Volatile hazards: insurance protection against the occurrence of adverse events
Accidents involving chemicals generally involve a release of hazardous substances. A frequent cause of incidents or malfunctions in a chemical factory is human error (operating errors). The effects on men and environment are usually serious, be it due to the effect of volatile substances themselves or due to corrosion. Besides fire damage, which occur relatively often, considerable strains on the environment are not infrequent (air, soil, waters).
Therefore, the legislator imposes many (reporting) obligations on companies in the chemical industry (e.g. the German Hazardous Incident Ordinance). UN numbers which classify hazardous substances within Germany, help to quickly take specific measures in the event of an incident. The United Nations implemented with the GHS (Globally Harmonized System of Classification) a globally harmonized system of classification and labeling of chemicals.
For specialists by specialists
Adequate insurance cover is essential for you as entrepreneur in the chemical industry. We create insurance and risk management solutions that are tailord to your needs. Our experts have detailed background knowledge concerning hazardous goods of any kind and the respective legal provisions, for example concerning fire protection or the handling of hazardous substances.
With us you will always find the right contact person for industry-specific constellations and enquiries, such as:
- Liability for modified mixtures (testing clause)
- Environmental Due Diligence (REACH)
- Cargo securing for transports of chemicals
- Fire protection
- Emergency measures in the event of industrial accidents or hazardous incidents
- Restoring normal operations
- Handling of substances classified as CMR substances
- Environmental damage
We also provide you with any type of industry-relevant insurance protection, such as:
- Laboratory insurance
- Hazardous materials insurance
- Environmental damage insurance