Since 1997, Roux Associates has been supporting insurance carriers by assisting them with the technical aspects of underwriting pollution liability insurance and environmental remediation cost cap coverage.
We perform these services by identifying potential risks, through site visits and record reviews, that may develop during the policy periods. We then quantify those risks based on our own experience performing similar remedial projects for our “Main Street USA” and Fortune 500 clients.
In support of pollution liability underwriters, Roux Associates performs both on-site and desk-top risk evaluations to assess a potential policyholder’s compliance with environmental laws, permits, and good engineering practices.
Roux Associates has also been reviewing applications for Remediation Cost Cap policies since 2000. In performing this work, we typically review the applicant’s remedial strategy and cost estimate in order to understand their approach. After this review, our team develops a series of cost estimates designed to show the strengths and weaknesses of the applicant’s approach and costs.
Our clients appreciate this level of sophistication because it helps them understand the risks they face when underwriting a complex environmental liability.