Andrew Land
speaker
155 appearances
2 recordings
1 series
first heard Jul 2021
last heard Aug 2022
Andrew Land’s voice in public audio — every appearance, attributed to the second.
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Appearances
raising money after the event.
I'd I'd love just to hear about one or two examples of that and how you see that developing.
Yeah, sure.
No, but very happy
Well,
That's it's so interesting, Charlie.
Thank you for that explanation.
And and I guess the um the point is that it's this is doing what insurance has always done, which is transfer of risk.
And in effect, the charities are able to, if you like, leverage their own balance sheets significantly in the way you describe because the
Instead of your marking the money for that for that disaster recovery, they can use it for other purposes, but knowing that they still got coverage in the events of those disasters taking place.
Wait.
And if we think about the the ESG aspects and the humanitarian aspects, I guess the other benefit is so in the event of you know the mangroves being decimated, the implications of that for the local environment are significant.
But with this type of insurance, the process of remediation can be commenced immediately because the cash is in hand and those agencies can start to do the work, knowing that they've got it pre-funded.
Whereas before
Yeah, I mean,
And so the plan this year, Charlie, is with with Howden's um position in the insurance market is to really go out and start connecting those providers of capital and underwriters exactly together with these products, which sounds really exciting.
Great.
Thank you, Charlie.
I I I guess
The other topic I wanted to pick up on uh was blockchain.
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