"Geopolitical insurance: Are you covered?"

In this episode of The S4GEO Podcast, titled "Geopolitical Insurance: Are You Covered?", Rodger Baker engages with industry experts Dominic Donald and Guy Moffitt to explore the crucial intersection of geopolitical risk and insurance. As we navigate the current conflicts impacting global trade, particularly in the Middle East, we discuss how businesses can assess their insurance coverage, especially in light of war exclusions that could leave them vulnerable. The conversation delves into the unique challenges faced by companies reliant on international supply chains and the importance of understanding contingent exposures. By unpacking the role of insurance in enabling and protecting business continuity amidst geopolitical tensions, this episode provides vital insights for organizations aiming to navigate today’s complex landscape effectively. Dominick Donald has spent 25 years helping corporations, governments, the media and multinational organizations understand the implications of global and regional developments. This has included being an advisor to the Joint War risks Committee of the Lloyds insurance market for two decades advising financial institutions on how to anticipate future events, and how markets will respond to them helping to devise Afghanistan economic reconstruction strategy for the US Department of Defense and working on social rehabilitation of former combatants in Sierra Leone, Mozambique and the DRC, for the UN. He has a Modern History MA from Magdalen College Oxford and a War Studies PhD from King’s College London, and his analysis has appeared in publications ranging from UN Security Council resolutions to The Times. Guy J Moffitt, Vice President, Property & Casualty with a specialization in the Legal Profession. Mr. Moffitt has nearly 40 years experience assisting law firms with issues, claims and risk management attendant to Professional Liability Insurance. In addition, he has a wide range of expertise working with large law firms to solve the many other risk and contractual issues they face as part of their business and professional activities. Mr. Moffitt has been with USI, based in its Florham Park, NJ office, since 2018 when USI acquired the insurance operations of Wells Fargo. Prior to 2018 he had been employed by Wells Fargo and its predecessors since 2005. Before 2004 he was employed by Aon and various predecessor companies since entering the insurance business in 1981. Mr. Moffitt has a Bachelor’s Degree from Fairleigh Dickinson University in Teaneck, New Jersey. Born in Adelaide, South Australia, he has lived continuously in the US since the late 1970s and now lives with his wife and their two dogs in the lower Hudson Valley.