Do you know where Environmental Insurance sits? Know the gaps in coverage!

Dec 2015

Accidents happen and if environmental clean up is involved, it can be devastating to all parties. It is the duty of a Broker to inform clients of potential exposures a CGL policy does not address.

We are proud to present an exclusive Environmental Product that is designed to protect businesses against existing and emerging environmental risks and liabilities.

Our product is fully backed by Underwriters at Lloyd’s of London, the world’s specialist Insurance market. They currently hold an A.M Best strength rating of A, Fitch Rating of AA- and Standard & Poor’s Rating of A+.

Storage Tank Environmental Insurance Our Storage Tank policy addresses the pollution risks associated with specified above ground and underground tanks, including integral piping, fill points, dispensers, pumps and vapor recovery systems.

Program Parameters: Minimum premium: $1,000 Minimum deductible: $2,500 Limits: $500,000 to $40,000,000 Premises Environmental Insurance Our Premises policy addresses the risk of pollution arising at specified premises. It protects against ongoing operational pollution risks, and/or addresses the risk of legacy liabilities arising from historic operations, which are often a concern on property transactions, mergers and acquisitions.

Program Parameters Minimum premium: $5,000 Minimum deductible: $5,000 Limits of $500,000 to $40,000,000 Annual to multi-year policy periods of up to 5 years

Contractors’ Environmental Insurance Our Contractors’ policy offers blanket or project specific coverage for contractors work. We insure a wide range of public and private sector projects, including construction of airports, bridges, tunnels, railways and buildings. We target contractors involved with but not limited to Asbestos and Mould Abatement, Demolition, Drilling, Dredging, Hazardous Waste collection, Pest control, Restoration work, Landscaping, Septic installation and Haulage.

Program Parameters Minimum premium: $1,000 Minimum deductible: $1,000 Limits of between $500,000 to $40,000,000

Our Underwriting team operates with quick turnaround times, has competitive pricing, and takes a creative and flexible approach to underwriting.

Sector and Risk Appetite: Construction Gas stations Bulk fuel terminals Airports Marinas Truck-stops Auto dealerships and car rental agencies Power and water utilities Oil and gas Electricity generation, transmission and distribution

Coverage Highlights: Sudden and gradual pollution events Broad definition of pollutant including asbestos & mould On-site and off-site clean-up costs Reinstatement costs Emergency response costs Natural resource damages Civil fines and penalties Legal defence costs Loading and unloading Punitive damages, where insurable by law Nuisance claims Restoration Costs Illicit abandonment of pollutants

Optional Coverage Enhancements: Retroactive cover for historic pollution Storage tank decommissioning and replacement works First party business interruption Transported cargo Waste disposal / Non-owned disposal sites Contractual liability i.e. in leases


SWG is now providing solutions for Marine Risks

South Western Group has recently partnered with Wilson Re, a full service independent insurance and reinsurance brokerage with offices throughout the Asia Pacific region and representatives in Canada and the UK. Wilson Re specializes in the Protection & Indemnity field, and is an active coverholder in the London Marketplace.

Wilson Re has an enduring relationship with Lloyd’s, writing marine cargo business from their headquarters in Hong Kong.

This new partnership with South Western Group will allow you access to highly experienced staff, unrivaled technical and industry expertise, and an appetite to write larger accounts and higher volume.

For more information on this product, please contact Rory O’Donoghue, Branch Manager – Vancouver at extension 5202.

To see if South Western Group is up to your next challenge, contact us at, call us at 1-800-668-4275 or click HERE to visit our website.

Providing “Professional Insurance Underwriting and Marketing through Service, Integrity and Stability” for over 50 years, South Western Group is proud to service our broker channel with our underwriting knowledge and expertise.