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Risk in Context Blog

Timely posts from our risk and insurance experts on the issues and trends that affect your business — and your bottom line

RECENT POSTS

Mature Risk Engineering Strategies Unlock Insurance Savings for Renewable Energy Companies

Posted by Stephen Fox Thursday, 24 June 2021

Newer modeling techniques are providing renewable energy companies with more accurate and higher confidence risk estimates.

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Related to: Energy

5 Steps Restaurants Can Take to Navigate Greater Attention from OSHA

Posted by Cindy Smail Monday, 07 June 2021

Workplace safety is a priority for the Biden administration — and restaurants are squarely in regulators’ sights.

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Don’t Let Contractor Risks Knock the Wind Out of Your Project

Posted by Tracey Cole Tuesday, 25 May 2021

As wind energy investments continue, one wrong step in managing contractor risk can result in a multimillion-dollar loss — and affect a project’s insurability.

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Related to: Contractual Risk , Power , Energy

As Hurricane Season Approaches, Chemical Companies Should Consider Parametric Coverage

Posted by Tom Markovic, PhD Wednesday, 28 April 2021

While traditional insurance will remain the backbone of most companies’ risk management strategy, interest is growing in parametric solutions.

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Related to: Chemical

Ever Given Grounding: Suez Canal Closure Highlights Marine Industry Risks

Posted by Stephen Harris on Wednesday, 07 April 2021

The recent grounding and subsequent re-floating of the mega-ship Ever Given in the Suez Canal highlighted the fragility of global supply chains. This event snarled global marine traffic at a time when supply chains are still recovering from disruptions related to the COVID-19 pandemic.

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Relate to: Marine

Will 2021 Be The Year Mutuals Disrupt the Renewable Energy Marketplace?

Posted by Michael Kolodner Thursday, 25 February 2021

Mutual insurers, already a popular choice among established thermal power generators, are now investing in expanded renewable energy offerings. 

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Related to: Energy

Will 2021 Be The Year Mutuals Disrupt the Renewable Energy Marketplace?

Posted by Michael Kolodner Thursday, 25 February 2021

Mutual insurers, already a popular choice among established thermal power generators, are now investing in expanded renewable energy offerings. 

Read more

Related to: Energy

Global Risks Report 2021: 3 Priorities for Risk Professionals

Posted by Fabrice Lebourgeois Wednesday, 03 February 2021

To thrive and edge out their competitors in a volatile environment, organizations need to look at risk in a new light.

3 Ways Prototype Wind Turbine Projects Can Improve Insurance and Financing Outcomes

Posted by Jake Compton Tuesday, 17 November 2020

OEMs are developing more efficient and reliable wind turbine models — but their largely unproven nature is creating insurance and risk management challenges.

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Related to: Energy

Renewable Energy: Risk Management Maturity Contributes to Lower Project Costs

Posted by Michael Kolodner Monday, 28 September 2020

Renewable energy companies need to evolve to take advantage of proven risk management tools and resources.

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Related to: Energy , United States