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Effective Mold Risk Management Offers Competitive Advantages

Effective Mold Risk Management Offers Competitive Advantages, According To Chelsea Group, Gallagher Insurance

As the estimated $10 million price tag for remediating the Hawaiian Hilton's Kalia and Lagoon Towers attests, mold is a serious threat to commercial properties, with potentially major damages to both current income and asset value. But, effectively managing the risk from mold can preserve and enhance the quality of the properties and protect building owners and managers from the liability. These actions also present an opportunity to differentiate commercial properties and operations from their competition.

How to turn the threat of mold into an advantage is the topic of a half- day seminar on Monday, September 23, 2002 at the historic Union League Club of Chicago.

"With the current media and legal focus on 'toxic' mold and related indoor air quality (IAQ) problems, it is especially important to ensure that those who operate and maintain buildings are aware of danger signs and have a plan in place to respond. This seminar will provide the facts about mold, review insurance issues, and offer clear guidance on mold and IAQ risk management," said George Benda, chairman and CEO of the Chelsea Group, a Chicago-based consulting firm specializing in indoor air quality, who is co-sponsoring the seminar with Arthur J. Gallagher & Co.

Presenters include:

* Kenneth E. Anderson, ARM, managing director, Gallagher Environment Risk & Insurance. For more than 13 years, Mr. Anderson has specialized in understanding the environmental risks faced by clients and designing risk management and insurance program that best addresses these risks. * George Benda, chairman & CEO, Chelsea Group, Ltd. Mr. Benda is a leading consultant in the Indoor Air Quality (IAQ) industry, and is well known for his strategic insights, leadership in IAQ assessment leadership. * Ky Ajayi, CIAQP, principal, Chelsea Group, Ltd. Mr. Ajayi has led numerous IAQ investigations on a variety of commercial, education, and health care buildings. He also is an experienced IAQ trainer and developer of technical training materials.

For more information or to register, call Courtney Hague at Arthur J. Gallagher & Co. at 312-803-6357, e-mail Courtney_Hague@ajg.com .

Arthur J. Gallagher & Co. (AJG), the world's fourth largest risk management and insurance brokerage provider, specializes in planning, designing, and administrating a full array of customized, cost-effective property, casualty and employee benefits programs. Gallagher Environmental Risk and Insurance (GERI), an expertise group within AJG, provides environmental risk management and insurance services, including identifying the potential environmental risks facing AJG clients, and reviewing the various risk control and financing mechanisms available that address these risks.

Chelsea Group, Ltd., headquartered near Chicago in Itasca, Ill., specializes in strategic, technical, and marketing consulting to major corporations for enhanced positioning of products and services relating to the indoor environment. For more information, visit the Chelsea Group web site at www.chelsea-grp.com or contact us at 1-800-626-6722.

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