As environmental risks evolve, insurance market does as well
Abundant capacity, aggressive competition, and broadening coverage options are creating a highly favorable environmental insurance market. At the same time, organizations are navigating increasingly complex exposures.
Key themes shaping the market
· Competition is benefiting buyers: Nearly 50 insurers are writing environmental coverage, creating opportunities for buyers.
· Coverage options are expanding: Insurers are gaining experience with emerging risks such as PFAS and ethylene oxide.
· Integrated solutions are gaining traction: Combined environmental and casualty policies can provide greater coverage clarity.
What environmental insurance buyers should focus on
Buyers can use today’s favorable conditions to reassess exposures, address coverage gaps, and secure solutions tailored to evolving risks.
Read the full environmental market update here to learn more. (opens a new window)
