AGCS Offers Crisis Management Response Services with Its Pollution Liability Cover

May 22, 2019

Allianz Global Corporate & Specialty (AGCS) announced it is offering expanded emergency response services as part of its Environmental Impairment Liability (EIL) coverage when pollution and/or contamination events occur.

AGCS has formed strategic partnerships with GM Consultant (global) and HETI (United States and Canada) to offer immediate support and claims investigation services for clients, worldwide.

Responding to a pollution or contamination incident in a timely and effective manner helps control the overall impact to the environment and minimizes negative effects on human health, biodiversity and property, said AGCS in a statement.

EIL coverage typically includes pollution insurance and businesses interruption (BI) indemnity covering loss of profits and extra expenses. With its partnerships with GM Consultant and HETI, AGCS can offer a 24/7 support system to handle related emergencies.

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

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

Crisis Response

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

Founded in 1999, GM Consultant group is an independent loss adjusting and consulting firm, offering comprehensive solutions for operational risk and claims management in 30 countries and jurisdictions. HETI is a full-service environmental health & safety risk management company, established in 1986, which maintains offices/contract staff throughout North America.

“Supporting an effective crisis or emergency response is becoming a key element across the AGCS Liability product line,” noted Ciara Brady, global head of Liability, 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.”

Source: Allianz Global Corporate & Specialty (AGCS)

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