Every business has a certain level of environmental risk; whether it is from current site activities, operations provided to third-parties or historical liabilities. In addition, the world of environmental risk and liability is continuously changing, especially in Asia where heightened awareness has led to more stringent regulation and enforcement at the government level. For businesses, this means that new laws are being introduced to mandate the purchase of environmental insurance, more principals are requiring contractors to carry environmental insurance before they work on a project, more lenders and financial backers are looking for their returns to be protected through environmental insurance, and environmental risk is continuing to grow at a brisk pace in Asia. Shouldn’t your business be contemplating environmental insurance as part of your day-to-day risk management activities?
At Chartis, we provide environmental impairment liability cover through our range of custom-built EIL insurance policies including our pollution legal liability policy; contractor pollution liability policy; and contractors operations and professional services liability cover.