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Why Choose AIG for Environmental Insurance?

AIG environmental insurance delivers customized coverage programs tailored to help protect Canadian companies against evolving environmental risks. Every industry is subject to environmental risk and environmental liability exposure. AIG Canada’s environmental insurance solutions are designed to provide the broad coverage that is needed to protect Canadian businesses from the continuously changing environmental landscape.

Environmental Insurance Products

What is Contractors Pollution Liability Insurance?

CPL is specifically tailored to the needs and exposures faced by contractors and offers a business-critical solution to help minimize loss when pollution conditions result from covered operations at a job site. The environmental insurance coverage has been adapted over the past few decades to meet changing market demands.

Why does your business need Contractors Pollution Liability Coverage?

  • A contractor hired by a large development corporation begins work on a warehouse and uncovers asbestos in the walls
  • During the development and construction of a residential community, excessive soil erosion and site run-off from the work site contaminate a local creek 

What does Contractors Pollution Liability cover?

CPL protects contractors against third-party claims for bodily injury, property damage or environmental damage (including related defense defence costs) resulting from pollution conditions caused by covered operations performed by or on behalf of the contractor. Target classes include a wide range of construction and commercial services contractors (contractors of all revenue and size), and all construction projects including OCIP & CCIP.

  • Coverage for third-party bodily injury, property damage and environmental damage
  • Coverage available on either a claims-made or occurrence basis
  • CPL and Contractors Pollution Occurrence (CPO) offers limits up to $50M and minimum premium of $5,000. For contractors with revenues below $20M, we offer minimum premium of $2,500
  • Available non-owned disposal site coverage
  • Available site-specific insured property coverage for contractor’s own premises
  • Available additional defence expense
  • Available expanded definition of pollution conditions may include microbial matter, legionella, silt, and sedimentation
  • Coverage for emergency response costs matches limit of liability
  • Financial strength rated A+ by S&P, and A by AM Best

The AIG Advantage

  • Employs experienced underwriters who leverage AIG's 35+ years of environmental market knowledge and expertise to write flexible, high-quality CPL solutions with tight turnaround deadlines (when necessary)
  • Enables program flexibility to help clients meet contractual requirements, including project based multi-year policies and the potential for an extension of territory beyond Canadian or American policies
  • Supports clients and underwriters with risk management program evaluations by engineers with years of insurance and environmental consulting experience
  • Policyholders have access to a 24/7 nationwide network of pre-vetted vendors for emergency response and cost control via the Pollution Incident and Environmental Response (PIER) Program®
  • AIG has experience handling large and complex pollution claims with a specialized pollution claims team
  • Provides cost-effective claims handling for litigation and mediation issues and enables clients to spend up to $10,000 in pre-claim expenses (e.g., mediation, settlement)
  • Commits to partnering with brokers and clients for the long-term

What is Environmental and General Liability Exposures Insurance?

EAGLE combines Commercial General Liability (CGL) and Pollution Legal Liability (PLL) coverage in a single cost-effective policy to help eliminate potential coverage gaps for clients from traditional to non-traditional pollution-generating industries. EAGLE helps to eliminate policies in place from multiple insurers and multiple underwriters.

Why does your business need Environmental and General Liability Exposures Coverage?

  • While replacing a steam supply valve in a critical pipe at a refinery, a back draft of hydrogen sulfide gas was released and asphyxiated an employee of a third-party contractor, resulting in death
  • A manufacturing facility had a leak in a tank onsite which resulted in the release of a hydrochloric acid vapour cloud causing respiratory issues for nearby residents

What does Environmental and General Liability Exposures cover?

EAGLE provides coverage for a huge range of potential claims that are generally not covered under a standard ISO GL policy. Target classes include manufacturing and distribution, chemical-related, metal working, construction-related, specialty, petroleum/plastic/rubber-related, and packaging/containers.

  • Emergency response costs arising from a pollution condition requiring immediate action
  • Pollution Legal Liability arising from pollution conditions on, under or migrating from an insured property or non-owned location on a claims-made and reported basis:
    • Coverage D-1a: Third-Party Claims for Bodily Injury or Property Damage or Off-site Clean-up Costs; scheduled insured properties
    • Coverage D-1b: Time-Element Third-Party Claims for Bodily Injury and Property Damage — 20-day discovery/60-day reporting of pollution conditions; definition of insured property includes all premises owned, occupied, rented, or leased by the insured
    • Coverage D-2: Third-Party Claims for Non-Owned Locations — qualified blanket locations included in base form and can schedule additional locations
  • Pollution liability insurance options include new and pre-existing conditions for claims for bodily injury, property damage and clean-up costs on or migrating from scheduled insured properties
  • Additional pollution legal liability insurance coverage afforded for environmental liabilities arising from hostile fire, products pollution, contracting operations and transportation of the insured’s goods, products, or waste
  • Primary general liability coverage includes broad form named insured, broad additional insured coverage, and no premium audit provision
  • CyberEdge® endorsement available for non-physical cyber coverage
  • Primary and excess coverage available
  • Minimum premium: EAGLE - $20,000
  • Excess — Follow Form Basis — $25M in total limits excess of the primary EAGLE (or equivalent GL/ Pollution Combined form), EL, Auto, Marine, and Foreign
    • Lead Excess — where EAGLE is the primary policy
    • Ventilated Excess — Primary EAGLE with a non-lead excess policy
    • Unsupported Excess — requires an EAGLE Equivalent primary policy, $25K minimum premium
  • Underlying coverages can be included, excluded, or sub-limited based on insured’s needs
  • Financial strength rated A+ by S&P, and A by AM Best

The AIG Advantage

  • An understanding of clients' specific risk management needs, supported by decades of experience and flexible, tailored solutions for businesses of all sizes
  • Can provide coverage worldwide through AIG’s multinational team on multinational paper
  • Policyholders have access to a 24/7 nationwide network of pre-vetted vendors for emergency response and cost control via the Pollution Incident and Environmental Response (PIER) Program®

What is Trade Contractors Pollution and Professional Liability Insurance?

Trade Contractors Pollution & Professional Liability (TCP2) is an innovative new product that combines contractor’s pollution liability (CPL) coverage and professional liability (PL) coverage for environmental and errors and omissions exposures faced by construction, service, trade, and artisan contractors.

Why does your business need Trade Contractors Pollution and Professional Liability coverage?

  • A client was incurring significant fees for their use of emergency response contractors, who often charged higher fees for after-hours responses and for clients that didn’t have a pre-negotiated contract
  • A large commercial contractor client pursues and bids on numerous projects as standard practice. To be competitive in the time-sensitive bidding process, the client requires accurate and expeditious insurance cost estimating 

What does Trade Contractors Pollution and Professional Liability cover?

TCP2 helps minimize loss from pollution resulting from covered operations and/or claims because of a negligent error or omission in the rendering of professional services.

  • Contractors Pollution Liability
    • Completed operations and transportation included in definition of covered operations
    • Microbial matter and Legionella Pneumophila included in definition of pollution conditions
    • Separate defence of $1M or more, including the option for unlimited defence options
    • Non-owned disposal site coverage
    • Supplemental coverages, including emergency response cost at CPL policy limit — no requirement for third-party claim or written demand; and pre-claim circumstance expense to help prevent or avoid a loss 
  • Professional Liability
    • Mitigation expense included
    • Contingent Retained Professional Loss included
  • Contractor’s Pollution Liability: limits up to $50M; occurrence-based coverage
  • Professional Liability: limits up to $10M; claims-made coverage
  • Annual policy term
  • Minimum premium of $2,500 for CPL and $1,500 for professional liability

The AIG Advantage

  • Employs experienced underwriters who leverage AIG's 35+ years of environmental market knowledge and expertise to write flexible, high-quality coverage solutions with tight turnaround deadlines (when necessary)
  • Specializes in writing policies for contractors with annual revenues under $20M and provides rapid, efficient response to all inquiries
  • Works with dedicated engineers with years of insurance and environmental consulting experience to assist underwriters with risk management program evaluation
  • Assists with crisis management, access to pre-vetted 24/7 emergency response contractors, and cost control via the Pollution Incident and Environmental Response (PIER) Program® and CrisisResponse®
  • Assigns in-house, industry-focused claims professionals to provide dedicated, expert guidance and prompt resolutions

What is Storage Tank Insurance?

Storage tank insurance provides coverage for clean-up costs, corrective action and third-party bodily injury and property damage claims resulting from pollution conditions from scheduled Storage Tank Systems. Coverage may also be used to satisfy financial assurance requirements. Target markets: Owners/Operators of underground storage tanks (USTs) or aboveground storage tanks (ASTs).

Why does your business need TankGuard®?

  • An employee of a storage facility noticed a fuel smell and identified a diesel leak in an aboveground storage tank
  • Soil beneath a tank in an outdoor facility was contaminated resulting in environmental testing to determine the severity of contamination

What does TankGuard cover?

  • Provides owners/operators of underground storage tanks less than 25 years old with coverage to protect against pollution conditions and third-party bodily injury
  • Provides owners/operators of above ground tanks less than 40 years old with coverage to protect against pollution conditions and third-party bodily injury

The AIG Advantage

  • Supports clients and underwriters with risk management program evaluations by engineers with years of insurance and environmental consulting experience
  • Assists with crisis management, access to pre-vetted 24/7 emergency response contractors, and cost control via the Pollution Incident and Environmental Response (PIER) Program®
  • Assigns in-house, industry-focused claims professionals to provide dedicated, expert guidance and prompt resolutions