Allianz Global Corporate & Specialty SE (“AGCS”) now is offering expanded emergency response services as part of its environmental impairment liability (“EIL”) coverage when pollution or contamination events occur.
In a statement, AGCS explained that it has established strategic partnerships with GM Consultant (global) and HETI (United States and Canada) to offer immediate support and claims investigation services for clients. AGCS added that, through GM Consultant and HETI, AGCS can offer a 24/7 support system to handle related emergencies.
EIL coverage typically includes pollution insurance and businesses interruption (“BI”) indemnity covering loss of profits and extra expenses.
“We are extremely pleased to be working with GM Consultant. Coupled with our existing relationship with HETI in North America, we are now poised to offer a truly seamless and global response,” stated Peter Oenning, head of global claims liability at AGCS. ”Responding to environmental emergencies requires the coordination of multiple parties, including regulatory and law enforcement agencies. This is often a daunting task, but these partners can effectively assist in appropriate response activation, remediation, regulatory communication, and waste disposal, as well as claims auditing functions.”
During an emergency, AGCS said, dedicated specialists from GM Consultant or HETI will help AGCS EIL clients analyze the root cause of an incident, design, and implement a personalized and well-planned crisis response, including containment measures and support communication and third-party coordination.
Founded in 1999, GM Consultant group is an independent loss adjusting and consulting firm, offering comprehensive solutions for operational risk and claims management in 30 countries and jurisdictions. HETI is a full-service environmental health and safety risk management company, established in 1986, which maintains offices and contract staff throughout North America.
“Supporting an effective crisis or emergency response is becoming a key element across the AGCS liability product line,” added Ciara Brady, global head of liability at AGCS. “With our new global vendor network, AGCS EIL clients will benefit from real-time, global incident response services in local languages – a great value-add service that further outlines AGCS's commitment to providing client-centric solutions.”
Victoria Spears
Victoria Prussen Spears is senior vice president of Meyerowitz Communications Inc., a law firm marketing communications consulting company. A graduate of Sarah Lawrence College and Brooklyn Law School, Ms. Spears was an attorney at a leading New York City law firm before joining Meyerowitz Communications. She may be contacted at [email protected].