Environmental Impairment Liability

Delivering solutions for traditional & complex exposures facing today’s business owners.

OUR FOCUS

The Barn’s Environmental Liability product offers an insurance program providing bodily injury, property damage and clean-up costs resulting from a release of pollutants from, at, under, or migrating through or from real property owned, managed by, leased or rented to the insured.

Cover can be offered for an insured’s single location or on a portfolio basis. Multiple coverage parts allow for unique customisation, including coverage for transportation pollution, business interruption and products pollution. Cover includes legal liability for clean-up costs, legal expenses and compensation to third parties resulting from environmental damage, including emergency and restoration costs.

FACILITY SUMMARY

  • FIXED SITE ENVIRONMENTAL IMPAIRMENT LIABILITY (ELL)

  • CONTRACTORS POLLUTION LIABILITY (CPL)

  • UP TO $5,000,000 ANY ONE OCCURRENCE BUT IN THE ANNUAL AGGREGATE

  • 100% UNDERWRITTEN BY LLOYD’S

RISK APPETITE

  • Manufacturing

  • Commercial and residential property owners

  • Hotels and hospitality

  • Recycling and waste management facilities

  • Transport and logistics

Why take out a standalone EIL policy?

General liability policies are imperative to any business operation, but it does not fill all the liability gaps.  If not outright excluded, GL policies have limited environmental coverage that may not provide comprehensive pollution coverage and could leave the customer facing substantial clean-up costs and other liability exposures resulting from their operations. Increased environmental legislation and heightened media attraction to such impacts makes all businesses increasingly vulnerable to environmental and pollution incidents. Environmental Impairment Liability policies are created to help close the gap created by the pollution exclusions within a GL policy and ultimately add another layer of protection to help protect the insured’s balance sheet and day-to-day operations.

Why should you consider taking out an environmental policy?

Pollution incidents can arise from a variety of sources, some of which we may face each day.  

Everyday chemicals such as cleaning products or general maintenance supplies, if improperly used or stored, may cause bodily injury to third parties. Or unknown historical issues at your property may be discovered resulting in hundreds of thousands in unexpected cleanup costs. Truth be told, almost any business has environmental exposure, even if you are not handling the most toxic and dangerous of chemicals in your operation.