The coming year is sure to be filled with several intensifying environmental exposures, according to insights from Allianz Global Corporate & Specialty (AGCS). First off, as plants and facilities have closed, reopened, and/or adjusted their operations during government-mandated shutdowns related to the coronavirus pandemic, they’ve also been exposed to environmental impairment liability risks that will likely continue to impact them going into 2021. “Prior to going into the pandemic, we were seeing claims related to indoor air quality begin to increase, particularly concerning mould and Legionella,” said Rani Christie, head of distribution for AGCS. “[After] March 2020, you had these facilities that were boarded up for some period of time … and these large buildings with complex plumbing haven’t had the maintenance that you would under normal operations. That could potentially create an environment for humid and water-rich environments to sit and become stagnant, which will allow that bacteria to grow and then potentially get into the system.” To view the full article visit Insurance Business Magazine.
