Surveyors should be aware of environmental insurance liabilities for themselves, their clients, and their clients' other advisers. Greater liabilities have led to a significant increase in the range of environmental insurance policies. They have also led to a growing gap in cover for environmental liabilities in public liability and other policies.
There are two major types of environmental insurance policy that surveyors may wish to advise their clients to purchase: property transfer policies and operational risk policies.
This section is maintained by Valerie Fogleman, a consultant with Stevens & Bolton LLP and Professor of Law at Cardiff University School of Law and Politics.