While regulatory authorities, shareholders and clients hold businesses increasingly liable for costly environmental exposures, most general liability policies neglect, or even explicitly exclude, pollution risk. Enviropro directly addresses this coverage gap and offers companies a solution to regulatory obligations, contract/ lender/ landlord requirements, shareholder needs and board of director objectives.
Contact Us
Head Office
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Level 19, Citigroup Centre
2 Park Street
Sydney
New South Wales 2000 - Tel: 61 2 9240 1711
- Email: ask.aiu@aig.com
Enviropro
As market leaders in environmental insurance, the AIG Companies are dedicated to addressing new and evolving pollution risks. Our latest innovation, Enviropro, responds directly to the 2004 European Union Directive on environmental liability, which holds companies increasingly accountable for pollution risks, as well as for biodiversity restoration and remediation costs.
Enviropro provides financial protection against losses arising from gradual, sudden and accidental pollution releases, on- and off-site clean-up costs, and third-party bodily injury and property damage claims. Coverage also includes reimbursement for the restoration or remediation of damaged natural resources, habitats and species.
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Overview
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Features & Benefits
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Our comprehensive Enviropro policy covers:
• Loss arising from gradual, as well as sudden and accidental pollution conditions
• Clean-up costs
• Restoration or remediation of biodiversity damage to third-party sites
• Assessment of and legal defense for biodiversity damage claims
• Third-party bodily injury and property damage costs
• On- and off-site pollution conditions:
- Pollution releases occurring on non-owned waste disposal sites
- Pollution resulting from transportation of wastes or products
• Mitigation of loss costs to prevent the worsening of a pollution incident early on
Customer Profile
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We insure clients across a wide range of industries, including:
• Manufacturing and industrial facilities
• Bulk storage and warehouse facilities
• Waste treatment and disposal facilities
• Commercial sites including hospitals, shopping centers, laboratories, hotels and housing developments
• Local companies and multinationals