Dealing with a Natural Disaster
Given
the recent weather-related catastrophes, how can property owners mitigate or
reduce risk to minimize loss and protect their balance sheets? According to the
Environmental Defense Fund, this year the Atlantic basin alone had 8
consecutive storms develop - the first time in 124 years - with catastrophic
effects. The increased intensity of these storms means increased costs of
recovery with Hurricanes Harvey, Irma and Maria estimated to cost $150-$200
billion - an enormous blow to the economy and taxpayers.
Our
guest speakers are Christine Carr, Area
Senior Vice President of Arthur J. Gallagher's Boston office, and Sam Milton, Principal of Climate Resources Group in
Arlington.
Christine
has more than 30 years of experience in the insurance industry, the last 20
years in broking Global Property and Casualty insurance placements for public
and private organizations in a variety of industries.
Sam is a certified climate
vulnerability preparedness practitioner, advising municipalities on climate
action plans and developing strategies for municipal and commercial climate
change mitigation and adaptation.