| |
Environmental
The Wortham Group has the expertise
to operate effectively in the complex field of pollution
exposures. In one case, our team worked with seven
major chemical companies to design and place a comprehensive
pollution policy that covered remediation of a jointly-owned
waste disposal site, slated to become a master-planned
residential community. This multi-year policy offered
full environmental liability protection and also provided
a cost cap feature, which limited the insureds’ expenses
if the $30 million remediation project exceeded the budget.
The policy was highly tailored to meet specific legal
requirements for each of the participating chemical firms.
From large corporations and utilities to
small municipalities, the Wortham Group’s team has
helped clients deal with environmental liability issues,
ranging from operational exposures at their owned sites
to Superfund sites. Our clients span the industrial
and transportation sectors, including oil and gas companies,
petrochemical firms, engineering contractors, construction
companies, power plant owners and railroads, along with
local and state entities. We work with a third-party
network of highly qualified engineers, earth scientists
and others skilled in addressing environmental liabilities.
Our team has expertise in dealing with environmental issues
based in tort (negligence, trespass or nuisance) and statute
(public policy).
Our clients receive customized policies
that focus on their unique situation - not “off-the-shelf”
programs. At the core of each client relationship is
our commitment to listen and understand your financial and
regulatory requirements. We leverage our strong contacts
with the global underwriting markets to deliver the best
scenario for the insurance product that addresses your organization’s
needs. |
|