EnviroSure concentrates on Environmental Professional Indemnity Insurance. As necessary we retain specialist service resources which include: Risk Management and Loss Control and Loss Advice. Our advisers also include clients we insure.
Essential in our role is to understand the difference between commercial disputes and fortuitous events. Any failure to recognise the difference could result in the Environment being left contaminated without the financial means to fix it.
In the event that an error is made, our own Professional Indemnity Insurance has been amended to include Environmental Contamination exposure.
Our clients come from a wide diversity of Professions, Commerce and Industry including:
- Contaminated Site Investigators and Remediators
- Environmental Auditors
- Ecological Consultants (Terrestrial and Aquatic)
- Auditors for OH&S, EH&S/SHE, AWA, Work Cover, FSRA and others.
- Environmental Impact Assessors
- Risk Managers (Safety & Environmental)
- Hydrogeologists
- Waste Water Management
- Catchment Management
- GIS / Spatial Information Management
- Traffic & Transport
- Geotechnical Consultants
- Acoustical Consultants
- Waste Management
- Environmental Strategists
- Sustainability - Urban and Regional Developers
- Economists - Environmental and Agricultural
- Town/Urban Planners
- Environmental Planners
- Air Quality Managers
- Valuers
- Real Estate Agents
- Developers
OUR INITIATIVES
Working with Environmental Practitioners, we understand the strategies employed and the value in some instances of Intellectual Property.
Environmental Property Insurance is our unique initiative for environmental practitioners who have a unique method or process.
The NEW EnviroSure RENEW™ cover application takes approximately 5 minutes to complete making cover easy to obtain within a short space of time. All we need is a copy of your current insurance schedule and last year’s copy of your proposal.
LLOYD’S OF LONDON
EnviroSure is Underwritten by Lloyd’s of London:
Where the “security” is shown as Certain Underwriters at Lloyd’s of London:
The Lloyd’s insurance market is made up of approximately 66 syndicates (separate insurance underwriters) largely operating out of London. All Lloyd’s underwriters are authorised to write insurance business in Australia by APRA pursuant to the Insurance Act 1973. The Lloyd’s market is currently rated A (Excellent) by AM Best, A+ (Strong) by Fitch and A+ (Strong) by Standard & Poor’s.
The current Lloyd’s market ratings can be found at http://www.lloyds.com/Lloyds_Market/Ratings/.
Lloyd’s underwriters are represented in Australia by the Lloyd’s Representative in the Lloyd’s Australia Ltd office.
Is GST payable to a Lloyd’s Underwriter?
EnviroSure policy documents issued from Lloyd’s do not attract GST against the premium.
Is Lloyd’s prudentially regulated?
Lloyd’s Underwriters are prudentially regulated by APRA pursuant to their authorisation under the Insurance Act 1973.
EnviroSure Lloyd’s policy holders have the added protection of APRA regulated trust funds held in Australia to support EnviroSure Lloyd’s Underwriters’ business in Australia.
Direct Offshore Foreign Insurers (DOFI’s):
Unlike the Lloyd’s Underwriters securing EnviroSure products, DOFI’s are not authorized by APRA, are therefore not prudentially regulated, and are not subject to Australian consumer protection laws.
At present we do not deal with DOFI’s for any of our clients.
