Bala Cynwyd, PA, August 24, 2026— Philadelphia Insurance Companies (PHLY) announces the launch of PHLY TankEAS, a new self-service online platform that allows agents and brokers to quote, bind, and issue admitted policies for eligible risks under PHLY's Storage Tank Environmental Policy (STEP) program. The portal reduces manual steps in the insurance process for above-ground and underground storage tank exposures, delivering fast access to bindable environmental coverage.
The launch comes as storage tank owners and operators face persistent environmental liability risk. The U.S. Environmental Protection Agency (EPA) estimates there are more than one million above and underground storage tanks nationwide storing petroleum or hazardous substances. Cleanup and remediation expenses from leaks can reach tens of thousands—or even millions—of dollars, making proper insurance coverage critical for businesses with storage tanks.
PHLY TankEAS provides agents with a complete end-to-end solution that simplifies submissions and accelerates policy issuance. The platform is available for qualifying admitted business in all states and jurisdictions, excluding Alaska, California, Kentucky, and Louisiana.
"Agents want digital access without losing the people who make complex business easier," said Jamie Langes, Vice President, Environmental Underwriting at Philadelphia Insurance Companies. "PHLY TankEAS brings both together: fast, intuitive access to admitted environmental solutions, backed by PHLY specialists who understand broker needs. It is technology with a human edge — built to make us easier to reach, easier to work with, and easier to do business with."
Through PHLY TankEAS, agents can:
Receive an admitted quote in less than 10 minutes
Upload large tank schedules using a simple Excel (.xlsx) template or manually enter tank information
Generate and download location and tank schedules for client review before submission
Access bindable quotes with multiple limit and deductible options
Receive policy documents and certificates of insurance immediately upon binding
Automatically receive quote and policy documentation via email, with records stored in the portal for future access
Run reports and manage submissions, quotes, and policies through their MyPHLY account
PHLY's STEP product provides environmental liability protection for above-ground and underground storage tanks. The coverage is designed to help insureds address exposures related to remediation expenses, third-party bodily injury and property damage, and other environmental liabilities resulting from covered releases. Where applicable, coverage is also designed to be a method to satisfy client storage tank owner or operator financial assurance/responsibility requirements.
The launch of PHLY TankEAS represents the latest step in PHLY's ongoing investment in digital capabilities designed to enhance the agent experience. It joins PHLY’s suite of quote-and-bind portals, including PHLYBOP for Business Owners Policies and PHLY Bond Express for commercial surety bonds.
For more information about PHLY TankEAS, visit the Storage Tank Environmental Policy (STEP) product page on PHLY.com.
About Philadelphia Insurance Companies
For over 60 years, Philadelphia Insurance Companies (PHLY) has delivered stability and peace of mind through enduring partnerships with our customers, brokers, and independent agents nationwide. We provide commercial property/casualty and professional liability coverages, comprehensive risk management, and expert claims handling across 120+ specialized industries.
As a proud member of Tokio Marine Group, one of the largest insurance groups in the world, PHLY’s exceptional financial strength has been independently validated through the highest ratings from the AM Best Company [“A++” (Superior)] and Standard & Poor’s [“A+”] since 2011. PHLY is nationally recognized as a member of Ward’s Top 50 since 2001, Business Insurance’s Best Places to Work in Insurance since 2010, and ranked as one of America’s Best Midsize Employers by Forbes.
For more information, please visit PHLY.com and connect with us on LinkedIn.