Nature and sustainability: Innovation in the London Market – a case study on carbon 2025

In this IIL nature and sustainability webinar, Eilis O’Keefe and Melanie Martin showcase how innovation in the London Market can lead to new insurance products to tackle the ever-evolving risk landscape in a world struggling to grapple with losses from climate change. The speakers discuss the mechanics of this new market and how product innovation comes about in the London Market ecosphere.

In this session, speakers from Kita – a carbon insurance specialist and Lloyd’s of London coverholder – share their experience of introducing insurance to the carbon markets and how insurance can be used as an instrument to scale carbon and natural capital projects. They will cover:

• What is carbon insurance?
• Why is it needed?
• What innovation was required to get here?
• Which markets does it work in?
• What impact has it had?
• How can it unlock the growth?

Learning objectives

• How new risks require new products
• How the London Market benefits innovation
• How the MGA model allows highly specialised products

Speakers

• Eilis O’Keefe, Carbon Market Specialist, Kita
• Melanie Martin, General Counsel, Kita
• Chair: William Butler, CEO, GaiaSicura Ltd