The following Environment guidance note Produced in partnership with Duncan Spencer of EDIA Ltd provides comprehensive and up to date legal information covering:
Environmental insurance is used to manage environmental risks, both for operational businesses and in many transactions and development projects.
For more on environmental insurance generally, please see Practice Notes:
Environmental insurance—when is it needed?
Environmental insurance—extent of coverage
Environmental insurance—advantages and disadvantages
As of exit day (31 January 2020) the UK is no longer an EU Member State. However, in accordance with the Withdrawal Agreement, the UK has entered an implementation period, during which it continues to be subject to EU law. This has an impact on this content.
For further guidance, see Practice Note: Brexit—impact on environmental law and News Analysis: Brexit Bulletin—key updates, research tips and resources.
Standard insurance, such as public liability policies, do not provide adequate protection from environmental liabilities for businesses. This is because:
cover is limited to 'sudden and accidental' releases only
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