The Sarbanes-Oxley Act and some newly defined requirements for financial disclosure have expanded the accountability for environmental reporting beyond risk and environmental managers to CFOs, general counsels and even CEOs. By the same token, shareholders, analysts, investors and other stakeholders are seeking clarity about the nature and extent of environmental liabilities facing an organization - and reassurance that they are being addressed in an appropriate manner. Simply put, today's corporate governance standards demand transparency and strongly underscore the need for a comprehensive environmental strategy designed to protect an organization's bottom line.
The Willis North American Environmental Practice has long been a leader in assisting clients with the management of these risks - we were, in fact, the first broker to launch an environmental practice. Many of the solutions initiated by us have become industry standards. We help clients identify exposures and then establish and optimize their environmental liability risk management strategies. We have teams in all major cities and can work with clients to:
- Identify and analyze environmental risks and potential liabilities
- Design and deliver the most appropriate risk management program to address known, unknown, legacy or future environmental issues
- Utilize insurance and risk finance to settle environmental litigation and disputes
- Resolve claims against prior insurance carriers through structured settlements
- Collaborate with corporate finance teams to reduce uncertainty associated with financial reporting disclosures of environmental liabilities
- Develop programs to address the environmental risks associated with mergers, acquisitions, divestitures or business closures
- Structure financial assurance mechanisms to satisfy state and federal requirements associated with closure and decommissioning of plants, mines and landfills
Please continue to explore the Willis North America Environmental Practice on these pages.
Who Needs Coverage? - We can help you determine your coverage requirements, even ones that aren't always obvious.
Programs - We develop customized programs for each client. What do these programs accomplish?
Why Willis? - What differentiates Willis in this highly specialized coverage area?
Coverage Options - We can provide risk transfer options and solutions to fit every risk profile.