XL launches new environmental offering

XL Group has extended its global programme offering with the launch of XL WorldPass Environmental. The product has been developed to provide coverage to a broad range of industrial and commercial operators.

Simon White, head of underwriting, environmental liability, international primary casualty, said: “Increasingly stringent international environmental legislation has made the risk transfer requirements of multinational companies complex. Additional challenges come from the dynamics of globalisation, business expansion, tighter regulations and more demanding corporate governance frameworks.

"The XL WorldPass Environmental global programme solution gives our clients the capability to respond to these specific risk management and servicing requirements in an efficient, transparent and compliant manner.”

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