Pollution Insurance

Title: Pollution Insurance

Time: 11:00 for 12:00 finish

Speakers: Alan Shaw, Lead Underwriter, Environmental Liability, RSA
Richard Lawrence, Environmental Claims Adjustor, Questgates

Webinar details to follow

Who should attend?

Anyone dealing with a client who has a business that could impact the impact the environment arising from a pollution event – as this would apply to all businesses, everyone is welcome!

This presentation will be of interest to all those involved in General Insurance: Insurers, Brokers or those in Compliance and Sales and Marketing roles.

Overview

Increasing environmental regulation means that businesses need to be more mindful than ever of the financial, legal and reputational consequences of dealing with a pollution event, as well as their social and ethical responsibilities.

Whilst the ‘Polluter Pays’ principle exists, environmental liabilities often fall to current property owners, who find themselves being held responsible for pollution or environmental damage for which they had no knowledge of and for which they had little or no control over.

Experience has shown that even operations that consider themselves as ‘low risk’ can give rise to complex environmental issues and costly clean-up, which may not be covered under a Public Liability insurance policy.

This lecture will provide an insight to the wide range of pollution exposures that businesses face, the coverage gaps clients are exposed to under a standard public liability policy and examples of pollution incidents seen by insurers. The issues, complexity and costs associated with dealing with a pollution incident will be discussed with recent case studies.

Learning Objectives​

• Pollution exposures and how they could impact a business
• Distinguish between sudden and accidental pollution and gradual pollution
• Coverage gaps in standard liability policies
• Types of environmental insurance products available in the UK
• How to confidentially engage on pollution risks with your client
• Dealing and managing pollution incidents effectively

Speaker Biography

Alan is the lead environmental underwriter at RSA. He has 20 years in the environmental sector with a broad range of expertise and experience in engineering, finance, insurance and law. He is a Chartered Environmentalist and qualified solicitor (non-practising).
Alan gained his experience as an environmental consultant for major UK engineering consultancies before working as an environmental insurance underwriter with Certa (a managing agent for Allianz), Ironshore and now RSA. Alan has also worked as an independent environmental risk consultant for property and financial clients including General Electric.