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FOR IMMEDIATE RELEASE
October 25, 2023

CONNECTICUT INSURANCE DEPARTMENT TO HOST CONFERENCE
ON CLIMATE CHANGE AND INSURANCE (C4I)

November 15, 2023 - A Free & Virtual Event

 

The Connecticut Insurance Department, working with national and international experts, will host the third-annual Conference on Climate Change and Insurance. The Department will lead a critical discussion on climate change, resiliency, risk mitigation, and the efforts being made to foster more resiliency in our communities.

Registration is free to attend this virtual series of presentations highlighting the latest public and private sector best practices related to climate change. To view the agenda and register, visit portal.ct.gov/CIDClimateConference.

“Climate experts, insurance industry leaders, government officials, climate change advocates, and private sector professionals will discuss how climate change impacts our communities, regulatory efforts, and businesses,” said Commissioner Andrew N. Mais. “We want our national audience to better understand the efforts being made to address climate change. This is our third-year hosting this critically important event.”

As climate change related disasters increase in frequency, major damage to properties and infrastructure has also increased, causing stress on insurance markets and communities. Panelists will discuss these and other important issues.

Keynote Speaker is Daniel Wang, Executive Director, Insurance at the Monetary Authority of Singapore (MAS). Mr. Wang directs the supervision and regulation of insurance companies in Singapore and oversees policy formulation for the insurance sector. Mr. Wang chairs the Sustainable Insurance Forum (SIF) and chairs the Climate Risk Steering Group at the International Association of Insurance Supervisors (IAIS).

Panel topics include:

  • Bridging Disciplines to Address the Challenges of Climate Risk
    Underscoring the importance of collective responsibility for addressing the challenges posed by climate risk, this panel of industry, academia and public policymakers will explore the interrelationship of innovation, research, and regulation in managing risk and its increasing importance.
  • Empowering Communities with State Grants for Resilience
    The transformative power of state grants empowers communities to fortify against climate impacts, drive innovation, and build a resilient foundation for a brighter future.
  • Cultivating Resilient and Sustainable Practices in the Insurance Industry
    The insurance industry is developing innovative practices to shape a more resilient future and mitigate climate risks through sustainable solutions.
  • Bridging the Data Gap: Protecting and Empowering Consumer Decision-Making
    Data plays a critical role in empowering consumers to make resilient choices. Hear how data-driven insights protect against risks, fortify communities, and ensure a sustainable future.
  • Fortifying Resilience: Legislative Initiatives for Building a Resilient Future
    Policymakers are making significant efforts to provide coverage for post-disaster rebuilding and redevelopment challenges.

For more information and to register for the event, visit: CIDclimateconference.
The Connecticut Conference on Climate & Insurance website URL is: https://portal.ct.gov/cidclimateconference.

 
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Contact: Jim Carson
Legislative & Communications
Jim.Carson@ct.gov
Cell: (860) 214-1539