Climate Risk and Resilience
We use insurance to support the climate response
The Climate Risk and Resilience team sits at the very heart of Howden, as part of our concerted effort to ensure all of our clients are properly protected and prepared.
We’re a team of over 70 world-class experts, based in the UK, Europe, Asia, and North and South America.
We bring specialist advisors in climate science, insurance and the financial markets, with a blend of backgrounds including the private and public sectors, academia and humanitarian organisations.
This depth and breadth of expertise is a strong driver of innovation, allowing us to design and deliver effective solutions.
We help understand climate risks, build resilience and use insurance solutions to de-risk the future.
We have a track record of delivering world-first solutions. We’ve created risk transfer products that didn’t exist before, using out-of-the-box thinking for our clients.
Accelerating the transition to net zero with risk transfer solutions
Our combined insurance, financial markets and climate expertise means we’re uniquely positioned to develop innovative risk transfer solutions.
Our insurance and capital solutions de-risk projects, lowering the cost of capital and helping projects achieve debt and equity financing, to accelerate the transition to a net zero future.
Our risk solutions focus on four key core areas:
- Financing the energy transition
- Adapting to increasingly volatile weather
- Securing the carbon markets
- Protecting food systems and biodiversity
As well as bespoke solutions for individual clients, we have developed groundbreaking, market-making climate risk insurance products.
To date, these include insurance solutions for carbon capture and storage facilities (CCS), including leakage of carbon dioxide (CO2), as well as groundbreaking products for the Voluntary Carbon Market (VCM).
Supporting urban resilience planning
Focused on embedding insurance expertise at the heart of city resilience, the Global Risk and Resilience Fellowship (GRRF) is a joint initiative with the Sustainable Markets Initiative (SMI) and Resilient Cities Network (R-Cities).
It brings together city leaders with a deep understanding of urban resilience challenges and those with the expertise and resources to overcome those challenges. The objective is to collaboratively develop solutions that empower cities to build a safe, equitable and sustainable future for all.
As part of the Fellowship, Howden created the first-of-its-kind top talent secondment programme, placing five insurance professionals into five cities’ leadership teams for three to six months each. Read the latest GRRF report (PDF).
