Berkshire Hathaway Specialty Insurance (BHSI) has introduced Environmental Impairment Liability (EIL) Insurance in France. The new policy pairs coverage for multiple environmental risks with technical and legal support to help insureds mitigate environmental incidents and claims.
BHSI said the policy provides coverage for an insured’s operating sites as well as off-site services, such as transport operations. Coverage includes third-party claims arising from accidental and gradual environmental damage, environmental liability, and cleanup costs for the insured site. Costs to mitigate an incident, including emergency response expenses are also covered.
The EIL coverage is provided for operations of all sizes on a primary or excess basis, said BHSI.
The policy provides “expansive coverage in clear, simple policy language,” commented François-Xavier d’Huart, country manager, France, at BHSI. “We are pleased to continue to round out our product offerings in France and fill an important market need.”
Topics New Markets Pollution
Was this article valuable?
Here are more articles you may enjoy.
As Rates Rise, Majority of Homeowners Say Insurance Industry Is in Crisis: Survey 
Home Insurance at $10,000 a Year Shows California Buyers’ Pain 
A $29 Billion Weed Market Fights to Diversify Amid Legal Hurdles 
Supreme Court Overturns Chevron Rule in Blow to Regulators 
