Coordinated Technical & Financial Strategies
Coordinated Technical & Financial Strategies Entities that have a long-term perspective tend to pursue sustainable strategies and understand the value of investing in environmental assets.
Captive Environmental Insurance
Select companies with superior environmental risk management and strong financial resources may benefit from formally retaining the risks and rewards of their environmental stewardship. The long view may even yield near term improvements in financial efficiencies.
ER&FS uniquely combines independent expertise in insurance underwriting, coverage development, environmental risk assessment, and financial modeling. Since 2004, we have been designing and implementing proprietary captive environmental
insurance programs, including claim support and liability analysis.
Ecosystem Performance Value
The opportunity to improve habitat performance offers rich rewards for the natural environment while building environmental asset value, sometimes monetized as natural resource credits.
ER&FS understands both the potential value of environmental assets as well as the environmental risks that may accompany habitat restoration. We have evaluated environmental risks and benefits of restoration projects, often in
conjunction with environmental remediation.
ER&FS helped Beckman and me, personally, as a busy corporate risk manager, in managing a set of complex environmental claim issues across different internal departments and our external representatives, as well as interacting effectively with the insurer to boost our insurance recovery rate to nearly 100%. In addition to saving Beckman hundreds of thousands of dollars, ER&FS greatly facilitated our internal risk and claim management discussions, supporting my presentations to senior management. It took the cross-disciplinary expertise of ER&FS to maximize our efficiency and savings.
Doug Tignor
former Corporate Risk Manager
Beckman Coulter, Inc.