Distinguished Programs’ Post

Brokers, looking for a reliable provider of Environmental coverage for your client's subcontracted services? Our Environmental & Construction Professional program offers tailored coverage against unique risks, supported by a team of experts. Visit the Distinguished website to learn more about our coverage options: https://hubs.li/Q02GndDt0 #insurance #pollutioninsurance #environmentalinsurance

AM Best is maintaining its estimate for ultimate net #asbestos losses at $100 billion, with environmental losses also holding steady for another year at $46 billion, as of year-end 2022. Access here: https://lnkd.in/en9ZVud2 #insurance #AsbestosEnvironmental #insuranceindustry

Don't miss our upcoming webinar on protecting your construction business from environmental incidents. Learn from legal and insurance experts as we discuss contract implications, financial impacts, steps to safeguard your business and more. Register now: https://lnkd.in/dH4KAb-3 #insurance #construction #environmental

Fact. CPL(Contractors Pollution Liability) insurance is intended to provide coverage to all types of contracting operations, including contractors who are involved in building construction and environmental firms that remediate polluted sites. Also, CPL(Contractors Pollution Liability) policies are offered on either a claims-made or occurrence basis. What’s more, CPL policies are nonstandard, meaning each policy is different and can be modified to cover the various needs of the contractor purchasing the policy. Policies can be offered on a project or blanket program basis. . . . #GSQ #GSQInsurance #CPL #ContractorsPollutionLiability #insuranceclaim

At the intersection of construction, manufacturing, transportation, science, and the law, there is never a dull moment in the environmental #insurance market.       In his op-ed for The Insurer, #AXIS Head of Environmental Eric Paglieri, CPCU, ARe addresses how certain market conditions, like social inflation, are stressing the environmental risk landscape and how AXIS is responding.       Click here to learn more: https://lnkd.in/dpyyZ94b     #specialtyinsurance   

The program can be structured to help the insured deal with uncertainties associated with potential environmental issues. To learn more visit: https://lnkd.in/gWf7Ye5B #insurance #environmentalinsurance #insurancebrokers #pollution

Did you know that Victor Canada has been underwriting Environmental Liability Insurance for 25 years? Our Contractor's Pollution (CPL) product is a fast growing segment of our EIL book, and one of the reasons for this is the revisions to CCDC in 2020 that mention a requirement for CPL coverage. Check out this animated claim story below which can be an additional tool to help you sell CPL coverage to your contracting clients.

Do your Environmental Consultant clients have adequate cover for the unforeseen? The consequences of environmental errors can be significant for consultants, impacting both their finances and reputation. Environmental hazards aren't always predictable, and they can persist despite the best efforts of Environmental Consultants. Some potential claims that Environmental Consultants may face include: ➡️ Negligent design of landfills, water or wastewater plants environmental/emission control systems ➡️ Negligent design of remediation systems ➡️ Negligent conduct of Phases ➡️ Poor environmental evaluation or site assessment ➡️ Strict liability from the brokering, selection of transporter, or selection of storage or disposal site for hazardous waste. Stay ahead by partnering with experts who understand the inherent risks for Environmental Consultants. 📩 info@genoa.co.za ☎️ 010 286 1915 🌐https://lnkd.in/eS8DNNHB Note: PRODUCT is administered by Genoa Underwriting Managers (Pty) Ltd, an authorised financial services provider [FSP no 38225]. PRODUCT is a non-life insurance product underwritten by Safire Insurance Company Limited, a licensed non-life insurer and authorised financial services provider [FSP no 2092]. #Genoa #EnvironmentalProtection #BusinessResilience #RiskManagement

Combined general liability and environmental liability policies assist in minimizing the gaps present in the standard general liability policies by blending general liability and pollution liability into one comprehensive policy form for contractors and consultants providing environmental services. For more information visit: https://lnkd.in/gns5_Na6 #insurance #contractors #insurancebrokers #insuranceindustry #environmental

It’s National Groundwater Awareness Week! 💧 Did you know groundwater plays a vital role in sustaining life? Protecting our environment isn't just a duty, it's an investment in our future. 💚 Explore our article to learn how Environmental & Construction Professional insurance can safeguard against risks and ensure a cleaner, greener tomorrow. Link in the comments below. #GroundwaterAwareness #environmentalinsurance #insurance