As businesses face tightening legislation and increased public scrutiny around environmental issues, environmental liability insurance is emerging as a mandatory protection tool for those in industries at risk of causing a pollution event.

Despite this, it remains a niche line of business, particularly in New Zealand where Delta Insurance is the only local insurer with a ‘boots-on-the-ground’ presence in the market.

Environmental liability insurance, also known as environmental pollution insurance, environmental impairment liability insurance, environmental risk insurance, and pollution liability insurance provides financial protection to businesses in the event that their activities result in alleged or actual harm to the environment.

Delta launched its product six years ago; however, the company’s environmental liability manager James Halfacree has been specialising in this area for the last 18 years, first in the UK and then Australia.

He’ll be sharing his insights into this increasingly important line of business at ANZIIF’s New Zealand Liability Conference on 27 July 2023.

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