The Environmental Insurance Forum

9:00 - 9:30 The Environmental Risk Management Process(Html format)
Printable version of presentation (PDF Format 327 KB) 
Kenn Anderson, Managing Director, Gallagher Environmental Risk and Insurance
The classical risk management process of identifying, preventing, controlling and financing risks can be applied effectively to environmental risks. This session provides an overview of a methodology that can be used to develop an environmental risk management strategy. This methodology will form the foundation for the rest of the course.

9:30 - 10:15 Introduction to Environmental Laws
Printable version of presentation (PDF Format 4.36 MB)
James D. Levine, Esq., McKenna Long & Aldridge LLP
To effectively manage past, present and future environmental risks, risk management professionals need to have an understanding of the laws that drive a substantial part of the loss exposure. How has legislation and regulation created environmental risks? What are the emerging legal and legislative trends that will affect organizations in future years?

10:30 - 11:15 Environmental Risks and Risk Identification Techniques
Printable version of presentation (PDF Format 1.79 MB)
Alex Rothchild, P.G., Vice President and NE Regional Manager, LFR Levine Fricke
Risk identification is the cornerstone of any risk management program. What are the most common environmental loss exposures? How can environmental risks be identified? What resources and tools are available to assist in this process? This session will also present how to read and interpret the common elements in Phase I and Phase II environmental reports. 

11:15 - 12:00 Valuing Environmental Risk Management Departments
Printable version of presentation (PDF Format 1.78 MB)
Ken Ogilvie, Senior Vice President, Environmental Strategies Corporation
Companies often question the relationship between the hard costs of environmental risk management and the benefits derived from these investments. What is the cost /benefit relationship between investment in environmental risk management and return on that investment? How does a company measure the return from environmental management investments?

12:00 - 1:15  The Future of Environmental Insurance in the Middle Market
Keynote Speaker,  Stephen Crim, President and CEO, American Safety Group
Environmental insurance is approaching its 25th year of continuous availability, yet most experts agree the overall market has less than 1 % market penetration. With a wide-open horizon for product demand, what is the future for environmental insurance? Where are the next big opportunities going to come from?

1:15 - 1:45 Overview of Environmental Insurance Products
Printable version of presentation (PDF Format 833 KB)
Thomas Owen, Environmental Manager, Freberg Environmental, Inc.
Pollution exclusions and now mold exclusions create insurance coverage gaps that need to be filled with specialty environmental insurance coverages. The environmental insurance market is constantly expanding the depth of products offered and the risk that is underwritten. Where are the best opportunities to utilize these tools to serve the needs of customers? How can risk management professionals position themselves to capitalize on these emerging opportunities?

1:45 - 2:30 Remediation Stop Loss and Finite Risk Insurance
Printable version of presentation (PDF Format 8.62 MB)
Ken Ayers, Chief Executive Officer, Willis Environmental Practice
Remediation stop loss and finite risk insurance are powerful tools to manage risks and balance sheet liabilities for environmental legacy costs. How do these innovative coverages fit into a risk management program? Can financial closure to environmental legacy costs be achieved through the innovative use of environmental insurance? What are the key advantages that can be derived through the use of these insurance products?

2:45 - 3:30 Environmental Risks and Coverages for Fixed Sites
Printable version of presentation (PDF Format 1.98 MB)
Ted Joy, Underwriter, AIG Environmental
A wide variety of environmental insurance coverages have been developed to address the needs of fixed facilities. In addition to the exposures of site owners and operators, specialty insurance products have been developed for creditors. What are the common environmental loss exposures of fixed sites and what environmental insurance products address them? Environmental insurance is now heavily relied on to assist in completing clean-up projects and to protect against future environmental clean-up costs in brownfield development, military base closure and property transfer transactions. What environmental insurance polices are applicable to these transactions? How do they fit into the owner's or contractor's insurance programs?

3:30 - 4:15 Environmental Risks and Coverage for Service Providers
Printable version of presentation (PDF Format 4.64 MB)
Barbara Deas, Vice President, Gulf Insurance Group
Most environmental contractors are aware of the need for pollution coverage for their operations and completed operations. However, contractors and consultants in any specialty may have environmental loss exposures. The incidental environmental risks of contractors are often overlooked, this is especially true with mold. What are common environmental loss exposures for contractors? What techniques can be used to identify them? How is environmental insurance used to address them?

4:15 - 5:00 Hot Topic: Mold Fungus, Microbial Matter, Bio and Nuclear Terrorism Exclusions Are All Related to Pollution Exclusions - Environmental Insurance As A Solution
Printable version of presentation (PDF Format 375 KB)
Dave Dybdahl, President, American Risk Management Resources Network, LLC
With new exclusions for these new sources of "pollution" being added to virtually all commercial and personal lines insurance policies, new forms of environmental insurance coverage are being, introduced into the market. Environmental insurance carriers are stepping in to fill the coverage gap created by these new insurance exclusions in commercial insurance policies. Many personal lines insurance companies are offering coverage buy backs for mold related damages. What insurance coverage is available to fill the coverage gaps created by the new wave of pollution exclusions? What is the current insurance market for mold related damages? Mold exclusions have created unprecedented professional liability for risk advisors. Learn how advisors can protect themselves from this new professional errors and omissions loss exposure at the same time they provide valuable and competitive services to their clients.

Friday, June 27, 2003 

9:00 - 9:45 The Environmental Insurance Underwriting Process
Printable version of presentation (PDF Format 4.82 MB)
John Broomfield, Environmental Underwriter, Zurich North America
Without published underwriting manuals, the environmental underwriting process is an intimidating mystery to most insurance practitioners. Walk through the environmental underwriting process with an experienced underwriter. Learn the best way to develop a submission for the underwriter. What information is necessary to prepare a good submission for various types of environmental insurance? Why underwriters ask the questions they do? What are the basics of environmental insurance underwriting? What are the underwriters looking for?

9:45 - 10:30 Successful Environmental Insurance Placement Strategies
Printable version of presentation (PDF Format 105 KB) 
John Adams, President and CEO, Environmental Insurance Services, Inc.
A specialty wholesaler of environmental insurance gets a rare perspective on the trends in the market place. This presentation will focus on the innovative uses of environmental insurance to solve problems. What are the current hot topic areas? What sectors are growing, which are on the decline? What markets are writing what risks? What are the market pricing benchmarks for various classes of business from recent real world placements of environmental insurance?

10:45 - 12:00 A Case Study Applying Environmental Risk Management Program for the ABC Company
Printable version of presentation (PDF Format 953 KB)
Moderator: James Bulman Environmental Strategies Corporation
Ted Joy, Underwriter, AIG Environmental
James D. Levine, Esq., McKenna Long & Aldridge LLP
Karl Duff, D.P.A., J.D., Managing Member and Principal, Professional Liability Consultants, L.L.C.
Dave Dybdahl, President, American Risk Management Resources Network, LLC
This session will be a case study involving the implementation of an environmental risk management program at the ABC Company. The case study will include techniques to identify, prevent, control and finance environmental loss exposures. ABC will attempt to sell a factory with a full complement of environmental legacy issues to the XYZ Company. How can the environmental risks be identified, quantified and incorporated into the transaction? All of the lessons learned in this course will be applied in the completion of this transaction.