Austria
Belgium
Denmark
Estonia
Finland
France
Germany
Greece
Iceland
Ireland
Italy
Netherland
Norway
Poland
Portugal
Spain
Sweden
Switzerland
Turkey
United Kingdom
Australia
Hong Kong
New Zealand
India
Indonesia
Japan
Malaysia
Philippines
Singapore
Thailand
Brazil
Chile
Colombia
Mexico
Peru
Bahrain
Israel
Morocco
UAE
Oman
Tanzania
Turkey
De-risking the climate response
Climate change will shape the future of your business.
For some, technological revolution will prove a bankable opportunity. For others, climate risk is an existential threat. Every organisation needs a plan.
Our Climate Risk & Resilience team combines business strategy, risk management, financial markets and climate science expertise to help you understand your climate risks, build resilience, and use insurance solutions to de-risk your future.
With our climate risk solutions, we will help you thrive in the next new normal.
We can help you to:
- Assess threats and risk management options
- Spot opportunities to adapt and prosper
- Unlock funding and lower your cost of capital
- Keep up with climate regulation
- Make a robust plan, de-risked with insurance.
Prepare for unprecedented times
World-class problem solvers
The Climate Risk and Resilience team sits at the very heart of Howden, as part of our concerted effort to ensure all of our clients are properly protected and prepared.
We’re a team of over 60 world-class experts, based in the UK, Europe, Asia, North and South America.
We bring you specialist advisors in climate science, insurance and the financial markets, with a blend of backgrounds including the private and public sectors, academia and humanitarian organisations.
This depth and breadth of expertise is a strong driver of innovation, allowing us to design and deliver effective solutions.
We'll help you understand your climate risks, build resilience, and use insurance solutions to de-risk your future.
We have a track record of delivering world-first solutions. We’ve created risk transfer products that didn’t exist before, using out-of-the-box thinking for our clients
What we're doing
Just a few examples of how we're using insurance to support the climate response.
Accelerating the transition to net zero with risk transfer solutions
Our combined insurance, financial markets and climate expertise means we’re uniquely positioned to develop innovative risk transfer solutions.
Our insurance and capital solutions de-risk projects, lowering the cost of capital and helping projects achieve debt and equity financing, to accelerate the transition to a net zero future.
Our risk solutions focus on four key core areas:
- Financing the Energy Transition
- Adapting to increasingly volatile weather
- Securing the Carbon Markets
- Protecting food systems and biodiversity
As well as bespoke solutions for individual clients, we have developed groundbreaking, market-making climate risk insurance products.
To date, these include an insurance solution to address leakage of carbon dioxide (CO2) from commercial-scale carbon capture and storage (CCS) facilities, as well as groundbreaking products for the Voluntary Carbon Market (VCM).
Howden's Caroline Birch explains how we're creating new solutions to support those most affected by climate change.
Enabling financial protection for those most affected
We are committed to finding scalable ways to empower communities disproportionately affected by climate change to be better financially prepared for the future.
Experience shows that building resilience in these communities is one of the surest ways to limit the devastating impacts of climate-induced disasters and support recovery.
Supporting urban resilience planning
Focused on embedding insurance expertise at the heart of city resilience, the Global Risk and Resilience Fellowship (GRRF) is a joint initiative with the Sustainable Markets Initiative (SMI) and Resilient Cities Network (R-Cities).
It brings together city leaders with a deep understanding of urban resilience challenges and those with the expertise and resources to overcome those challenges. The objective being to collaboratively develop solutions that empower cities to build a safe, equitable and sustainable future for all.
As part of the Fellowship, Howden created the first-of-its-kind top talent secondment programme. placing five insurance professionals into five cities’ leadership teams for three to six months each. The programme is in its second year.
Harnessing data and technology in climate risk management and resilience solutions
The Resilience Laboratory combines Howden’s deep sector expertise with Microsoft’s cutting-edge solutions to create advanced climate risk solutions for our clients to optimise the big decisions ahead.
Empower businesses, the Howden Resilience Laboratory is a collaborative space for our clients to understand the climate risks they face and make informed strategic decisions to de-risk climate and nature action.
A solution to the challenge of Loss and Damage
Loss and Damage (L&D) encompasses the negative impacts of climate change that occur despite efforts to mitigate and adapt. We believe that the private sector has a vital part to play in the global response to the challenge.
In 2023 we contributed to a report by the University of Cambridge Institute for Sustainability Leadership, offering a compelling action plan.
The proposed solution uses the power of insurance and capital markets to dramatically scale up the impact of L&D funding, showing that millions of dollars of premium could be transformed into billions of dollars of financial protection for vulnerable countries across the Global South.
Group CEO David Howden spoke about the action plan at COP28. Watch the video
More insights from our Climate Risk team
Meet our expert team
Paula Pagniez
