The life cycle of an Environmental Impairment Liability claim - Zuriksblog
Most importantly, the PIP needs to be practical, a living document that is actionable in a time of genuine crisis. Periodic test events should be undertaken to enable processes and procedures to be tested and familiar to all key stakeholders. A PIP that nobody has read or can deploy effectively is not worth the paper it’s written on.
This often links back to a fundamental misunderstanding about the role of insurance. Taking out a policy isn’t just about indemnifying losses, it’s about entering into partnership with a risk management solutions provider that can provide referrals to a range of pre-qualified, invaluable emergency response services to help minimise damage, save time at a critical juncture and ultimately save considerable amounts of money.
Leading insurers can also provide referrals to environmental consultants, solicitors specialising in defence of environmental matters and PR specialists to help protect a company’s reputation. But they can only do this if they are aware that pollution incident has taken place.
The life cycle of an EIL claim doesn’t end once the clean-up has been completed and any regulatory measures have been complied with. It is important to conduct a post-incident review to understand what went well in terms of the response, what could have gone better and what has been learnt. Once any failings have been identified they can be corrected through appropriate measures such as training while the PIP – that practical, living document – needs to be updated with any learnings from the incident. At the end of the day an EIL claim isn’t a straight line – it should be seen as a virtuous circle; an opportunity to better understand and mitigate risks, and learn how to better manage, and where possible avoid, pollution incidents in the future.
School Of Psychiatric Nursing Federal Neuropsychiatric Hospital Enugu Past Questions