Environmental Insurance: Crucial Coverage In A Volatile Climate
What every broker should know to protect their clients and themselves
In today's marketplace, firms in every sector from energy companies and chemical manufacturers to financial institutions and real estate developers must regard environmental risk, including environmental insurance, as a core element of their overall risk management program.
Yet, environmental risk remains an area that is under-represented by the greater brokerage community. Many brokers perceive environmental insurance to be highly specialized and discretionary, and therefore only appropriate in very specific situations or transactions. This can be a costly oversight.
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