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, particularly in light of the heightened scrutiny surrounding clean energy technologies. Additionally, they discuss the value of third-party evaluations of tax credits and subsidies, as well as the importance of fostering long-term partnerships between insurers and clients.