Hudson Environmental Products
Hudson Environmental Products serves the Environmental Services Industry and the Environmental Impairment Liability (EIL) markets. Our mission is to offer innovative insurance products and highly
responsive service to our brokers and their clients, products and services that properly
address their insurance needs with solid financial security.
Hudson Environmental Products writes in all states on Hudson Specialty Insurance
Company paper. We provide up to a $10,000,000 limit of liability for all of
our products.
Our underwriting and claims staff have years of experience serving these market
segments. They bring a passion for the environmental industry and background
that combines environmental knowledge with insurance to service our business quickly.
Our target segments are:
- Small and mid-sized Environmental Services businesses, and
- Property owners and manufacturers or distributors needing EIL coverage
Environmental Services Business
Hudson Environmental Products provides coverage for environmental engineers, consultants and contractors. We require that environmental work make up at least 50% of the work performed by environmental contractors. Policies are written on an annual basis.
Specific coverage options include:
- General Liability - Occurrence Coverage
- Contractor Pollution Liability (“CPL”),- Occurrence or Claims-Made Coverage
- Errors and Omissions - Claims-Made Coverage
Hudson's policy automatically covers any technology errors & omissions exposure
incurred by our insureds and a number of other broadening features to meet the needs
of businesses in the environmental industry.
Environmental Consultants
Hudson targets Environmental Consultants with revenues of $25mm or less and offers a combined single limit policy including CGL/CPL/PL with limits up to $10mm. Hudson’s minimum premium is $2,500.
Environmental Contractors
Hudson targets Environmental Contractors with revenues of $25mm or less and offers a combined single limit policy including CGL/CPL/PL with limits up to $10mm. Hudson’s minimum premium is $2,500.
Non-Environmental Contractors
Hudson writes a CPL-only policy with limits of up to $10mm for non-Environmental Contractors with revenues of $50mm or less, Hudson offers a Contractors Pollution Liability and a separate EIL policy (if necessary). Hudson's minimum premium is $2,500.
Environmental Impairment Liability (EIL)
Hudson Environmental Products underwrites commercially owned /operated properties seeking EIL coverage, offering terms and conditions based on several factors, including the type of operations conducted at each property, the history of the facility, the surrounding environmental conditions and, importantly, the fortuity associated with the environmental risk that could threaten a client's financial position as a property and/or business owner.
Hudson writes a number of types of operations with an environmental exposure, including but not limited to: commercial real estate risks, public entity risks, golf course risks, automobile dealers and car washes.
Our coverages can be written from one to five years.