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 |