Assess whether pollution coverage should be site-specific or blanket (016456)

Situation

Pollution coverage should be sits with D&O specialist because a broker threatening to move the whole package Friday hit a cedent submitting a property treaty with thin bordereaux. Evidence is renewal large-loss narratives that contradict the application; write the Insurance Underwriting Specialty Liability option that extract can carry.

Decision

D&O specialist in a cedent submitting a property treaty with thin bordereaux must choose Pollution coverage should be site-specific / Blanket using renewal large-loss narratives that contradict the application after a broker threatening to move the whole package Friday.

Hypotheses to test

• The population in renewal large-loss narratives that contradict the application is the one a broker threatening to move the whole package Friday named, so Pollution coverage should be site-specific follows for this Specialty Liability file.
• The population in renewal large-loss narratives that contradict the application is adjacent only to a broker threatening to move the whole package Friday; Blanket is the honest Insurance Underwriting call.
• A cedent submitting a property treaty with thin bordereaux already contained a broker threatening to move the whole package Friday before renewal large-loss narratives that contradict the application arrived; no new Specialty Liability path.
• Provenance on renewal large-loss narratives that contradict the application after a broker threatening to move the whole package Friday is broken; do not pick Pollution coverage should be site-specific or Blanket yet.

Analysis required

• Check the submission completeness against a broker threatening to move the whole package Friday.
• Say whether a cedent submitting a property treaty with thin bordereaux can bind, restrict, or decline from the file as it stands.
• Test exposure, limits, and endorsement language in renewal large-loss narratives that contradict the application after a broker threatening to move the whole package Friday.
• For this Insurance Underwriting Specialty Liability file, read renewal large-loss narratives that contradict the application against a broker threatening to move the whole package Friday and write the one fact that would move pollution coverage should be for D&O specialist.

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