- Businesses
- Individuals & Families
- Partnerships
Enabling businesses across a wide range of industries to operate and grow with confidence.
Protecting all that makes your house, your home.
Build your business by providing the protection your customers need – it’s insurance for the new possible.
Environmental Insurance
Products & Services
You can be protected for current and pre-existing exposures that may not be in your general liability policy. Cover includes clean-up costs, property damage and business interruption.
Our broad protect policy provides cover against remediation and loss mitigation costs, third-party liability, biodiversity damage and more, for incidents on your own premises or a third party’s.
If you’re a contractor, this policy gives you pollution insurance for projects where it’s required, alternatively we can provide cover for your day-to-day pollution exposures.
We support your pioneering work with the first dedicated environmental policy for renewables companies in the UK and Ireland. Providing seamless coverage, from the start of construction through to their operation
Our 24-hour service gives instant access to an expert incident response team who will help you source contractors for the clean-up, address costs and mitigate any liabilities.
The Irish Environmental Protection Agency (EPA) published revised ‘Guidance on Financial Provision for Environmental Liabilities’ in 2015, placing additional requirements on their license holders. Recognising the complex nature of these financial provisions, our Environmental Risk and Surety teams have combined their expertise. We now offer bonds and policies to cover these provisions, which satisfy the EPA guidelines.
Environmental Risk
Environmental risk continues to be a challenge for businesses today, but our environmental experts can help protect you against pollution exposures. Chubb environmental insurance covers you against damages from the unintentional release of pollutants – a risk excluded from most standard commercial liability and property insurance policies.
Chubb provides market-leading environmental insurance supported by a dedicated claims and risk management service, designed to minimise the negative impact of pollution and environmental damage and help clients get back on track when these events occur.
Risk Scenarios
Who it's for
Pollution is not just a consideration for heavy industry. You might have an environmental risk if you:
- Own, operate or buy and sell property
- Operate on third-party premises
- Use, store, transport or produce a substance that may cause contamination
- Create solid, liquid or gaseous waste
- Redevelop brownfield land
- First and third party pollution remediation costs
- Biodiversity damage
- Legal liability following a pollution or biodiversity event
- Business Interruption
- Loss mitigation costs
- Transportation
Is your client exposed?
The table below identifies the potential gaps in your clients’ current insurance programmes and where they may have exposures to environmental risks. It is a broad indicator based on our experience. You should refer to specific policy wording to verify this on an individual basis.
Potential gaps
|
General Liability | Property | Environmental Liability |
|---|---|---|---|
Sudden and accidental pollution
|
✔ | X | ✔ |
| Gradual pollution |
X | X |
✔ |
| Historic pollution |
X |
X |
✔ |
| Statutory clean up |
X |
X |
✔ |
| On-site first party clean up |
X |
X |
✔ |
| Environmental liability directive |
X |
X |
✔ |
| Environmental damage |
X |
X |
✔ |
| Loss mitigation |
X |
X |
✔ |
Resources
The Irish Environmental Protection Agency (EPA) published revised ‘Guidance on Financial Provision for Environmental Liabilities’ in 2015, placing additional requirements on their license holders. Recognising the complex nature of these financial provisions, our Environmental Risk and Surety teams have combined their expertise. We now offer bonds and policies to cover these provisions, which satisfy the EPA guidelines.
Environmental risk is a part of every organisation’s profile. Strategy and operations are increasingly shaped by regulation, which is often complex to navigate. Chubb’s expertise and partnered approach provides a solution to these challenges