Environmental Risk Insurance

Environmental Insurance Program Evaluation includes the comparison of potential environmental exposures against the insurance policies in place. This follows the trail of hypothetical claim scenarios to evaluate how coverages may or may not respond.

Structure is reviewed, including:

• How policy limits and terms interact with each other;

• Where duplicate coverage may exist; and

• How adequate are self-insured retentions.

This evaluation includes a review of traditional "non-environmental" insurance policies (general liability, business automobile, umbrella) for certain environmental protections that may be included and dovetailed with environmental insurance policies.

Environmental insurance policy language can vary among insurance companies and new policy forms are consistently released. Insurance companies routinely enter and exit this market segment. The professionals at USI-ERMG perform complete policy analysis, uncovering potential coverage gaps that need to be addressed by specialized policy endorsements.

The professionals at USI-ERMG are experienced in developing and negotiating client specific environmental insurance risk transfer programs, rather than accepting an “off the shelf , one size fits all” philosophy. Having solid relationships with specialized underwriters and having a dynamic understanding of the elements that influence your environmental risk is the key.

The professionals at USI-ERMG are experienced in developing and negotiating client specific environmental insurance risk transfer programs, rather than accepting an “off the shelf , one size fits all” philosophy. Having solid relationships with specialized underwriters and having a dynamic understanding of the elements that influence your environmental risk is the key.

Extensive property portfolio can be cumbersome to manage. USI-ERMG can create a very unique, real time web tool to keep track of every property covered by an environmental insurance policy.

Features include:

An online calculator that accurately predicts the premium, taxes and  fees mirroring how insurance companies calculate premium;

An input worksheet for a quick and easy way to register information   about the site;

A Virtual Document center and;

An easy to use bound property schedule featuring a section for "coverage limitations".