broker partner called one morning with an urgent request. A contractor client was unable to access a jobsite because they did not have the required pollution coverage. Using information provided by the broker, New Day quickly assessed the situation and provided the broker with a list of potential carriers, an estimated premium and […]

July 22, 2010

Owner's Protective Professional Indemnity Insurance Program – Success Story

Due to our expertise in construction-related professional liability, New Day was secured by one of our broker partners to assist in competing for a large, state-wide school construction program. Amongst the major national brokers, the client selected our broker partner and New Day to construct a $25,000,000 Owner’s Protective Professional Indemnity Insurance (OPPI) program encompassing […]

July 22, 2010

Contractor's Protective Professional Indemnity Insurance Program – Success Story

New Day was authorized by one of our broker partners to work with the incumbent carrier for Contractor’s Protective Professional Indemnity Insurance (CPPI) coverage for a $500,000,000 construction firm. Even though New Day was asked to provide insight and perspective on market alternatives on the account, the focus of the renewal process was to advance […]

July 22, 2010

Multi-Project Coverages – Success Story

A New Day client (a joint venture) found themselves in a unique situation. They had recently been awarded two separate projects. The first project required pollution coverage, with the second requiring professional and pollution coverage. In addition to addressing the insurance requirements of these projects, the Joint Venture also wanted flexibility to use the policy […]

July 22, 2010

Former Coal Mining Site – Success Story

New Day recently worked with a major non-profit organization that purchased a 10,000 acre site located in West Virginia. Since the property is a former coal mining site, there were concerns over potential contaminants associated with past mining operations, so the client wanted protection through proper insurance coverage. Using limited environmental site assessment sampling analytical […]

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