Acknowledgment to Great American
Great American Insurance Group’s Environmental Division is pleased to announce that it has been named as a Selected Insurance Carrier for the Massachusetts Brownfield Redevelopment Access to Capital (“BRAC”) Program by the Massachusetts Business Development Corporation.
The BRAC Program promotes access to private sources of loan and investment capital for the cleanup and development of Brownfields. To help facilitate such development, the program works with selected insurance carriers to provide environmental liability coverage for investors and lenders considering Brownfield projects.
Great American’s environmental insurance policies have been thoroughly reviewed and approved for use by the BRAC Program’s administrators. In addition, Great American has developed a unique endorsement for use with the program which provides additional state-specific benefits to entities developing Brownfield sites in Massachusetts.