WHAT'S NEW?

What's New?

Take the risk out of brownfield development
Insure effectively
Warranties, indemnities and PI cover are not the answer

Tightening environmental legislation in the UK and Europe makes property investment a much riskier activity than in the past. The Government is urging remediation and regeneration but beware the legal pitfalls facing those who attempt to take this on.

There is an air of nervousness, particularly among developers, funders and institutions and still the majority of funders will not consider “brownfield” lending. Everyone is attempting to pass the legal parcel and the way in which the property industry is dealing with its liabilities is flawed.

Tysers are the leading independent broker advising on environmental risk and as a testament to this expertise, were the sole representatives of the insurance industry on the land condition working group set up to deliver the recommendations of the Lord Rogers’ Urban Task Force.

We are an active member of the Environmental Industries Commission with representation on the Contaminated Land and Waste Management Resources Working Groups.

Tysers have access to the entire environmental insurance market. We provide insurance and risk management solutions to property developers, housebuilders and housing associations, contractors, consultants, funders, institutions, lawyers, and waste operators all of whom can be affected by the impact of environmental legislation.

Where the Environment Agency require financial provision, we have the solutions to unlock your and your client’s capital.

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