Oval Insurance Broking (Oval) has the specialist knowledge to arrange Environmental Liability Insurance in these sensitive areas. We have years of experience working with owners, former owners or prospective owners of contaminated land.

We also work closely with tenants and funders too where there are concerns over Contaminated Land or potential land contamination.

Here are just some of the Environmental Liability issues our clients often face – and how we can solve them:

Securing funding - We can put in place a policy which securitises the asset for the funder, which helps to protect the valuation, and which will deal with a problem if the owner is unable to respond financially.
 
A land owner may be concerned over potential long term residual contamination liabilities after a site has been cleaned up. We can arrange a policy to cover this long term risk.

Public Limited Companies are often reluctant or may refuse to dispose of previously and potentially contaminated land to any buyer. This might be due to concerns over the buyers perceived ability to afford remediation if a major contamination problem arises in the future.

An Environmental Liability policy can be designed to incorporate any indemnities and warranties contained in the sale and purchase agreement or lease agreement and provide financial assistance should a problem arise.
  
We’ll meet you and talk through your circumstances so we can understand your situation, before we make a recommendation. By taking the time to understand your full requirements, we will make sure that we arrange  Environmental Liability Insurance that’s appropriate and meets your specific needs.