Environmental Insurance

Companies across all industries have exposure to varying levels of environmental risk arising from such things as historical usage of facilities, disposal sites, and transportation risks. Managing these risks responsibly is critical to a firm's reputation, financial performance and its stakeholders.  The majority of property and casualty policies provide limited, if any, protection against environmental related loss, a gap that can be filled with environmental insurance.

HUB's Environmental insurance experts in the Ontario Region are well versed in arranging this coverage for companies in the following industries:

  • Manufacturing
  • Real Estate
  • Public Entities, including government, education and hospitals
  • Natural Resources, including mining. forestry and, oil and gas
  • Contractors, including environmental remediation firms
  • Hospitality
  • Private Equity


Common Coverages

Multiple exposures may arise from a pollution event:

  • Known and unknown pollution conditions
  • Third party Liability and/or property damage
  • Remediation expenses
  • Business Interruption
  • Legal expenses
  • Project delay
  • Change in regulation
  • Remediation cost overruns.
  • Waste disposal

Applications for Coverage

  • Construction: mandated by owner, lender or contractor
  • Operations: events arising from the regular course of day-to-day operations
  • Transactional: Mergers & Acquisitions; wrapping real or perceived legacy liabilities
  • Known Pollution Conditions: future reclamation (eg., mining), brownfield redevelopment, below actionable guidelines or landfills
  • Financial Assurance: financial security for regulators or lenders
  • Disclosure: There is an increasing requirement to identify, quantity and disclose environmental liabilities.


Rick Taylor

Partner, Senior Vice President, HUB International HKMB, Toronto
Email: rick.taylor@hubinternational.com  
Phone: 416-597-4607

Rick has over 25 years experience in the insurance industry and joined HUB International HKMB in 1993. He is a key member of our team, with management responsibilities for some of our largest accounts and a unit specializing in Construction Risks and Environmental Liability. He has a complete understanding of all insurance lines particularly more esoteric casualty risks.

Dave Turner 

Vice President, HUB International HKMB, Toronto
Email: david.turner@hubinternational.com  
Phone: 416-597-7709

Dave has over 20 years experience, including leading Canadian Environmental Practices prior to joining HUB. He was also the appointed insurance representative on the Ontario Brownfield Advisory Board and on the Toronto Board of Trade's Waterfront Taskforce.