Waves of destruction
Environmental/contamination insurance is starting to gain a foothold in the industry after many years of being ignored. James Salmon examines the implications of some of the changes taking place and asks what brokers need to do in order to keep up
Environmental/contamination (E/C) insurance is still a fledgling business in the UK with only a handful of insurers, and a smattering of brokers offering this type of insurance. But the market is in considerable flux, with incoming legislation from Europe threatening to increase the pressure on businesses to protect themselves against environmental risk liability.
However, there is evidence that businesses and the general public are becoming more aware of the dangers of pollution and that the
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