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New Insurance Limits Environmental Liability

The ACE Group has added a new division to its portfolio of services: ACE Green. ACE Green provides businesses with a global insurance service specifically designed for environmental risks, including climate change risks. Air pollution, greenhouse gases, carbon capture and storage, renewable energy and many other environmental liabilities are covered through ACE Green insurance.

ACE is providing liability coverage to continue to encourage businesses to do their part for environmental safety and clean-up by minimizing the risks often associated with launching new technology or cleaning up polluted waterways. As ACE Oversees CEO John Keogh describes “companies across the world need to embrace measures that help combat the risks associated with climate and environmental change.”

Several companies within the European Union as well as the United States regularly work to minimize environmental impacts and increase environmental benefits from their manufacturing processes, through the products they purchase, and services they provide. Being a friendly neighborhood to the earth as part of regular business can still result in risks. ACE’s insurance program helps balance those benefits and risks.

Other countries are less involved with reducing impacts and increasing environmental benefits. Perhaps, ACE Green’s insurance will prompt more businesses to consider environmental approaches to business.

ACE was founded in 1985 and is one of the leading environmental insurance underwriters around the world. ACE Green also offers coverage for environmental professional indemnity, global weather, green property, political risk, and ESIS Global Risk Control Services. 

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