Beyond the Flood Maps: How the Insurance Industry Will React to Climate Change
March 2014Offices: BostonPeople: Alan M. Reisch
Beyond the Flood Maps:
How the Insurance Industry Will React
to Climate Change
Practical Solutions for Managing the
Assessment and Mitigation Process
In the wake of Superstorm Sandy and other recent climate events, the impact of climate change has become a strategic issue for businesses and institutions of all types. News headlines detail the ongoing discussions on the far-reaching effects of the proposed Federal Emergency Management Agency's (FEMA) new flood zone maps, shifting coastal flood zones inland, as well as the January 2014 announcement by Massachusetts Governor Deval Patrick who recently earmarked $52 million in state funding to study and combat the effects of climate change.
Zoning laws and regulations guiding development and redevelopment are evolving, and the risk considerations for business and property owners are changing exponentially. It's time for businesses across the country, and especially those in or near flood zones, to take a fresh look at their exposures, understand their combined risks and assess the costs of not planning wisely for the changes that have already become manifest, and those that are projected. Businesses need a mitigation plan that is flexible enough to deal with the uncertainties that shifting weather patterns and their impact present.
Join us for Goulston & Storrs' inaugural Climate Change Resilience Task Force event to explore these issues and more. Speakers will include:
- Ray Phillips, Vice President, Boston Operations Manager, FM Global
- Ryan Barber, Managing Director, Industry Specialization Leader and Real Estate Leader for the US Property Practice, Marsh
- Kathleen M. Nickerson, Risk Management Consultant, Fort Hill Risk Management
- Alan M. Reisch, Director and Member of Climate Change Resilience Task Force, Goulston & Storrs
Tuesday, March 25, 2014
5:30 - 7:00pm
Cocktails and Networking
Goulston & Storrs Conference Center
400 Atlantic Avenue
Boston, MA 02110
to RSVP by March 21.
For questions, please contact Denise Wilson at 617.574.3541 or firstname.lastname@example.org.