To compete in a marketplace flooded with competition, environmental insurance carriers to better stand out from the pack are developing new products—built on a growing familiarity with and sophisticated grasp of the unique coverage requirements of specific industry classes.
Bill Pritchard, president of Beacon Hill Associates Inc., a wholesale insurance broker and program administrator specializing in the placement of environmental insurance and other specialty products, provides his perspective on a number of crucial areas in the environmental-insurance market.
EnvISIon, a new rating system to assess the sustainability of infrastructure projects, is one initiative helping government and corporate risk managers benchmark sustainability performance and provide a framework for measuring risk—as environmental risk challenges threaten to surpass insurance capacity.
Thirty years ago, insurers couldn't run fast enough from environmental risks. Today, more than 40 carriers are vying for pollution business. At a time when high-profile exposures like last year's BP oil spill are making headlines and underlining the need for coverage, learn how to get an edge in this...
Thirty years ago, insurers couldn't run fast enough from environmental risks. Today, more than 40 carriers are vying for pollution business. At a time when high-profile exposures like last year's BP oil spill are making headlines and underlining the need for coverage, learn how to get an edge in this...
William Pritchard Jr. writes on what coverage should be available in contractors' environmental insurance, new regulations and how to turn a need into an opportunity for growth.
Today's uncertain economy presents a host of challenges to businesses nationwide. Many creditworthy borrowers in the commercial credit market see both direct and indirect effects of the economic situation. The direct consequences include the lack of
(The following article is based on part of a presentation that Mr. Heft made at the AAMGA University Weekend, which was held last August in Scottsdale, Ariz.) The demand for environmental insurance is definitely growing. In 1999 the market
The environmental insurance market will remain robust in 2007, and available construction-related pollution and professional liability products have buyers' attention, a specialty intermediary firm fo
The Willis Environmental Index, released by London-headquartered insurance brokerage firm Willis Group Holdings, said total premium placed in the London and European environmental insurance market is