Active

Mitigation Financial Assurance

Great American Insurance Group specialises in bonds and insurance for conservation and ecological restoration projects. The company underwrites performance bonds and insurance policies that meet financial assurance requirements of federal and state regulators including the US Army Corps of Engineers, US Fish and Wildlife Service, and state environmental agencies. Covered activities include stream and river restoration, wetland restoration, riparian restoration, habitat preservation, native species planting, and invasive species removal. The company serves mitigation banks, permittee-responsible mitigation, in-lieu fee programmes, and conservation banks, with limits tied to performance milestones rather than calendar dates.

Start - End Date
Unknown-ongoing
Country/Region
North America
Realm
Terrestrial

Project details

Spatial Scale

Local

Insurance Trigger Types

Indemnity

Insured Risks

Performance and Delivery Risk


Insurance Scheme Targets

Land Managers, Private - Real Economy

Insurance Scheme Developer Types

Private

Insurance Product Types

Insurance for conservation, restoration and NbS delivery, implementation, performance and management

Partners

Great American Insurance Group

Referred by

NATURANCE

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