Berkshire Hathaway Specialty Insurance (BHSI) has launched Environmental Impairment Liability (EIL) Insurance in France.
The new policy offers coverage for multiple environmental risks as well as technical and legal support to help insureds mitigate environmental incidents and claims.
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It offers coverage to an insured’s operating sites as well as off-site services, such as transport operations. Third-party claims arising from accidental and gradual environmental damage, environmental liability, and cleanup costs for the insured site are also covered by the new policy.
Furthermore, the EIL coverage includes costs to mitigate an incident, including emergency response expenses.
BHSI France Country Manager François-Xavier d’Huart said: “Our experienced environmental team has created a policy that provides expansive coverage in clear, simple policy language, backed by BHSI’s financial strength and excellent service.
“We are pleased to continue to round out our product offerings in France and fill an important market need.”
The company noted that EIL coverage is available to operations of all sizes on a primary or excess basis.
Last month, BHSI launched Defence Base Act (DBA) insurance globally.
Two new policies were rolled out by the company, in April, offering broad coverage for the liability exposures faced by UK financial institutions.
It also launched Professional First Technology Liability Insurance policies in Australia and New Zealand in April.
