Chubb broadens availability of environmental products and services

Insurer Chubb has broadened the availability of its premises pollution liability and other environmental insurance coverages and risk management solutions through its newly expanded distribution network.

Chubb's environmental products distribution network has grown from nine to 48 branch offices.

A broadened array of products and capabilities are now available for small, mid-sized, and large domestic and multinational companies. These include: premises pollution liability products, contractors pollution liability products, underground and aboveground tank coverage, and Environmental Incident ALERTSM – a response programme that offers 24/7 immediate support for environmental releases of hazardous materials and other regulated substances.

Craig Richardson, executive vice president, Chubb Environmental, said: "As other insurers exit core lines of pollution liability coverage, Chubb remains committed to being a full service provider of environmental insurance for businesses of all sizes.

"Market conditions, specific industry risks, and changing Environmental Protection Agency and state regulations have created a wide range of environmental exposures for businesses. Chubb works with companies to create environmental risk management strategies as well as provide a broad range of global environmental coverages, from traditional policies for simple operational exposures to custom programs designed specifically for complex liability relief or mergers & acquisition (M&A) transactions."