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Environmental risk

Driven by stronger legislation and enforcement, the business risks arising from pollution are increasing both in scope and potential cost.

Many businesses are unaware of the dangers of gradual pollution. While fines and legal costs are large and increasing, clean-up costs are the major issue, sometimes running into millions of dollars and draining resources over years.

Gradual pollution coverage is not usually a feature of General Liability policies. As a result, many companies are exposed to uninsured environmental risk. Specialist environmental cover may be the answer.

View our trending topics paper on Environmental risk

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Copyright 2019 Liberty International Underwriters

Liberty International Underwriters, known also as LIU or Liberty, is a trading name of Liberty Mutual Insurance Company (ABN 61 086 083 605) incorporated in Massachusetts, USA (the liability of members is limited); Liberty International Underwriters Limited (No. 2400200), incorporated in Hong Kong and Liberty International Underwriters Pte Limited (UEN 201538069C), incorporated in Singapore with a branch in Labuan (Reg. No. LF12903), licensed to carry on general insurance business under the Labuan Financial Services and Securities Act 2010, Lic. No. IS2016162 (together LIU).

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