Businesses are a leading contributor to environmental risks through their operations, industrial processes and supply chains. Serious environmental risks that company actions might create include:

• Water pollution
• Air pollution
• Land degradation (deforestation and soil erosion)
• Biodiversity loss
• Waste generation

The best way to reduce risk is through governance and oversight. Organizations require proper environmental controls and standards across the business that meet or exceed local, regional or national regulations. Understanding and assessing environmental risk exposures and creating strong governance and controls to address them are essential to long-term organizational sustainability.

Risk transfer is another crucial tool to protect your organization, especially from hard-to-predict risks such as an explosion, leak or spill. Working with us, we can bring a fresh perspective that internal stakeholders may overlook, help you identify new or evolving environmental risks and develop the right risk transfer program to address them.

After a pollution incident, the business responsible may be required to clean up the contamination both on their own site and in the surrounding areas. Pollution liability policies cover the costs of such cleanup operations, whether mandated by a regulator (statutory cleanup) or resulting from a third party claim. PPL can also redeem costs if the regulator carries out the cleanup work on behalf of a company.

Site pollution liability (sometimes referred to as pollution legal liability (PLL)) insurance protects owners and tenants against losses from unknown and known sources of pollution liability at specific locations. The unknown sources may be either existing contamination that is undiscovered or contamination resulting from future releases. Known conditions may be considered with a corresponding mitigating factor (below actionable levels, engineering/deed/regulatory controls). Coverage is most often claims made. PLL can also satisfy most federal and state-specific pollution liability financial assurance requirements. PLL coverage applies to pollution losses on, at, or from and covered location and resulting in:

• Third-party claims for bodily injury or property damage (on and off site)
• Onsite and offsite mandated cleanup costs
• Associated expenses for legal defense and investigation (within the policy limits)
• Other enhancements based on risk profile (e.g., mold coverage, pollution transportation, non-owned disposal site liability, pollution, business interruption, etc.)

Contractors’ pollution liability (CPL) insurance addresses pollution conditions arising from covered contract operations performed for third parties at non-owned locations. It includes third-party cleanup costs, third-party bodily injury and property damage, including third-party business interruption and natural resource damages, pollution from transportation, disposal liability and defense costs (within the policy limits). These programs may also satisfy project-specific or fixed-base operator requirements and can be placed on behalf of the project owner(s), the primary contractor or general contractor. Coverage can be occurrence or claims made.