Gallagher Specialty’s Post

The solar market has experienced several significant losses due to sever convective storms which has led to tighter underwriting standards. Learn how you can secure adequate insurance in the current market: https://okt.to/TkUqKD

The reductions in air pollution resulting from The Clean Air Act are a major success story in air pollution policymaking but what about internal air? Read more to find out about game-changing tech PRS: https://okt.to/z6sefk

Tornadoes are becoming more erratic, challenging businesses and the insurance market. With stricter underwriting, alternative options exist for sourcing insurance where locally it may not be possible. Find out more: https://okt.to/Tuy8xC

Much of the expertise in decommissioning oil and gas assets can be transferred to the renewable sector. Closing ageing facilities and removing the assets is not just about meeting regulatory requirements; it ensures the lifecycle of an energy project is brought to a successful conclusion. Learn how to maximise your risk transfer opportunities: https://okt.to/s0fxHb

Floating offshore wind projects are diverse in design; not all have been constructed to the fully economically viable grid scale. Discover how you can mitigate operational cost and downtime risks: https://okt.to/lEzcq1

On Monday 21st October, Dominic Lion ACII will be speaking at FERMA Forum 2024 in Madrid. Dominic will be sharing his insights on how the use of data can play a pivotal role in the property and insurance industries' path to sustainable buildings. Please get in touch if you would like to discuss the topic further.

We were delighted to be in attendance at the successful annual CTBUH conference in London’s Barbican last month. Stuart Freeman joined the panel to discuss the sustainable approach to tall buildings and Russell Gravatt’s role as juror and assisting in the appointment of the winning projects. During the panel discussion on why clients opt to renew their existing structures, one notable insight from a risk and insurance perspective emerged when participants were asked what they would change about their landmark projects. A recurring theme was the need for more comprehensive condition surveys during the design phase, especially for refurbishment and retrofit projects. By conducting thorough assessments early on, teams can gain a clearer understanding of the structure’s true condition. These findings then inform the design process, helping to optimise the project timeline and budget, and preventing issues down the road. If you wish to discuss any of these points further please reach out and we will be more than happy to help Sam Hiller.

Uncertain about how to support clients in navigating the current threat landscape across the USA? The Gallagher Crisis Protect Quarterly Threat Update provides actionable steps to identify threat indicators, implement measures, and prepare for potential incidents. To find out more, please reach out to Justin Priestley GM #riskmanagement #security #threatintelligence #crisisprotect

Decommissioning bonds provide an alternative to traditional bank finance by offering unsecured surety bonds, allowing renewable energy companies to preserve working capital for growth. Find out more: https://okt.to/9M6bZX

Last time Paul Trueman shared his thoughts on the aviation industry, we were amid the pandemic. Today, whilst we’ve navigated through the pandemic, uncertainty still looms. How do we move forward? Find out here: https://okt.to/xCewMZ