2021 Corporate Growth Conference to cover managing a risk profile in the waste industry

The waste and environmental services industry is becoming increasingly difficult to insure due to fire incidents, vehicular accidents and other on-the-job threats.

As previously reported by Waste Today, commercial insurers have seen steep increases, as premiums have risen anywhere from a minimum of 25 percent to well over 100 percent in recent years, and it is getting worse in 2020. Waste companies are feeling massive pressure from these increased insurance premiums, which in turn, erodes companies’ earnings before interest, taxes, depreciation and amortization, or EBITDA, to the point that it is driving some operators to consider selling or even closing their doors.

At Waste Today’s 2021 Corporate Growth Conference, attendees will have the opportunity to hear from insurance professionals who specialize in the needs of the environmental, recycling and waste industries.

During the session Managing A Risk Profile In the Waste Industry, speakers Jimmy Whitehair and Will Denbo with Brentwood, Tennessee-based Commercial Insurance Associates (CIA) LLC will examine what tools exist to manage these risk factors and how operators have implemented them.

Denbo is the leader of CIA’s recycling and waste practice with more than 12 years of experience. He has been the driving force behind the recycling and waste practice since joining the ownership group of CIA in 2015, which includes developing exclusive insurance relationships, teaching clients/underwriters about the class and building the team as it stands today.

Whitehair has experience managing the workplace health and safety program for Bridgestone Americas in which 46,000 employees worked under his direction. This responsibility included 50 manufacturing plants across “The Americas” and included a variety of exposures in Canada, Mexico and the United States.

This experience has helped Whitehair craft customized loss control plans and broker far better risk management programs for clients within the recycling space.

This year’s Corporate Growth Conference will take place Nov. 4 at the Loews Chicago Hotel. To register, visit here.