Environmental Risk

Environmental Protect

Tailor the right solution with us for your clients’ needs, covering a broad range of liabilities and protection. From regulatory remediation costs, to third party injury and damage to biodiversity, our Environmental Protect product is far reaching.

Coverage highlights

This offers a broad range of protection for gradual as well as sudden and accidental first or third party environmental liabilities. A comprehensive menu of cover is available with each solution tailored to meet the needs of the business.

We can work with clients to help identify potential environmental risks, offering solutions that minimise impact on profitability.

Product highlights

  • Balance sheet protection by covering the costs of clean up and other expenses

Cover

The menu of cover includes:

  • Remediation costs imposed by regulators, including own premises and any offsite land, water or natural resources.
  • Liability for third party bodily injury, property damage, clean up costs and nuisance
  • Liability under the EU Environmental Liability Directive and any associated member state law
  • Cover includes all environmental damage not just damage resulting from pollution
  • Losses caused by the transportation of products or waste
  • First party business interruption resulting from pollution conditions
  • Liability for damage to biodiversity including complementary and compensatory remediation costs
  • Loss mitigation costs – emergency expenses incurred in responding to an incident

Appetite

Provided below is our appetite for risks within broad industry groups.

Preferred Industry

  • Accommodation & food service activities
  • Administrative & support service activities
  • Arts, entertainment & recreation
  • Agriculture
  • Construction
  • Education
  • Finance & insurance
  • Healthcare & social assistance
  • Information & communication
  • Manufacturing
  • Professional, scientific & technical activities
  • Public administration & defence
  • Real estate
  • Retail
  • Transportation & storage
  • Utilities
  • Wholesale

Standard Industry

  • Quarrying

Restricted Industry

  • Mining

Documents

Environmental protect fact sheet