The basis of legal liability may be pre-existing site pollution (prior/historical pollution) or sudden and unforeseen environmental pollution as a result of production activities. Most general liability insurance contracts exclude loss resulting from gradual pollution (for example, damage caused by fuel storage tanks or filling stations leaking for a prolonged period) and historical contamination.
The Russian market offers few options in the area of comprehensive liability insurance for environmental pollution. Local insurers usually only cover risks associated with sudden and unforeseen environmental pollution (for example, resulting from an explosion at an industrial site). Mandatory liability insurance policies for owners of hazardous industrial facilities specifically exclude risks associated with environmental damage. As a result, many businesses continue to bear the risk of liability for environmental harm and associated clean-up costs.
AIG’s environmental liability insurance products are designed for stationary industrial, manufacturing and other facilities and can cover individual or portfolio sites.
Optional additional insurance can cover:
Unmatched pollution incident and environmental response network delivering reliable and specialised support when businesses need it most .
Unmatched pollution incident and environmental response network delivering reliable and specialised support when businesses need it most.
How to report a pollution incident to PIER Europe*
Call the PIER Europe hotline: +44 (0) 1273 400965
available 24 hours a day, seven days a week, provide your contact information and a brief description of the incident
* Contacting the PIER Europe hotline does not constitute notice of a claim. You must still report your claim as detailed in your Environmental policy