Tri-City Brokerage, a division of BISYS Commercial Insurance Services Inc., announced the launch of its environmental insurance practice, Tri-City Environmental. This new division will focus on providing risk solutions to address liabilities associated with the discovery and cleanup of known and unknown contamination that may occur in a myriad of industries including manufacturing, construction, real estate and Brownfield redevelopment.
“The need for environmental risk solutions is increasing with the growth and development of all sectors of business in the U.S. Concerns about historical and new contamination and the difficulties associated with predicting the impact of third party liabilities have made environmental insurance a vital part of risk management today,” said Ken Cornell, executive vice president of Tri-City Environmental.
Whether it’s protecting a real estate portfolio from unanticipated environmental liabilities or ensuring that a manufacturer has protection if an accident occurs, environmental insurance can be used as a tool to help promote and protect all types of business initiatives.
The Tri-City Environmental team is made up of environmental insurance professionals, attorneys, geologists and engineers allowing them to offer unique expertise in all aspects of environmental risk placements for agents and brokers.
“This team of environmental experts enables us to provide a level of innovation and expertise not offered by other wholesalers. Having an in-house environmental practice makes us a leading force in environmental insurance services,” said John Jennings, president of Tri-City Brokerage.
Source: BISYS
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