The Weekly: El Niño Is a Stress Test for America’s Infrastructure. It Can Show Us Where to Invest Next.
There is a 75% chance that El Niño strength will exceed every event on record since 1950.
3 articles
Product Innovation: The Key To Climate Resilience For the Insurance Sector
Francis Bouchard, Managing Director of Climate for Marsh McLennan, recently interviewed Roy Wright, CEO of the Insurance Institute for Business & Home Safety (IBHS), to discuss the future of insurance in the age of climate change and the importance of product innovation.
Standards, Not Pricing: How Insurers Can Bend the Market Toward Safety as Climate Hazards Intensify
Insurers play a key role in sending risk signals, sometimes in a form other than price. These risk experts need to lead by reframing the “insurance crisis” as the “insurability crisis,” and leveraging a time-tested safety standard approach to align a complex ecosystem of competing interests.
Partnerships Mark Early Phases of Los Angeles Recovery
At the recent Milken Global Conference, rebuilding LA was top of mind. Partnership, system-level engagement, and local leadership were key themes. And the insurance sector has a critical opportunity to reframe its role in disaster preparedness and society at large.