environmental liability insurance News

Sompo International Taps Pillion to Lead New U.S. Environmental Insurance Unit

Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, has established a new business unit to extend environmental liability insurance capabilities to a wider range of industries in the U.S. market. Sompo International will …

Pen Underwriting Builds on QBE Partnership with Irish P/C Capacity Deal

Pen Underwriting has extended its strategic relationship with QBE into the Republic of Ireland, with a new property & casualty capacity partnership in the highly specialist area of hazardous goods & environmental industries. The new partnership takes effect on Jan. …

Beazley, VALE Partner on Environmental Coverage for Small, Mid-Sized Firms

Beazley has partnered with managing general agency VALE Insurance Partners to offer its environmental cover to US-domiciled firms with revenues of up to $15 million. VALE will offer the full suite of Beazley environmental products including contractors’ pollution liability, environmental …

Everest Insurance Expands Environmental Coverage

Everest Insurance has expanded its environmental offering with its new ESP policy form, a mono-line site pollution policy form that includes coverage available for both new and pre-existing pollution conditions for bodily injury, property damage, and cleanup costs. Enhancements available …

Demand for Environmental Impairment Liability Cover Rises in Europe: Marsh

There has been a marked increase in the number of companies purchasing environmental impairment liability (EIL) cover across Europe in recent years, mainly due to an increase in regulation and buyer awareness, according to a report published by Marsh. From …

Beazley Doubles Environmental Risk Capacity to $50M with Lloyd’s Consortium

Beazley, the London-based provider of specialist environmental liability insurance, has doubled its capacity for operational and fixed site environmental risks to $50 million. Covering the environmental liabilities of large multi-national companies, the increased limits are backed by the Beazley Elements …