IDEAS home Printed from https://ideas.repec.org/a/wsi/jeapmx/v04y2002i03ns1464333202001078.html
   My bibliography  Save this article

Insurer Perception Of Environmental Management Systems Regarding Insurance For Pollution

Author

Listed:
  • D. M. MINOLI

    (Imperial College of Science, Technology and Medicine, Department of Environmental Science and Technology, Royal School of Mines, Prince Consort Road, London, SW7 2BP, UK)

  • J. N. B. BELL

    (Imperial College of Science, Technology and Medicine, Department of Environmental Science and Technology, Royal School of Mines, Prince Consort Road, London, SW7 2BP, UK)

Abstract

This paper explores the use of insurance and environmental management systems (EMSs) to prevent and control the risk of pollution. To assess this issue, a series of interviews with insurers was conducted to find out their opinions and attitudes on EMSs about insurance for pollution. The main scope of the research is composite insurance, public liability and EMSs, within the UK market. Insurers' believed that EMSs could theoretically help insureds and insurers, respectively, prevent and control, and assess and settle pollution. However, there is little evidence to support this assertion. Moreover, EMSs assess pollution incompletely from the insurers' point of view. Furthermore, insurers' initial assessment and post loss investigation of pollution are generally not well developed, and there is little knowledge about and poor recognition of EMSs. Economic, practical, legal and political issues hinder insurers' ability to respond positively to EMSs. Therefore, insurance and EMSs are insufficiently developed to play a lead role in lessening the risk of pollution.

Suggested Citation

  • D. M. Minoli & J. N. B. Bell, 2002. "Insurer Perception Of Environmental Management Systems Regarding Insurance For Pollution," Journal of Environmental Assessment Policy and Management (JEAPM), World Scientific Publishing Co. Pte. Ltd., vol. 4(03), pages 349-366.
    • Handle: RePEc:wsi:jeapmx:v:04:y:2002:i:03:n:s1464333202001078
    DOI: 10.1142/S1464333202001078
    as

    Download full text from publisher

    File URL: http://www.worldscientific.com/doi/abs/10.1142/S1464333202001078
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://libkey.io/10.1142/S1464333202001078?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. D. M. Minoli & J. N. B. Bell, 2003. "Insurance as an alternative environmental regulator: findings from a retrospective pollution claims survey," Business Strategy and the Environment, Wiley Blackwell, vol. 12(2), pages 107-117, March.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wsi:jeapmx:v:04:y:2002:i:03:n:s1464333202001078. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscinet.com/jeapm/jeapm.shtml .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.