December 5, 2008 The Connection between Insurance and Climate Change

As Managing Director of Live Asset Insurance I get a lot of requests to speak about our exciting new product to various interested groups across the country.

I was recently approached by Dr. David Reddick, PhD who runs a website www.climateandinsurance.orgthat is uniquely focused on insurance and climate change. Since our product provides weather related insurance relief he felt our product was worth learning about, and I agreed to an interview. The final interview is posted in the Climate and Insurance site in the Take Five column.

After the interview I was approached by Dr. Evan Mills who provided me with an exciting study “From Risk to Opportunity: Insures Resposonse to Climate Change”. This study was conducted by his group regarding the Insurance Community and the opportunity we have to set the pace for both innovative products like Live Asset Insurance, but also for social and environmental impact on the climate and our natural resources.

Live Asset Insurance is leading the green revolution with our new insurance product, but there are many other ways that the insurance community can play a role in helping bring about change not just change for change sake, but because change makes economic, social, and environmental sense.