German risk and insurance management association GVNW has come out strongly against new blanket insurance exclusions for PFAS, also known as forever chemicals, that emerged during the last set of renewals, and called on the insurance industry to work with customers to better manage this exposure. More here https://ow.ly/kYqg50T7HNM #RiskManagement #GermanRiskManagement GVNW - Gesamtverband der versicherungsnehmenden Wirtschaft e.V.
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CEO and Co-Founder at Kita | We Insure Carbon | Meaningful Business 100 2023 | Telegraph NatWest 100 Female Entrepreneurs to Watch
It is impossible to work in #carboninsurance and not think about how insurance and Carbon Standard buffers overlap. I've put some thoughts down on paper in this blog, following our exciting #bufferinsurance policy with Wilder Carbon. Get in touch if you want to discuss!
A few weeks ago, we announced our new buffer insurance product; Buffer Depletion Protection Cover. Carbon standard, Wilder Carbon, is the first buyer of this policy and the provision of this insurance aims to increase confidence and integrity for Wilder Carbon’s stakeholders by providing a credit-worthy safeguard against loss and a complement to existing strong risk mitigation tools. Capacity is provided by Chaucer Group. Read the full blog for more information about how buffer insurance works, why it matters for the policyholder and the benefits it brings to the wider carbon markets: https://lnkd.in/ex-w968r Don't hesitate to contact us to find out how Buffer Depletion Protection Cover can further strengthen buffer pool safeguards: https://lnkd.in/e4tzSBhe #carboninsurance #bufferpools #vcm
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In Episode 263 of The Sustainable Finance Podcast (SFP) James Kench, CFA and I discussed "How Insuring Carbon Lowers the Cost of Capital". Carbon insurance provided by Kita unlocks financing and de-risks projects in the carbon markets, a source of investment opportunity and potential liability when not insured. Carbon insurance contracts issued by Kita are backed by leading re-insurance companies like Lloyd's’s of London. They swap the uncertainty of future losses with the certainty of insurance premiums to insure transfer of contracts, unsustainable business models and the cost of doing business. Carbon insurance can cover risk assessment, management and risk taking. SFP Episode 263 Links at YouTube, iTunes/Apple, Spotify and BrightTALK: https://lnkd.in/eTtkpMsu #carboninsurance #contracttransfers #investmentopportunity
A few weeks ago, we announced our new buffer insurance product; Buffer Depletion Protection Cover. Carbon standard, Wilder Carbon, is the first buyer of this policy and the provision of this insurance aims to increase confidence and integrity for Wilder Carbon’s stakeholders by providing a credit-worthy safeguard against loss and a complement to existing strong risk mitigation tools. Capacity is provided by Chaucer Group. Read the full blog for more information about how buffer insurance works, why it matters for the policyholder and the benefits it brings to the wider carbon markets: https://lnkd.in/ex-w968r Don't hesitate to contact us to find out how Buffer Depletion Protection Cover can further strengthen buffer pool safeguards: https://lnkd.in/e4tzSBhe #carboninsurance #bufferpools #vcm
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PFAS claims are complex to say the least. Here's an example of how our claims experts helped a client recover over $20m in defence costs and indemnity costs. Have you spoken to your risk advisor recently to build your searchable insurance archive? If no, what's stopping you? Kimberly Mann Corinne Dougherty Charles Moran
Maximizing Insurance Recovery for a Manufacturer’s PFAS Claim | Marsh
marsh.com
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#AXIS Head of Specialty, Global Markets John Owen participated in the Emerging Risks Media/Concirrus Roundtable held at this year’s International Union of Marine Insurance (IUMI) Insurance Conference. Along with industry peers, John discussed war risks and how there is a need for greater transparency and more in-depth data when looking at exposure management in the marine insurance market. Read more here: https://bit.ly/47eTA5W #marine #specialtyinsurance
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Cargo insurance is dynamic and constantly adjusting to the ever-changing global landscape. In the journey of resilience, new clauses are introduced that address emerging risks, protecting insurers against catastrophic events. One clause that has emerged recently is the Five Powers War Clause. Read about the details of this clause and how it can effect your #cargo #insurance policy: https://bit.ly/48rpnRV
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Our marine industry risk expert discusses current trends, emerging risks and how to manage marine insurance effectively https://ow.ly/QtOg30sEi2q #MarineInsurance #maritime #MaritimeIndustry #WTWPerspective
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Todd Niccol, Operations Manager — Natural Hazards, shared with Reinsurance News the latest updates brought to the New Zealand insurance industry from the new Natural Hazards Insurance Act (NHI Act) 2023. These updates are designed to enhance claims management for insurers, and Todd reveals how Gallagher Bassett has invested in technology and upskilling of our people to ensure seamless support for our clients. Discover more about these updates and their impact on insurers here: https://hubs.ly/Q02KQ3Fy0
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Very interesting read written by the International Union of Marine Insurance (IUMI) SG Lars Lange for Marine Risk International. #marineinsurance #shipping #riskmanagement
In the current issue of Marine Risk International, our Secretary General Lars Lange discusses the mounting challenges facing the shipping sector and the potential impact on marine insurance. Read his opinion below.
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Natural hazards are becoming more intense as the world is getting warmer. Traditional indemnity-based insurance is not always an option, nor always the most efficient way to address natural catastrophe exposure. Join Todd Cheema at RIMS (Risk and Insurance Management Society, Inc.) to learn how #ParametricInsurance can help companies be more prepared to these types of events: https://ow.ly/Si4F50Rff6k #RISKWORLD #RIMS2024 #AdvancingCorporateInsuranceTogether #RiskManagement #SanDiego
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Personal Risk Specialist at USI Insurance Services | Providing Families and Farms with Protection from Things They Worry About Most
It's time for another Friday Farm Funny! If you have horse that cant giddyup on your property, your generic insurance might not be covering you properly. Lets meet for a Confidential Personal Risk Assessment and get you galloping! #Fridayfarmfunny #farminsurance #personalriskassessment #farmandranch
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