Question 2 Learning Outcome 3 [20 marks] You are an insurance broker for an ln'sh insurance broking organisation. One of your clients is my Ltd, an oil distributor who distn'butes oil to local businesses. Most of their business is generated online through a customer portal on their website. They have a standard public liability policy and a cyber insurance policy in place with you. They had one claim in the last year where oil from a large storage tank escaped into a local river over the course of 6 months from a defective pipe, killing local wildlife. They also had a cyberattack on their new online portal and customer data was compromised. (a) Discuss the liability exposure l'vW have to environmental pollution. Refer to one relevant statute in support of your answer. {6 marks) (b) Discuss appropriate insurance arrangements to cover the exposure MV Ltd have to pollution risks. {8 marks) (c) Discuss three covers that may have been availed of under their cyber policy following the recent cyberattack. {6 marks)