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Site Lender Environmental Asset Protection

Beazley SLEAP provides coverage for lenders of commercial loans to respond to 3rd party claims in the event of a loan default.

What we offer

The Site Lender Environmental Asset Protection (SLEAP) policy covers lenders on their commercial loans to help protect the collateral value of real property and cover related financial losses that could negatively impact a lender’s bottom line. In the event of both a loan default and the existence of environmental contamination on the collateral property, the policy pays the lender the lesser of the estimated cleanup costs to remediate the property, or the loan balance. In addition, it protects the lender against 3rd party claims for cleanup, bodily injury, property damage, and defense costs associated with the collateral property at all stages of a commercial loan and regardless of whether the loan is in default. It also pays for cleanup costs if the lender first discovers contamination at the collateral property after they foreclose. This is valuable coverage to lenders as it transfers the pollution risk at collateral properties to an insurance company willing to take the risk on. It shores up lenders’ environmental due diligence program on their commercial loans, giving lenders the comfort to sleep at night.

Up to $10,000,000

How can we help

The Site Lender Environmental Asset Protection (SLEAP) policy covers lenders on their commercial loans to help protect the collateral value of real property and cover related financial losses that could negatively impact a lender’s bottom line.

Who we can help

The Beazley Difference

BEING BOLD

Freedom lies in being bold. We dare to be different and seek bold possibilities to create more innovative, fair and satisfying outcomes for our clients, brokers and employees. From insuring the highest building in the world, to the first commercial lunar vehicle to operate on the moon - we boldly go where others won’t.

STRIVING FOR BETTER

Good is a start, but we go all-out for better.  A driven community of individuals relentlessly push the needle and creating value. From launching the market’s first dedicated ESG syndicate to the establishment of our business unit focusing on designing digital insurance solutions, we pride ourselves on always going above and beyond.  Simply put, at  Beazley we go to 11.  

DOING THE RIGHT THING

Acting with integrity in a straightforward, decent way is instinctive. Open and honest with others, we show respect and empathy however challenging the situation – demonstrated by our multi-award winning claims team.  Doing the right thing makes for a fair-minded, rewarding environment and makes work and life better for all.

Your Beazley Team

Jayne Cunningham

Jayne Cunningham

Focus Group Leader - Environmental

Remote, NC, USA

(212) 801-7147

Email Jayne

Nathaniel Martin

Nathaniel Martin

Underwriter - Environmental

New York, NY, USA

(212) 801-7177

Email Nathaniel

Greg Dunn

Greg Dunn

Underwriter - Environmental

Philadelphia, PA, USA

+1-215-446-8415

Email Greg

Chris Biddle

Chris Biddle

Underwriter - Environmental

Philadelphia, PA, USA

(215) 446-8416

Email Chris

James Wilkins

James Wilkins

Underwriter - Environmental

Atlanta, GA, USA

+1-770-351-1674

Email James

Morgan Rice

Morgan Rice

Underwriter - Environmental

Atlanta, GA, USA

(770) 351-1690

Email Morgan

Colleen Dill

Colleen Dill

Underwriter - Environmental

New York, NY, USA

(212) 801-7121

Email Colleen

Edwin Baez

Edwin Baez

Underwriter - Environmental

Miami, FL, USA

+1-786-843-3214

Email Edwin

Elham Tallackson

Elham Tallackson

Underwriter - Environmental, Specialty Lines

Chicago, IL, USA

Elizabeth Seltzer

Elizabeth Seltzer

Underwriter - Environmental

Chicago, IL, USA

(312) 476-6254

Email Elizabeth

Courtney Salinas

Courtney Salinas

Underwriter - Environmental

Houston, TX

(972) 419-8032

Email Courtney

Jessica Bricarell

Jessica Bricarell

Underwriter - Environmental

Houston, TX

(972) 419-8006

Email Jessica

Michael Crossman

Michael Crossman

Underwriter - Environmental

Philadelphia, PA, USA

(215) 446-8454

Email Michael

Eric Rosenblum

Eric Rosenblum

Underwriter - Environmental

Denver, CO, USA

(303) 927-1549

Email Eric

Miles Foxworth

Miles Foxworth

Underwriter - Environmental

Denver, CO, USA

(416) 777-6880

Email Miles

Andrew Hirsch

Andrew Hirsch

Underwriter - Environmental

Denver, CO, USA

(303) 927-1555

Email Andrew

Jenny Han

Jenny Han

Underwriter - Environmental

San Francisco, CA, USA

(415) 263-4073

Email Jenny

Lawson Benfield

Lawson Benfield

Underwriter - Environmental

San Francisco, CA, USA

(770) 351-1785

Email Lawson

Courtney Keeney

Courtney Keeney

Underwriter - Environmental

San Francisco, CA, USA

(415) 263-4068

Email Courtney

Samantha Runyon

Samantha Runyon

Underwriter - Environmental

Los Angeles, CA, USA

(213) 228-7717

Email Samantha

Caitlin Patten

Caitlin Patten

Underwriter - Environmental

Los Angeles, CA, USA

(213) 228-7718

Email Caitlin

Nicholas Pearson

Nicholas Pearson

Underwriter - Environmental

London, UK

020 7674 7141

Email Nicholas

Nick Bidwell

Nick Bidwell

Environmental Underwriter

Toronto, Canada

(416) 601-2682

Email Nick