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Environmental Program


 

PBC Environmental is a wholesale environmental insurance broker that provides our agent and broker customers with the capability to offer their insured specialized environmental risk and insurance services.

Environmental issues are complex and the agent or broker that depends on the insurer to guide them in placing an environmental policy is putting both their insured and their agency at risk of an uninsured claim.

Our mission is to enable our customers to offer their clients and prospects environmental insurance expertise with the confidence of knowing the coverage is there when needed and the premium is right.

For additional information, please visit Educational Environmental and Eldercare Environmental under the Programs section.

The PBC Environmental Approach

Our goal is to deliver our resources and capabilities to the agent and insured in whatever fashion that fits the circumstances.

In some cases, agents involve us in direct discussions with clients and or their professional advisors in order to address questions and develop strategies on individuals transactions and insurance programs.

Our core objective is making certain our agents and brokers enable their clients and prospects to make fully informed business decisions concerning environmental risk and insurance.

The Bottom Line

PBC Environmental is very different from other environmental wholesalers that most often provide little more than off the shelf product offerings. We develop new approaches and solutions to specific situations facing insureds as well as using our substantial market clout to drive superior premium levels.

In addition, there is no insurance product line that is better suited for revenue growth or for use as a platform for new client relationships than the new generation of environmental insurance policies.

Here are some examples of environmental risks and exposures that we help insure for our customers; (Click on each link below for more information)

If there are any specific business sectors for which you need an exposure guide and or any other materials describing environmental risk or insurance, please contact John Butler at 212-338-2941 or JButler@ProgramBrokerage.com.

CONTRACTORS MARKET - ADMITTED IN NY

  • Real estate investment trust (REIT) with a portfolio of 133 retail locations were provided with an environmental policy which included coverage for mold and dry cleaner risks.
  • Habitational real estate owner - management company controlling 27 rental properties purchased an environmental policy which combined coverage for lead based paint and mold.
  • Large trade contractor purchased pollution liability policy which included coverage for claims arising from environmental liabilities including mold arising from their construction operations.
  • Mortgage lender purchased collateral impairment coverage insuring the loan balance for a contaminated property on which they were providing a $2mm commercial real estate loan.
  • Contractors Pollution Legal Liability for a sewer construction contractor covering the contractor against claims arising from historical and new pollution caused by the contractors work.
  • Construction project - insures project owner for pollution including mold during course of renovation.
  • Commercial real estate portfolio - Pollution Legal Liability policy insuring clean up and 3rd party claims arising from indoor and outdoor pollution including mold and contamination caused by terrorism.
  • Residential real estate portfolio - Pollution Legal Liability policy insuring residential apartment buildings for clean up and/or 3rd party claims arising from pollution including mold and lead paint.
  • Industrial Land Purchase - Environmental policy purchased by the buyer of an industrial site insuring clean up of unknown pre-existing pollution and/or new contamination.

Environmental Recent Successes

  • Real estate investment trust (REIT) with a portfolio of 133 retail locations were provided with an environmental policy which included coverage for mold and dry cleaner risks.
  • Habitational real estate owner - management company controlling 27 rental properties purchased an environmental policy which combined coverage for lead based paint and mold.
  • Large trade contractor purchased pollution liability policy which included coverage for claims arising from environmental liabilities including mold arising from their construction operations.
  • Mortgage lender purchased collateral impairment coverage insuring the loan balance for a contaminated property on which they were providing a $2mm commercial real estate loan.
  • Contractors Pollution Legal Liability for a sewer construction contractor covering the contractor against claims arising from historical and new pollution caused by the contractors work.
  • Construction project - insures project owner for pollution including mold during course of renovation.
  • Commercial real estate portfolio - Pollution Legal Liability policy insuring clean up and 3rd party claims arising from indoor and outdoor pollution including mold and contamination caused by terrorism.
  • Residential real estate portfolio - Pollution Legal Liability policy insuring residential apartment buildings for clean up and/or 3rd party claims arising from pollution including mold and lead paint.
  • Industrial Land Purchase - Environmental policy purchased by the buyer of an industrial site insuring clean up of unknown pre-existing pollution and/or new contamination.

About PBC:

Program Brokerage Corporation (PBC), www.programbrokerage.com, is the wholesale subsidiary of HUB International Group Northeast Inc. A powerful market resource for brokers and agents, we are also a partner for carriers reaching out to the commercial insurance buyer in innovative, cost-effective ways. We've pioneered an innovative approach to Purchasing Group Insurance buying, which has won popular acclaim.

For more information, please contact:

John Butler
Phone: 212-338-2941

Locations Served : Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Washington,D.C., Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming