Tanya Andolsen, a veteran in environmental insurance, highlighted the crucial knowledge gaps present among retail brokers during her presentation at the Society of Environmental Insurance Professionals conference. She emphasized the need for better communication and education to align coverage options with clients’ actual risks, pointing out a case where a marina was sold an inappropriate storage tank policy. With evolving regulatory frameworks and emerging contaminants like PFAS, Andolsen argued for tailored solutions and more comprehensive educational efforts to improve understanding and accessibility in environmental insurance. Collaboration among brokers, consultants, and attorneys is essential for refining risk assessments and addressing clients’ needs effectively.
Source and Details