Environmental liability
God said to Noah
Everybody loves to talk about the weather, really, don’t they? They like to have a good moan, and compare horror stories. And recently, there have been some great reasons to do so.
Flood levy could add 10% to home insurance premiums
The environment secretary, Caroline Spelman, has proposed adding a levy to all home insurance policies in order to raise enough money to cover damage in the aftermath of severe flooding.
Farr unveils land contamination legal cover
Farr Insurance has launched an environmental impairment liability (EIL) cover product.
Underinsured flooding risks costing £1bn a year
Uninsured or underinsured flooding risks are costing £1bn a year in England and Wales according to new figures.
MMA extends relationship with Kwik-Fit
MMA has joined the panel of Kwik-Fit-owned The Green Insurance Group.
Brokers tackling climate change in the workplace, survey says
Environmental issues are a top priority for most brokers, according to research from Aviva.
Corporate Underinsurance: Improving understanding of business interruption cover
Last year's riots brought the problem of a lack of business interruption cover to the fore. What are the solutions to underinsurance in this area?
Reportage: Looking to liability
As the nature of risks facing many businesses and industries changes drastically, brokers could break into areas traditionally dominated by liability specialists, writes Emmanuel Kenning
An audience with: Julian James, CII president
Next year sees the Chartered Insurance Institute celebrate the centenary of its being granted a Royal Charter. But far from sitting back and reflecting on past glories, the CII is determined to use its anniversary year to tackle the big issues set to…
QBE sets up new environmental liability team
QBE has created a new team to launch an environmental impairment liability (EIL) product.
Hiscox hires in commercial growth drive
Hiscox has strengthened its UK professions and specialty commercial (PSC) division with the appointments of Samantha Newman as head of emerging professional indemnity and charities, and Ann Meaden as senior development underwriter.
Reportage - Environmental liability: Caring for the environment
As local authorities begin to grasp the new Environmental Damage Regulations, the number of cases ending in legal action looks set to rise. Liz McMahon clarifies how brokers operating in the agricultural sector can protect themselves and their clients.
Reportage - Scheme innovation: Creative sparks
Has the financial crisis forced insurers to become more imaginative with new products and schemes or are they following where brokers lead? Louise Phillips investigates the catalyst for recent innovation in the market.
Rural appoints three regional development managers
Rural Insurance, the agricultural business insurance brand of UK General, has appointed three new regional development managers to work with brokers as part of a new business drive.
Majority of brokers say clients unwilling to pay more for environmental products
Nearly half (49.6%) of brokers believe there is a market for insurance products incorporating environmental elements, but only a minority believe customers would be willing to pay a higher premium for them, according to research by Ecclesiastical.
Risk management/claims: Brokers warned: enforce EL or risk legal action
Brokers that fail to advise clients about environmental liability risks could face legal action following a government crackdown.
Power hour: Giving something back
With the Government's introduction of the Big Society concept and public spending review, it is clear the private sector will need to step up its support of communities. This month's roundtable explores how the insurance industry should contribute…
Aon releases water utility insurance offering
Anglian Water has purchased Aon’s insurance product for water utility companies, Water Resilience Insurance.
Non-environmental policies leave clients exposed
Brokers have been warned that client businesses relying on traditional public liability policies to insure against environmental risks could be "dangerously exposed".
BLG expands following purchase of Halliwells' insurance arm
Due to the Halliwells acquisition, Barlow Lyde & Gilbert (BLG) has occupied a further four floors of its existing premises in Chancery Place, Manchester.
AA warns flood defence cuts could make hundreds of thousands of homes uninsurable
AA Insurance is urging the Government not to cut spending on flood defences in its autumn comprehensive spending review.
TGIC reports rise in profits and turnover
The Green Insurance Company (TGIC), which was set up three years ago, has reported a pre-tax profit of £670,000 for 2009, up from £35,000 the previous year.
Office efficiency: More than greenwash
Emmanuel Kenning looks at what brokers can teach each other as the profession tries to become more environmentally friendly, starting at the office.
The Green Interview: Building momentum for change
Andrew Tjaardstra speaks to Andrew Torrance, chief executive officer at Allianz and chairman of ClimateWise, about what the environmental organisation hopes to achieve and its radical proposals to last year's Copenhagen climate conference.