Powered by Marsh FINPRO

Explore the booming voluntary carbon credit market, its risks, and how specialized insurance is driving growth and confidence in climate finance.

In this episode of Powered, Marsh's cyber expert Gabe DiGiamberadino, Vice President, Marsh Cyber, discusses the evolving cyber risk landscape facing energy and power companies amid the ongoing energy transition. Key challenges such as ransomware, supply chain vulnerabilities, and the increasing digitalization of operational technology are explored, highlighting how these risks uniquely impact utilities and renewables. In his conversation with our host Grace Brighter, Gabe also breaks down the complexities of cyber insurance, explaining coverage nuances, underwriting criteria, and the growing availability of tailored solutions that address industry-specific exposures like NERC CIP fines and failure to supply.

  Explore renewable energy challenges, risk management strategies, and industry insights driving growth in the evolving energy landscape.

Explore innovation and risk solutions in energy and power sectors on D&O insurance, capital challenges, and evolving geopolitical impacts.

In this installment of Powered by FINPRO, Everett Hansen, US Nuclear Energy leader, highlights the industry's ongoing evolution and emphasizes the unique and complex risks associated with nuclear assets. Hansen underscores the importance of regulatory oversight and stresses that early risk assessment and cross-industry collaboration are essential for success in helping organizations navigate complex timelines and mitigate liabilities.

Directors and officers in the energy sector encounter a distinct set of challenges. The fast-paced evolution of the energy landscape, fueled by the shift to clean energy and innovative technologies, introduces a wide range of management liability risks—spanning regulatory compliance, investor expectations, and more. In the latest episode of Powered by Marsh FINPRO, host Sarah Baldys engages with Paul Bessette, an experienced attorney specializing in corporate and securities litigation. Together, they explore practical strategies for identifying and mitigating risks at every stage of an organization's growth, from startup to IPO and beyond. Episode 7 Full Transcript For more insights and insurance solutions, follow Marsh on LinkedIn and X and visit marsh.com.

With the growing frequency of extreme weather events and shifting regulatory requirements, organizations must prioritize clear reporting and strategic planning to manage climate-related risks. Additionally, as stakeholders demand greater accountability and transparency, the potential for litigation over unverified sustainability claims – sometimes called "greenwashing" or "greenhushing" – looms large.  In this episode of Powered by Marsh FINPRO, hosts Grace Brighter and Sarah Baldys sit down with Amy Barnes, Head of Sustainability and Climate Change Strategy at Marsh McLennan, to explore the potential challenges and opportunities presented by the energy transition. They discuss the complexities of climate risk, the pivotal role of insurance in supporting companies as they transition to low-carbon technologies, and the need for businesses to harden their assets against extreme weather events. Episode 6 Full Transcript For more insights and insurance solutions, follow Marsh on LinkedIn and X and visit marsh.com.

As organizations adapt to the demands of the energy transition, insurance becomes critical in supporting infrastructure investments and the evolving risks that come with the shift to renewable energy. As a broker, Marsh sees a variety of challenges that energy and power clients face as they attempt to navigate the energy transition. In this episode of Powered by Marsh FINPRO, host Grace Brighter talks with Mike Kolodner, Managing Director, US Energy & Power Practice Leader at Marsh, to explore how Marsh enables its energy and power clients to succeed in the new energy transition.  Episode 5 Full Transcript For more insights and insurance solutions, follow Marsh on LinkedIn and X and visit marsh.com.

Utilities are navigating a transformative energy landscape as they adapt to the demands of the energy transition. With increasing pressure to meet future electricity needs, organizations like Arizona Public Service (APS) are at the forefront of this shift, facing unique challenges that require innovative solutions. In this episode of Powered by Marsh FINPRO, host Grace Brighter, AVP FINPRO Placement at Marsh, speaks with John Draftz, Director, Risk Insurance Claims at Arizona Public Service about the increasing demand for clean energy, supply chain issues, wildfire risks, and cyber threats, and the importance of effective risk management strategies. Episode 4 Full Transcript For more insights and insurance solutions, follow Marsh on LinkedIn and X and visit marsh.com.

As companies aim for net-zero emissions, transparency in sustainability claims and the effective use of carbon offsets are crucial. Organizations must be selective in their project choices, rigorously vetting claims and enforcing strict risk management policies. In this episode of Powered by Marsh FINPRO, host Grace Brighter, AVP FINPRO Placement at Marsh, speaks with Shea Jameel, Senior Director of Sustainability at Marsh, about the complexities of the sustainability ecosystem, the metrics behind carbon reduction, growing interest from stakeholders in corporate sustainability efforts, and the importance of transparency in sustainability claims. Episode 3 Full Transcript For more insights and insurance solutions, follow Marsh on LinkedIn and X and visit marsh.com.

Wildfires are a key concern for power and utility companies. Fires have been increasing in both intensity and in the damage they cause. The potential for D&O litigation following wildfire events has become a top concern for underwriters, risk managers and boards. Wildfires have severe financial, operational, regulatory and reputational implications, all of which that can potentially lead to D&O litigation, specifically event driven litigation. In this episode of Powered by Marsh FINPRO, host Grace Brighter, AVP FINPRO Placement at Marsh, speaks with Peter Stokes, Partner – Norton Rose Fulbright, about the nuances of event-driven litigation, the specific challenges posed by wildfires, and the types of disclosures most commonly under scrutiny. Additionally, they discuss the strategies companies can employ to mitigate their risks. Episode 2 Full Transcript For more insights and insurance solutions, follow Marsh on LinkedIn and X and visit marsh.com

As the global push for renewable energy intensifies, companies are being prompted to innovate and adapt to a new regulatory environment and rapidly changing market conditions. Considering the potential impact on the underwriting process for directors and officers (D&O) insurance, it is important to highlight the critical role of robust disclosure practices in mitigating potential claims associated with new technologies. In the very first episode of Powered by Marsh FINPRO, hosts Grace Brighter, AVP FINPRO Placement at Marsh, and Sarah Baldys, Senior Vice President - FINPRO U.S. Power & Renewables Leader at Marsh, speak with Dan Sanford, Vice President - Energy Practice Leader at Berkshire Hathaway Specialty Insurance, about the importance of managing disclosure risks, the value of third-party evaluations of tax credits and subsidies, and the importance of fostering long-term partnerships between insurers and clients. Episode 1 Full Transcript For more insights and insurance solutions, follow Marsh on LinkedIn and X and visit marsh.com