Scariest Environmental Liability Risk: The Unknown

The Scream, by Edvard Munch (1893)It’s not the environmental issues that are “known” that keep us up at night…it’s the ones we don’t know about that scare us most. The majority of our clients tell us that they are most concerned about the unknown or unexpected environmental issues that have yet to rear their ugly heads: discovery of new pollution conditions in soil and/or groundwater, growth of toxic mold, Legionnaires’ disease, changes in environmental standards and regulations, contamination that’s unbudgeted for, toxic tort lawsuits and legal defense issues, etc. Fortunately, there are environmental insurance solutions to help transfer the risk and enable you to sleep a little better at night knowing these “monsters in the closet” are not coming out to get you.

This post was part of the special feature about Our Scariest Risks, published October 31, 2011. The feature also included these other risks:
Aerospace
Captive Insurance
China
D&O
Employee Benefits
Energy
Environmental Liability
ERM
Financial Services
FINEX
Global
Health Care
Middle East
Mining
Power
Real Estate
Reinsurance
Renewables
Supply Chain
Terrorism
Trade Credit

About Anthony Wagar

Anthony is a Executive Vice President and the National Sales Leader for Willis' Environmental practice based in New…
Categories: Environmental Liability

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