Executive Risk Management Services

Environmental Risk Management

In today’s marketplace, firms in every sector – from energy companies and chemical manufacturers to financial institutions and real estate developers – must regard environmental risk, including environmental insurance, as a core element of their overall risk management program.

Directors and officers of publicly held companies can now be personally liable if environmental conditions are not addressed or disclosed properly. D&O insurance does not respond to this exposure, but through the use and disclosure of environmental insurance, directors and officers can properly communicate to shareholders that environmental conditions have been addressed.

Many business owners don’t realize they have environmental exposure – until a fire or explosion results in a pollution emission. Often that is when business owners realize that standard general liability policies do not provide coverage for pollution exposures.

Wm. Rigg Co.’s professionals will help your firm access the right combination of coverages, capacity and resources you seek to manage the immediate and long-term cost of risk.s