Academy Workshop: Uncovering Environmental Risk Exposures and the Overlooked Aspect of Fire Risk

Agenda

09:00 arrival – networking breakfast

09:30 session starts (1-hour session followed by Q&A and networking)

11:00 session ends

Join Chubb for an interactive workshop designed to demystify Environmental Insurance Liabilities (EIL) for businesses seeking to understand the importance of effective risk management in a rapidly changing environmental landscape. As businesses increasingly engage with renewable energy sources and technologies such as battery and lithium storage, understanding the implications of fire risk incidents on environmental liabilities has never been more critical.

This session will feature a claims scenario that mirrors real-world incidents affecting the environment, allowing you to make decisions that influence the outcome and learn critical lessons from each stage.

Who Should Attend:
This workshop is ideal for Airmic members interested in understanding the critical role of EIL in safeguarding their businesses. Whether you are new to this area or looking to enhance your knowledge, this session will provide valuable insights applicable across various industries. 

Takeaways:
Participants will leave the workshop with a clearer understanding of EIL, knowledge of critical decision-making processes during environmental incidents, and practical approaches to evaluating and mitigating their own environmental risks.

Join us in this dynamic learning experience and empower your organisation to navigate the complexities of environmental insurance with confidence!

By the end of the session, you will be able to:

Environmental Risk Overview: Gain an understanding of Environmental Risk exposures, the gaps in traditional insurance policies, reasons to purchase and the increase in fire related claims.

Claims Simulation: Experience a detailed walkthrough of an EIL situation, where you will be able to weigh in on key decisions that impact the direction of the claim.

Expert Insights: Engage with leading experts from underwriting and claims management, as they provide their perspectives at pivotal points in the scenario. These insights will highlight best practices and common pitfalls in environmental risk assessment.

Interactive Discussions: Participate in live polls and discussions that facilitate knowledge sharing and situational analysis, helping you to understand the complexities of environmental insurance.

Networking Opportunities: Connect with industry professionals, share experiences, and build a network among peers facing similar challenges in environmental risk management.

Speakers:

Jane Upson, Environmental Manager UKI, Chubb
Jo Stoffell, National Broker Business Development Manager, Chubb