8:00 am

Registration and Networking breakfast - Brought to you by Aspen Group

9:00 am

Opening remarks from the Chairperson

9:15 am

Legislative and regulatory update: Environmental laws and their impact on you
This session will discuss recent developments in environmental laws and how regulatory bodies have applied them. How have these laws impacted the calculation of risk across various industries?

• Polluter pays - Overview of the 2004 European Commission Environmental Liability Directive (ELD) and how it has been applied in practice
• Environmental Damage (Prevention and Remediation) Regulations 2009
• How the Environment Agency, Natural England, Marine and Fisheries Agency, Local Authorities are investigating environmental breaches
• Focus on Environmental Protection Act 1990: Part 2A
• Review of the Contaminated Land Statutory Guidance
• How have the Environmental Damage Regulations (EDR) been applied across the UK
• What have been the typical payouts and fines?

Speaker:
Aidan Thomson, Partner, Planning & Environment, BLP Law

10:00am

Insurance coverage for brownfield land projects
Brownfield sites can present a range of environmental exposures for owners, buyers, sellers, developers, lenders and investors. A solid insurance solution can provide certainty for parties entering into to joint venture agreements and mergers. This session will provide guidance on navigating this notoriously complex area of insurance.

• Overview of insurance options available to manage pollution liability in M&A’s and brownfield land development projects
• Why do brokers find it so hard to secure quotes for brownfield land projects?
• Tips for streamlining the quoting process for brownfield projects
• How to educate clients about the environmental risks associated with brownfield property transactions

Speaker:
Duncan Spencer, Director, EDIA Limited

10:45 am

Morning refreshment break

11:10 am

PANEL: Identifying gaps in mainstream coverage
Many clients are still unaware of the risks of relying on mainstream commercial insurance when it comes to pollution and damage to the environment. What is the best way to educate clients about these gaps in coverage?

• How to determine your client’s exposure
• What does “pollution” cover in standard liability and property insurance (and what are the typical exclusions and restrictions)
• What does environmental liability insurance cover that general liability and property do not?
• Educating clients about the risks of relying on mainstream commercial insurances when it comes to pollution and damage to the environment
• What are the uninsured expenses for clean-up costs and emergency works relating to a commercial fire?
• Ensuring that parties fully understand the risks involved and that therefore there are no nasty surprises for either party in the event of a claim

Panelists:
James Alexander, Practice Leader Environmental, Willis Towers Watson
Cliff Warman, Practice Leader, Environmental, Marsh
Chris Gregor, Managing Director, Partner ESI
Glenn O’Halloran, Environmental Risk Manager – UK & Ireland, Chubb European Group

12:10 am

Comparisons of the type of environmental impairment liability insurance available: UK and worldwide
Brought to you by Chubb
This session will provide an overview of coverage options for environmental liabilities, including business interruption, remediation costs, legal costs, transportation, damage to a third party's property or injury to a third party.

• How can brokers work with insurers to better cover clients against environmental risks?
• Key market differences around the world: differences in cover in Continental Europe, North America and beyond
• Understanding multinational policy structures
• Significant differences in wordings and coverage in contractor’s pollution, pollution clean-up legal liability, warranty and indemnity insurance
• Treatment of emerging risks: newly regulated compounds, cyber exposures and more

Speaker:
Karl Russek, Senior Vice President, Environmental Risk, Chubb Overseas General

1:00 pm

Networking lunch

1:50 pm

Understanding the cost of environmental risks and liabilities
Environmental liabilities are difficult to estimate due to the high degree of uncertainty and contingent nature of environmental exposures.

• Comparison of risk estimation methods: simple estimates, sophisticated probability methods and statistical analyses
• Liabilities arising from pollution or environmental damage
• Biodiversity liability: statutory liability, ‘compensatory’ or ‘complementary’ remediation and biodiversity damage
• Technical information shaping insurance provisions and estimations: quality of data & assessments
• Identifying commercially insurable remediation/risk management strategies & economically deliverable solutions
• Fixed site liabilities or liabilities involving contractors

Speaker:
Gareth Owen, Principal Geologist, ESI Consulting

2:35 pm

PANEL: Communicating risks, requirements and rates to clients
Hear from expert brokers and risk managers on how you can overcome client barriers to better protect them against environmental risks and maintain your environmental client base.

• How can you address client objections with clear communication of risks?
• What information is most influential in a client’s decision making?
• What client education tools are most effective in selling environmental insurance?

Panelists:
Stephen Sykes, Solicitor Managing Director, Ashfield Risk Transfer Solutions
Mathew Hussey, Environmental Director, Arthur J. Gallagher
Alan Shaw, Environmental Liability Lead Underwriter, RSA

3:35 pm

Afternoon refreshment break

4:00 pm

PANEL: The future of environmental liability, regulation and insurance cover
Thought leaders will share differing predictions for the future of environmental liability and insurance. How will insurers respond to the evolving market?

• What key factors today are shaping the environmental insurance market of the future?
• How will insurance products address growing demand?
• What will the future environmental insurance market look like in the UK?
• How will the regulatory policing affect the insurance landscape of tomorrow?

Panelists:
Stephen Andrews, Head of Environmental Europe, Aspen Group
Peter Jarvis, Head of Environmental Product, AIG Europe Limited
Chris Strong, Head of Environmental Impairment Liability – Regional Unit London, Allianz Global Corporate & Specialty
Clive Walker, Senior Environmental Underwriter, Zurich Global Corporate UK

5:00 pm

Conference close and networking drinks - Brought to you by Chubb