Environmental Impairment Liability
Environmental risks are a challenge for organizations across industries, regardless of their direct involvement with hazardous materials. Iridium Risk Services provides Environmental Impairment Liability Insurance to bridge gaps left by standard liability policies, offering tailored coverage for:
- Pollution Cleanup: Coverage for first-party and third-party remediation costs due to gradual or sudden pollution conditions on, or migrating from, your site.
- Third-Party Liability: Protection against claims for bodily injury, property damage, and natural resource damages caused by pollution.
- Business Interruption: Coverage for income loss due to environmental incidents can be included.
- Additional Coverage: Policies can extend to include risks such as mould, Legionella, transportation, and non-owned disposal sites.
In an increasingly regulated environment, proactive steps to address environmental exposures are essential. Our specialists work with you to identify vulnerabilities, ensure compliance to regulated insurance requirements, and create a risk transfer strategy that protects your business.