An innovative approach to environmental liability
Risk Strategies understands the value of specialized knowledge and skills when tackling difficult problems. That’s why the Risk Strategies Environmental Liability practice maintains key strategic partnerships with environmental liability transfer companies.
Backed in their indemnification by a combination of capital and environmental insurance, Environmental Liability Transfer structures (ELTs), step directly into the client’s shoes, assuming responsibility for all current and future environmental costs and risks, executing regulatory agreements on their own behalf, and, when appropriate, acquiring the underlying assets.
This type of risk transfer structure eliminates legal and other ‘frictional’ costs associated with environmental remediation projects. An ELT approach can have a positive effect on a client’s balance sheet and programs can also be negotiated to include protections against regulatory re-openings and changes in government policy or regulations.
Risk Strategies Environmental Liability experts have the knowledge, market, and industry connections clients need to get regulatory releases and insurance-backed indemnifications on their projects.
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