Ace: Environmental warning
Ace European Group has warned that UK businesses are exposing themselves to unnecessary environmental liability risks. The insurer said too many companies continued to view specialist insurance products as too expensive and overly complicated; and had a limited understanding of the increased liabilities they will face under the EU Environmental Liability Directive.
A recent survey conducted for Ace amongst European risk managers also found that 1 in 10 major businesses expect to face an Environmental Liability loss each year. The culmination of all these factors
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