Adrian Pellen, CRM Director Aon, New York
Adrian Pellen, CRM
To address this significant gap in coverage, Aon's Adrian Pellen worked with an environmental carrier to modify its pollution legal liability policy to provide coverage for equipment rental costs, consulting and other expenses in connection with a delay arising out of the discovery of a pollution condition.
This coverage extension has been offered to more than a dozen projects, including several public-private partnerships.
One real estate development firm became aware that a redevelopment site likely had underground oil and gas storage tanks, but Pellen
was able to obtain a comprehensive insurance program that protected both the client and its lender.
It's a situation Pellen has handled deftly more than once.
"Once again, Adrian
was able to come in relatively quickly to take care of our needs," the client said.
"We got a pretty good insurance program, with good pricing and really good coverage - no fuss, no muss and everything taken care of."
is always one step ahead of you - you don't need to constantly request information," said a real estate investment trust client.