Chemistry (Chemical Industry)

Comprehensive insurance solutions for the chemical industry

Safety under pressure

The chemical industry demands an uncompromising approach to safety. Handling volatile and toxic substances means that even a minor technical fault can escalate into an accident with widespread impact. Our insurance provides the last, yet robust, line of defense, protecting your balance sheet from the consequences of accidents and environmental liabilities.

Key risks in the chemical industry

Hazardous substance leaks

Contamination of air, water, or soil with toxic substances, impacting the wider environment.

Explosion and fire

Risk of exothermic reactions in reactors or ignition of stored flammable materials.

Product liability

Damages caused by a defective batch of chemicals supplied to other processors (e.g., in pharmaceuticals or plastics).

Transport of dangerous goods (ADR)

Accidents during chemical transport, requiring specialized interventions and damage remediation.

Protection for chemical operations

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Environmental liability and incidents

For chemical operations, environmental liability insurance is crucial. We cover the costs of cleaning up contaminated soil and water, remediation of hazardous substance leaks, and compensation for damages to third parties. Coverage for fire and explosion risks, including subsequent damage from smoke or extinguishing agents, is also standard.

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Production continuity

Chemical production is often a continuous process, where an interruption at one point can halt the entire chain. Business interruption insurance is designed to cover disruptions caused not only by property damage but also, for instance, by interruptions in the supply of energy or raw materials from key suppliers (CBI - Contingent Business Interruption).