CarbonPool’s Post

I'm looking forward to attending 'How Climate Change is driving innovation in the insurance Industry' on Sep 17th! If you're also planning to attend, let's connect! #insurtech #insurtechnewengland #innovation #insurance #networking #event #climatechange

Verisk is keeping a pulse on emerging risks like space weather, climate change, PFAS, and so much more. Explore our #OnDemand webinars to learn how these topics could impact the insurance industry: vrsk.co/423YeT3 #EmergingIssues #Webinar #InsuranceIndustry #Insurance

Q: How many specialist carbon insurance companies does it take to provide risk management for a market with the potential to grow to $10-$30bn by 2050? A: At least three! The Carbon Markets are forecast to grow exponentially over the coming years and carbon insurance offers a mechanism to bring transparency, security and confidence to the sector. This will require many different players creating many different products to suit the nuanced and ever-evolving needs of buyers, sellers and intermediaries. There is room for all of us: as the saying goes "A rising tide lifts all boats" (though perhaps a rising tide analogy is less than ideal for those of us working in the climate space 😉 ). Kita's Natalia Dorfman caught up with Chris Slater of Oka, The Carbon Insurance Company™ and Coenraad Vrolijk of CarbonPool during this week's meeting of The Geneva Association and this great pic shows three CEOs of three pioneering companies who all have the same ultimate goal. We've got to focus on collaboration before competition if we are going to effect the kind of change we need in the carbon solution space. #carboninsurance #collaboration #carboncredits (and if you want to learn more about the growth potential of the carbon insurance sector, take a look at our recent report on the topic: https://lnkd.in/e7PH2j6T)

"Hyper-personalization" is a phrase often linked to social media, online shopping, and political campaigning -- but is it relevant to climate risk insurance, too? I was in Boston on Tuesday at the Cleantech Group's Adaptation & Mitigation Conference, and "hyper-personalization" was the theme of an InsurTech panel featuring Christopher Lowell, CPCU, MBA of InnSure, Valkyrie Holmes of Faura and Peter Ortez of Munich Re Ventures. The idea is that better, more granular data can result in the more accurate pricing of climate risks, which can benefit policyholders and insurance carriers alike. My question is: what are the potential downsides of fragmenting "traditional" insurance risk pools? Read my write-up by subscribing to Climate Proof today 👇 https://lnkd.in/eJkTbEr5 https://lnkd.in/eu9HWBKz #climaterisk #insurance #insurability #resilience

What is carbon insurance? How does it work? This morning, David Greely is joined by Howden's Head of Carbon Insurance, Charlie Pool, for an exploration into insurance's critical role in both achieving global climate targets and restoring confidence in #carbonmarkets — because despite intense criticism by the media, carbon markets and decarbonization efforts continue to move forward. The number of companies adopting #climate commitments and #netzero targets continued to climb in 2023, and while #carboncredit issuance and prices fell, carbon credit retirements hit record levels at the end of the year with momentum continuing in 2024. Carbon reduction and removal projects to support the transition to clean energy are expensive. There are often significant barriers to financing them, each with their own sets of multiple risk factors that require diligent management for project and environmental success. In the episode, the Greely and Pool discuss: • What types of risk end up being 'deal disruptors' for investors or decision-making bodies? • How is project insurance structured for nature-based solutions, specifically in regions subject to natural disasters? • In carbon project insurance, who takes the other side of the risk transfer? • Can project methodologies be insured, or only the projects themselves? During their discussion, Pool tells Greely: “Insurance is a force for good. It’s an enabler. It allows you to open up investment opportunities to a wider audience and also allows them to do deals faster. The combination of those two things can only increase the size of the carbon market.” Listen now! https://lnkd.in/ek2a5Umr

Ready to navigate the future of insurance? Join us at “Insuring the Future,” where insurance regulators, government leaders, and industry experts will tackle climate-related risks and discuss cutting-edge strategies for resilience. Don’t miss out on transformative insights and solutions—register now! https://lnkd.in/gqXDe3m2 Connecticut Insurance & Financial Services (CT IFS) #CT #CID #DOI #Insurance #WeveGotYourBack #Climate #ClimateChange #C4I #InsuringTheFuture

Another brief but solid article from Claire King on Climate Disclosure requirements which highlights in short the reasons for them and the sources of those requirements. Well done Claire !

From green investments to innovating products that integrate ESG factors, insurers play a key role in driving decarbonization of the global economy. Learn more. #TCS #CII #ESG #NetZero #Insurance

From green investments to innovating products that integrate ESG factors, insurers play a key role in driving decarbonization of the global economy. Learn more. #TCS #CII #ESG #NetZero #Insurance

From green investments to innovating products that integrate ESG factors, insurers play a key role in driving decarbonization of the global economy. Learn more. #TCS #CII #ESG #NetZero #Insurance