Insurance Business America’s Post

Chad B. of Davies shares expert insights on managing risks in cannabis insurance with Insurance Business. Discover how regulatory shifts and tailored risk management strategies are crucial for industry resilience. https://hubs.la/Q02GXgzY0 #CannabisInsurance #RiskMitigation #InsuranceLeadership #RegulatoryInsights

In a groundbreaking move, Symphony Grow has unveiled a captive insurance program tailored specifically for cannabis businesses. This risk financing tool can potentially redefine the risk management landscape for large-scale cannabis organizations. I see this as a huge paradigm shift - one that provides cannabis businesses with unprecedented autonomy over risk management. #CannabisIndustry #CaptiveInsurance #RiskManagement

Check out my latest article on insurance and other risk management issues specific to hemp and cannabis businesses. I love discussing this issue! Thank you Texas Hemp Reporter for publishing! https://lnkd.in/gAEjA7T7 #cannabislaw #cannabisattorney #hemp #hemplaw #hempattorney #insurance #riskmanagement

Political risk, particularly in relation to Corresponding Adjustments, is a hot topic in the carbon markets. Fortunately, there's an insurance market for that! Political Risk Insurance (PRI) is a long-established insurance market, geared to help businesses mitigate and manage risks arising from the adverse actions—or inactions—of governments. The aim is to provide a more stable environment in which to do business, thus enabling greater investment and scale by cushioning the impact of unpredictable and potentially sizeable losses. PRI is well placed to help the carbon markets mitigate the risks associated with correspondingly adjusted credits and to protect anyone investing in/operating in politically-uncertain environments. However, as with anything, there will be both opportunities and challenges as PRI is incorporated into carbon markets. The Kita team has spent significant time over the last year working collaboratively with both carbon market and insurance industry stakeholders to understand evolving requirements and build bridges between the two sides, with the aim of developing suitable carbon market-specific PRI policies. In the blog linked below, we provide a high-level explainer of: 🔥 Why PRI is currently a hot topic; ☑ Examples of traditional PRI and how it functions in existing markets 📊 Challenges and opportunities for PRI within the carbon markets At Kita, we understand insurance. We understand carbon. AND we understand political risk, with experts on our team such as Senior Underwriter Alek Pillay, who was a Political Risk Underwriter before joining Kita. If you wish to discuss this further, please don't hesitate to reach out. #carboninsurance #politicalrisk #carbonmarkets

Carbon Markets, Corresponding Adjustments, Political Risk, Insurance…want to know more? Read our blog. Get in touch. Lots to discuss. #politicalrisk #PRI #correspondingadjustment #carboninsurance #article6 #voluntarycarbonmarket

Parametric insurance is moving beyond its agricultural 🚜 and weather-related 🌪️ origins to transform risk management across various sectors. By offering quicker payouts and coverage for difficult-to-quantify risks, it presents a valuable complement to traditional insurance. With ongoing advancements in technology and data analytics, parametric insurance will likely see further innovation and adoption, reshaping the insurance landscape with new protections in our increasingly uncertain world. #blog #parametricinsurance #bigdata #riskmanagement

In a recent interview, Chad B., AVP of Risk Services at Davies, shares expert insights on the evolving cannabis insurance landscape with Insurance Business. He explains “We focus on dispelling fears and emphasizing robust risk management". Discover key takeaways on -       The impact of potential federal rescheduling -       Key risks in cannabis operations -       Dispelling myths about retail vs. grow operations -       Innovative risk mitigation strategies -       Future trends in cannabis insurance. Learn how Davies is pioneering risk management in this emerging market, focusing on education and robust controls to unlock the industry's potential here: https://lnkd.in/efMuTgxH #CannabisInsurance #RiskManagement #EmergingMarkets #InsuranceInnovation

Join HUB’s Anthony DellaCroce at the 2024 Association for Healthcare Risk Management of New York (AHRMNY) Annual Conference as he speaks on an important panel, “Shock Verdicts and Their Impact on Actuarial and Underwriting Analysis!" Don't miss the panel to examine the recent rise in healthcare professional liability shock verdicts in the context of jury considerations and social media underlying the same. Learn more: https://ow.ly/hVeA50S7kxx #AHRMNY #RiskManagement #Healthcare #Insurance

GAO Tek's formaldehyde products impact the finance and insurance sectors through applications in construction, healthcare, and real estate. They influence risk management, insurance claims, and property values. Ensuring compliance with safety and environmental standards, these solutions are integral to industry operations. #Formaldehyde #Finance #Insurance #Construction #RiskManagement #GAOTek #Safety #Compliance #RealEstate #Healthcare

Join HUB’s Anthony DellaCroce at the 2024 Association for Healthcare Risk Management of New York (AHRMNY) Annual Conference as he speaks on an important panel, “Shock Verdicts and Their Impact on Actuarial and Underwriting Analysis!" Don't miss the panel to examine the recent rise in healthcare professional liability shock verdicts in the context of jury considerations and social media underlying the same. Learn more: https://ow.ly/AUOo50S8u2a #AHRMNY #RiskManagement #Healthcare #Insurance