Contractors Pollution Liability

A Proactive Approach to Contractors Pollution Liability Insurance

Contractors Pollution Liability Insurance comprises approximately 20-25 percent of environmental insurance purchased worldwide1. However, market penetration of those who need environmental insurance is only around 10 percent2, leaving 90 percent uninsured. Gina Jones, Vice President and Director, Environmental Programs, Burns & Wilcox, discusses the low level of penetration, saying “More than a billion dollars in…

Navigating Oil and Gas Insurance Policies for Service Providers and Contractors

The oil and natural gas industry represents 65 percent of energy consumption, supporting 9.8 million jobs.1 While the employment stats are staggering, not all of those employees physically work with oil and gas. “In looking at potential clients in the oil and gas sector, service companies that support the industry giants are the place for…

Don’t Think Your Clients Have an Environmental Exposure? Think Again

Did you know that approximately 90 percent of all environmental losses are uninsured? That results in about $1 billion in losses across the industry. “The most common misconception is that a majority of contractors don’t think they need environmental coverage,” said Gina Jones, Associate Vice President, Environmental Programs, Burns & Wilcox. “Absence of loss does…