Environmental

Environmental risks threaten a wide variety of commercial organisations, including owners of property; industrial and commercial operations; general and specialty contractors; and the environmental services industry. These risks give rise to complex claims and can benefit from strong risk management and claims support.

In the 2020 World Economic Forum risk report, published shortly before the first COVID-19 cases were reported, all five of the top five risks in terms of likelihood were environmental, with extreme weather, climate action failure and natural disasters ranked 1-3 respectively. 

We’ve seen an increased focus on environmental risks from shareholders, regulators and activist groups. Now a reputational issue as much as an operational issue, environmental risks threaten a wide variety of commercial organizations, including owners of property; industrial and commercial operations; general and specialty contractors; and the environmental services industry. These risks give rise to complex claims and can benefit from strong risk management and claims support.