Ryan Transactional Risk announced the launch of a new product that will specialize in insuring the risk of cost overruns for environmental remediations and clean-ups.
Ryan Transactional Risk Enviro is providing Environmental Remediation Cost Overrun insurance for corporate transactions and divestures, mergers & acquisitions and real estate development projects. The purpose of this product is to eliminate or minimize the risk of cost overruns while remediating environmental exposures of known contaminants.
Ryan Transactional Risk Enviro uses its remediation excess policy form, in conjunction with its unique defined-scope agreement, to provide insurance coverage for the risk of these potential cost overruns. RTR Enviro is part of Ryan Transactional Risk and is open to both global and regional brokers and agencies within the United States, bringing together the underwriting team of Cole Russo, Roland Costanzo and Al Nesheiwat.
Ryan Transactional Risk is a Managing General Underwriter focused exclusively on providing transactional insurance solutions to the M&A community.
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