HDI Global Launches Environmental Insurance Solutions in Mexico

HDI Global is introducing a new line of environmental insurance coverage in Mexico to help businesses mitigate risks and ensure operational continuity. The company highlights that these solutions provide comprehensive protection against a range of environmental risks affecting Mexican companies.

Mexico faces significant environmental challenges. Data from INEGI shows that environmental degradation costs about 4.6% of the country’s GDP. “This underscores the urgent need for Mexican businesses to adopt comprehensive environmental risk management strategies,” says HDI Global.

The new coverage options include environmental liability insurance, which covers environmental damage and third-party claims, including remediation costs, legal expenses, and fines. Restoration cost coverage ensures funding for restoring environmental damage on and off business premises. Prevention and mitigation cost coverage supports expenses incurred to prevent or minimize environmental damage. Business interruption insurance compensates for losses resulting from operational disruptions caused by environmental damage. Pollution liability coverage protects against third-party claims for bodily injuries, property damage, and financial losses due to pollution.

“We are excited to bring our expertise in environmental risk management to the Mexican market. The country faces unique environmental challenges, and our insurance solutions are designed to help businesses mitigate these risks, protect their assets, and foster a culture of environmental responsibility,” says Omar Mendoza, CEO, HDI Global Mexico.