November 19, 2008

Pollution Risk Services
7870 E. Kemper Rd, Suite 240
Cincinnati, OH 45249
Phone: 513-489-2793
Fax: 513-489-2794

Pollution Risk Services is a pioneer in the development of environmental contamination clean up programs that combine environmental liability and risk transfer.

Our Clean Break program was developed to enable companies to enter into a "Liability Buyout" for environmentally contaminated sites. With the Clean Break program, liability is transferred from the responsible party/parties to Pollution Risk Services for a firm fixed dollar amount. Pollution Risk Services then manages the site-remediation activities and returns the contaminated site to full regulatory compliance. These activities are supported fully by an A.M. Best "A" rated insurance product to protect the owner/ownership group of the contaminated site.

The end result is a "Clean Break" from additional or future financial site responsibilities.

The benefits to our Clean Break clients are clear:

  • All costs associated with the remediation of impacted sites are capped, often for less than the engineer's estimate.
  • PRS assumes the management of the remediation efforts, eliminating internal and external client management of the site.
  • Highly variable liabilities are permanently removed from client's balance sheet enabling the client to focus attention on core business activities.
  • Known and unknown environmental liabilities are covered, protecting client from additional and unforeseen remediation costs.
  • Certainty of remedial actions, supported by A.M. Best "A" rated insurance carrier.
  • Full global release with contribution protection.
  • Restore positive corporate image customers, regulators, public officials, and community.

Successful applications of the PRS Clean Break Program include:

  • Multiparty "Superfund" sites with excessive administrative and legal costs.
  • Disposition of non-strategic properties with environmental liabilities.
  • Gifting properties to government entities or nonprofit organizations.
  • Companies who wish to clean up balance sheet liabilities, accelerate tax deductions, and focus on core business without the threat of future cost.

Documents in this section

Clean Break
Clean Sweep
Clean Start
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