Integrated 15

The transition from fossil fuel-based energy production and consumption to more renewable energy continues to be the ‘hot topic’ of discussion globally as we look to achieve the net-zero target by 2050.

In the past, Integrated has covered floods, weather bombs and other effects of global warming, as well as potential energy solutions such as hydrogen, carbon capture and offshore wind.

This issue follows a similar theme, but from a different perspective. Simon Marshall talks about the implication for insurance of the fast-evolving EV battery production process. Leo Dixon hosts an informative discussion with Conrad Biegel and Brad Ebel from MDD on the Future of Mining, in which they highlight how a number of years of ‘dirty work’ will be required to obtain a greener future. Meanwhile, an article by Torben Bell summarises discussions at the MIRA conference in November 2023.

Ewan Creswell considers a simplified approach to refinery losses and addresses some of the underwriting concerns in his article on Agreed Basis of Business Interruption Measurement, while Paul Latimer and Szen Ong comment on the release of the International Association of Engineering Insurers working paper on Floating Wind, and implications for risk management, underwriting and claims.

From a construction perspective, Liam Gilhooly covers the topical subject of modern methods of construction (MMC), identifies the challenges underwriters face when presented with MMC proposals and offers guidance on how to mitigate.