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Under EU Legislation all companies are subject to the costs and liabilities of environmental exposures, even those that are not directly involved with hazardous materials. Risk managers in virtually every industry must proactively analyse environmental risk issues to determine vulnerabilities. Aon can provide you with the specialised expertise needed to understand your exposure and how it impacts your financial objectives. In an increasingly punitive, legal and regulatory environment, more forward-thinking companies are taking proactive steps to explore and transfer environmental risk.
With the transposition of the EU Environmental Liability Directive 2004/35/EC (ELD), operators and companies that cause damage regulated by the ELD have significant and new liabilities for costs, damages and losses. The ELD is an EU wide legislation created to establish a common framework for the prevention and remedying of environmental damage at a reasonable cost to society. A number of Member States have already committed to requiring compulsive financial security. You can find out more on the EU Commission Website.
Depending on your exposure(s) there are different ways this form of insurance can be used as an effective liability shield from pollution events and these can be tailor-made to your business through active engagement with Aon industry experts:
Director, Specialty Practice Leader
Phone: +353 1 26666421
Mobile: +353 86 2336805
Phone: +353 1 2666510
Mobile: +353 87 1160909
Power & Energy
Agri, Food & Bev
Aon Ireland Limited t/a Aon, Aon Risk Solutions, Aon Risk Affinity, Aon Claims Management, The Bar of Ireland Financial Services and Unity Insurances is a private company limited by shares and is regulated by the Central Bank of Ireland. Registered in Ireland No. 5103. Registered Office: Metropolitan Building, James Joyce Street, Dublin 1, D01 K0Y8.
Directors: P Brady, R Endersen, K Murphy, I Thornton