Environmental Liability Insurance and Environmental Site Investigations: The upside of investing in contaminated properties and brownfield sites
Brownfield sites are typically in prime real estate locations. The challenge of redeveloping them lies in the uncertainty of the remediation costs and legal liabilities. Through the use of environmental insurance and environmental site assessment, the risks associated with brownfield redevelopment can be quantified and controlled.
The presenters for this webinar, Carl Spensieri and John Nicholson, are two Canadian industry experts with over 50 years of combined experience dealing with environmental issues related to real estate. During this 45-minute webinar, they will be discussing the following:
- The challenges and opportunities related to the development of contaminated sites and brownfield properties;
- Insurance instruments available to limit the liability associated with the development of contaminated sites;
- The quantification of liabilities using environmental site investigations, and
- Examples of successful use of environmental insurance and environmental site assessment in the development of brownfield properties.
This webinar will be of value to real estate developers, real estate lawyers, commercial/industrial real estate agents, those involved in the construction industry, and others interested in real estate.
Date: Thursday, February 28th, 2019
Time: 12:15 pm until 1:00 pm
Speakers: Carl Spensieri, P.Eng., M.A.Sc., Vice President – Environmental, Berkley Canada
John Nicholson, P.Eng., M.Sc.(Eng.), ALTECH Environmental Consulting Ltd.
Register: This is a free event. Send an e-mail to confirm your participation in the webinar to Felicia Ahn at [email protected] You will receive instructions on how to access the webinar. There is also the opportunity to attend in person for a very limited number of individuals.
About the Speakers
Carl Spensieri, Berkley Canada. Berkley Canada is a specialty insurance carrier. Carl is a licensed professional engineer in the Province of Ontario with 20 years of experience in environmental liability assessment, management and insurance. He is a business leader focused on driving profitable growth through innovative specialty insurance solutions. He is considered a positive business disruptor that seeks to deliver the best outcomes for his clients.
John Nicholson, P.Eng., M.Sc.(Eng.) John has an M.Sc.(Eng.) in environmental engineering and is a licensed Professional Engineer in the Province of Ontario. He has 30 years of experience in environmental consulting and with matters related to the assessment and clean-up of contaminated properties. John is a trusted advisor to several financial institutions that rely on his judgement when deciding on financing the development at brownfield sites. He has worked as an inhouse environmental engineer at a major Canadian law firm, at the Ontario Ministry of the Environment, and with a major Canadian remediation contractor.