Insurer to Offer Coverage to Small, Mid-Size Companies

XL Insurance, the global insurance operations of XL Capital Ltd., on Feb. 2 announced that its environmental division has launched a new commercial business unit dedicated to providing pollution coverages to small and mid-size businesses.

The new Environmental Commercial Business Unit is dedicated to handling pollution insurance requests for small to mid-size businesses, particularly in the construction and commercial real estate sectors, including retail and office properties, environmental services, and general goods warehouse sectors.

Head of XL Insurance's Global Environmental unit, Rich Corbett said: "In the event of a pollution incident, it does not matter if you are a three- person firm or a multimillion dollar business, an environmental cleanup can be costly."

"The size of a business, therefore, should not hinder its ability to find quality pollution coverage and tap into the environmental expertise that the market has to offer," Corbett added. "Businesses of all sizes need to aggressively manage their environmental exposures. To help agents and brokers effectively address their clients' environmental risk management concerns, this unit is making an aggressive service commitment with a streamlined new business quote process and a promise for quick turnaround. Even more important, we vow to provide individual attention, a person to talk to, when a client has pollution questions or concerns."

Download Center

  • Waste Management in 2021: Accelerate Your Success with Technology

    Join waste management experts on February 23rd for a live best practice session webinar. You’ll learn how to take your waste program to the next level with visual location, barcoding, and mobility. Register now.

  • Green Quadrant EHS Software 2021

    Reserve your copy of the new report by independent analyst firm, Verdantix, to get a detailed, fact-based comparison of the 22 most prominent EHS software vendors in the industry.

  • Your Guide to Environmental Metrics that Drive Performance

    Translating sustainability into action starts with implementing the right metrics to assess your environmental risk and performance. Learn how to design metrics that improve your decision-making process and drive enterprise performance.

  • 5 Keys to Best-in-Class Chemical Management

    Running a safe chemical program is challenging and complex: from knowing what's on-site to proper handling and disposal - all while navigating regulatory changes. Learn the best ways to mitigate chemical risk, get the most value out of your data, and gain buy-in for a chemical management solution.

  • Unpacking ESG: 6 Questions You Were Too Afraid to Ask

    Environmental and Sustainability experts from Arcadis and Cority answer 6 of the most pressing questions EHS professionals have about getting started with Environmental, Social, and Governance (ESG) reporting.

  • Industry Safe