Environmental

Environmental is the Business Line of Satec Underwriting dedicated to underwriting Environmental Liability policies designed to offer complete coverage of all the risks associated with a manufacturing or commercial activity, not just in respect of the compensation for damages to third parties. As the new legal obligations impose also to cover the costs of remediation and restoration of contaminated areas in case of sudden and gradual pollution, and also a complete coverage of environmental damage (protected species and natural habitats, soil, water, air).

Target Clients

The Environmental covers are intended primarily to companies and public bodies operating in all EU Member States, in the following sectors of activity:

Food & Drink
Agricultural and farming business
Production of plastics and rubbers
Textile
Paper and wood
Construction
Energy
Oil and Gas
Metal production and treatment
Chemical (organic and inorganic chemistry, production of fertilizers, pesticides, drugs, explosives)

Waste management and treatment.
Utility
Contractors
Airports and ports
Logistics and Services (supermarkets and shopping centres)
Apartment buildings

Underwriting Focus

Premises Environmental Liability

coverage for pollution and/or environmental damage arising from Third-party liability and Environmental liability, which may affect manufacturing companies, as well as waste and goods storage.

Contractors Environmental Liability

specific coverage for companies that carry out their activities at third-party plants: remediation, maintenance and demolition services, loading and unloading of waste /goods.

Commissioning of dangerous waste transport

coverage dedicated to companies that entrust the transport of their goods to third-party carriers and cover damage due to the liability of the Principal.

Key Services

Satec Underwriting can offer its customers:

  • Environmental Emergency Response Service with primary service providers: Belfor Italia, market leader, for carrying out Emergency Response (Prevention and Emergency Measures).

  • Claims management within the Underwriting Agency entrusted to specialists, who follow the management of the claim from the reporting to the settlement.