In this episode of the Environmental Strategist series, Brooks Bunbury, eS and Chris Bunbury, eS from Environmental Risk Managers, Inc. examine the often-overlooked environmental risks impacting high net worth individuals and families. The discussion highlights how these exposures extend far beyond traditional insurance assumptions, with complex assets such as private aircraft, yachts, luxury properties, and investment holdings introducing a wide range of environmental liabilities.
Through real-world examples, including marina fuel spills, large-scale emissions events, and high-profile regulatory fines, the conversation illustrates how environmental incidents can quickly escalate, creating significant financial, operational, and reputational consequences. Brooks and Chris also explain why standard personal and commercial insurance solutions frequently fall short, leaving many high-net-worth insureds unknowingly self-insuring critical environmental risks.
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