Reinsurance News

Allianz (AGCS) strengthens response services for environmental emergencies

23rd May 2019 - Author: Matt Sheehan

Allianz’ corporate insurance carrier, Allianz Global Corporate & Specialty (AGCS), has expanded the emergency response services it offers as part of its Environmental Impairment Liability (EIL) coverage for pollution or contamination events.

environmental-pollution-responseIt has partnered with GM Consultant and HETI to offer a 24/7 support system, with the aim of limiting the overall impact of an event on the environment, as well as minimising negative effects on human health, biodiversity, and property.

GM Consultant group is a global independent loss adjusting and consulting firm, while HETI is a full-service environmental health & safety risk management company, operating throughout North America.

“We are extremely pleased to be working with GM Consultant,” said Peter Oenning, Head of Global Claims Liability at AGCS. “Coupled with our existing relationship with HETI in North America, we are now poised to offer a truly seamless and global response.”

“Responding to environmental emergencies requires the coordination of multiple parties, including regulatory and law enforcement agencies,” he explained.

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“This is often a daunting task, but these partners can effectively assist in appropriate response activation, remediation, regulatory communication and waste disposal, as well as claims auditing functions.”

During an emergency, dedicated specialists from GM Consultant or HETI will help AGCS EIL clients analyse the root cause of an incident, design and implement a personalised crisis response, including containment measures, and support communication and third-party coordination.

“Supporting an effective crisis or emergency response is becoming a key element across the AGCS Liability product line,” said Ciara Brady, Global Head of Liability at AGCS.

“With our new global vendor network, AGCS EIL clients will benefit from real-time, global incident response services in local languages – a great value-add service that further outlines AGCS’s commitment to providing client-centric solutions,” she added.

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