Renew Risk’s Post

Last week, CarbonPool co-founder and COO Nandini Wilcke spoke at the Insuretech Insights USA conference on the panel, "Risk Revolution: Unveiling Winning Strategies for Sustainable Underwriting and a Greener Future.” It's encouraging to see the insurance industry stepping up to the challenge of finding effective risk mitigation solutions for the climate transition, but talk must be followed up with action. At CarbonPool, we are innovating in the insurance industry by becoming the world's first insurance company to build a balance sheet of high-quality carbon removals, so that we can pay our clients' claims in the actual value of their lost investments--while also contributing to scaling the carbon market ourselves at the same time. #carbon  #sustainability #carbonmarket #carboninsurance #insuretech 

📰🚨🗞️I am looking forward to speaking at InsTech’s upcoming event “Climate and property blind spots revealed: making the right decision at the right time” supported by EigenRisk and Reask. 👏🏽👏🏽 Although models and tools for #climate and #catastrophe underwriting have been available for 30 years, the insurance industry still experiences unexpected losses from natural and man-made disasters… We’re bringing together the leading founders, insurers, brokers, and climate experts to discuss the tools available in 2024 to reduce losses and reveal climate and property blind spots.👈🏾 🔗Register here to attend:  https://lnkd.in/gxiQDKzY It’s FREE For risk managers, insurers, brokers and MGAs 📣 I will speak alongside Robin Merttens at InsTech. Robin Merttens Matthew Grant InsTech Reask EigenRisk Inc. Ella Jones Zoja Wojcik Susi Ozkurt #CATModelling #SecondaryPerils #ActuarialModels #Reinsurance #Insurance

Driving Innovation in Catastrophe Insurance 🌍 🚀 The Maven VCTs recently backed McKenzie Intelligence Services, a London InsurTech business that leverages geospatial data and imagery analysis to help insurers assess and manage catastrophic events. Hear from Dean Cox, Investment Director at Maven, explain why we see significant growth potential for the business. 🗣️ If you want to read more about the investment, click below 👇 https://lnkd.in/eynu6DNr #Investment #InsurTech #GeospatialData

Celebrating #MGAs in this panel on the future of #insurance at the AltaWorld Insurance Tech & Innovation Conference. James Rawstron, Director of Underwriting at INSHUR shared his top tips for driving industry change; 📌 Always work out the need of the #customer first, then find the solution 📌 Think about the way people work in this day and age e.g. #gigeconomy and the impracticality of 12-month contracts 📌 Senior management need to sponsor the #innovation agenda. It's key to create a culture where experimentation is championed and failures are seen as a learning opportunity And finally (the most important point, in our view…!); 📌 Work with MGAs! #ITICLondon2024 #insuranceconference #insurtech #digitaltransformation

🛰 In a new Insurance Day article, Value.Space’s Reijo Pold shares insights on how satellite technologies can help insurers manage the risks associated with climate change. 🌍 ➡ As climate challenges escalate, satellite-based risk assessments and monitoring open a novel, almost real-time, and in-depth way for underwriters to understand where the risks actually are when it comes to critical infrastructure assets such as dams and tailings storage facilities. ➡ Accurate and up-to-date deformation detection capabilities of the same technology are also set to change subsidence risk management for property insurance. 🚀 With the ability to effectively identify, monitor and quantify climate change risks, expect satellite-based technology to become the industry standard soon. 🚀 Full article here 👉 https://lnkd.in/djd5BCUB 👈 #insurtech #spacetech #climatechange #space #insurance #underwriting #damsafety #infrastructure #subsidence #propertyinsurance

Howden Tiger's Michael Forman, Co-Head of North America Capital Markets & Advisory, spoke with Meg Green at the Insurance Insider’s inaugural #ProgramPartnersBusinessClub. Meg asked Michael about the strong growth in the MGA space. “This trend is here to stay” he said. “It’s certainly not cyclical. We see MGAs as a huge part of the insurance industry going forward, as they are today." Find Michael's full interview here: https://lnkd.in/d_K5dumv And for more information about Howden Tiger Capital Markets visit: https://lnkd.in/d9cxmpRZ #reinsurance #MGA #programmanagers #capitalmarkets

While natural disasters like climate risks and earthquakes are unpredictable, their financial consequences can be mitigated through proper insurance coverage. Insurance companies can play a crucial role in narrowing the protection gap by implementing several strategies from green insurance solutions to sustainable investment strategies. Learn more at The Türkiye Insurance Week 2024. Collaboration and knowledge-sharing are paramount. Register today and save more with the early bird offer: https://ow.ly/y2f150SLTUQ #MEIRturkiye #Turkiye #Insurance #InsuranceIndustry #TurkiyeRendezvous #TurkiyeRendezvous2022 #Regulation #Leadership #MiddleEast #Investment

AXA publishes a new guide to Alternative #sustainableenergy & #heating. Download your copy here https://ow.ly/bihN50QuJy3 #solarenergy #batteryenergystorage #heatpumps #windturbines #hydrogenfuelcells #insurance #riskmanagement

As the wave pool industry grows, so do the insurance challenges. Apex Risk & Insurance Services helps navigate these complexities. Watch Peter Katkov, CEO & Founder, provide expert insights on the role of insurance in wave pool ventures. #WavePoolInsurance #ExpertAdvice #ApexRisk

Its the early movers coming together on Thursday this week to discuss the role of insurance in scaling the carbon markets. Thanks to IETA for putting us together with some of the firms challenging us to step up. Excited for the debate. #carboninsurance