Managing environmental risk can take many different forms as organizations wrestle with challenges that vary widely depending on the industry they are in, the rules under which they operate and the loss-prevention strategies that work best for the specific perils they face.
At one company, regulatory changes could mean a risk manager will need to retool his organization’s insurance program. At another entity, the risk manager might focus on making Pollution insurers comfortable with his company’s risk profile. And at some companies, having the right Environmental program in place is crucial to securing clients.
Here’s a look at how some risk managers approach Environmental insurance.
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