Skyline Risk Management's Anthony Kammas Speaks at Queens Chamber of Commerce Real Estate Expo
Skyline Risk Management Inc. Founder Anthony Kammas was one of several invited speakers at the Queens Chamber of Commerce's Real Estate Expo 2016 at Terrace on the Park in Flushing Meadows, Queens, along with special guest, Queens Borough President Melinda Katz.
Other panelists included: Chuck Merritt, president at Merritt Environmental Consulting Corp; John O'Connor, senior vice president and loan officer in the Commercial Real Estate Lending Department of Flushing Bank and Swain Weiner, president and founder of Greiner-Maltz Investment Properties.
Kammas spoke on one of several panels on a wide variety of current real estate topics, including environmental contamination and how it affects real estate: "If Contamination is Discovered Can Your Deal be Salvaged?
"When purchasing real estate, an insurance broker is crucial for helping to protect an investment from the risks associated from environmental and pollution liability," advised Kammas."The potential impact of this type of risk may be minimized through the purchase of environmental liability insurance."
According to Kammas, property owners and their lenders are exposed to a series of risks associated with the environment. "Protecting their interests requires an accurate assessment from a trusted and knowledgeable insurance broker," added Kammas who advised the group that an environmental liability policy will protect an owner on a claims made basis.