Latest Lombard Partner Forum focuses on solar insurance

The recording of the most recent Lombard Partner Forum, hosted by Lombard Partnerships and focusing on the latest trends in solar insurance, is now available. You can earn 2 CPD hours simply by watching the recording via the Lombard Connect platform.

The webinar and CPD application were managed from end to end by CN&CO.

The event brought together leading industry experts to discuss the dynamic landscape of solar insurance and the new risks emerging in this rapidly growing sector. The panel comprised:

Christelle Colman, CEO, Ami Underwriting Managers (panel host)
Peter Olyott, CEO, Indwe
Sophie Maggs, Head of Underwriting, Crawford Dougall
Patrick Nabel, CTO, GO Solr
Robert Jacobz, Practice lead, Marsh
George Jennings, Snr Underwriter, ConsortKatlego Makubetse, Property Treaty Underwriter & Assistant Vice President, SwissRE

The South African insurance industry is struggling to provide comprehensive solar insurance coverage due to the following factors:

Lack of/limited historical data on solar installations and their associated risks
Complexity of the risks relating to installation components (such as panels, inverters, and mounting structures) and their associated risks (including damage from weather events, theft, and technical failures)
Exclusions – Where do you draw the line?
Cost of coverage and losses due to the complexity of the installation (eg. Operational downtime)
Regulatory uncertainty and government incentives, and their impact on the risk landscape
Technology advancements and the manufacturing process – unravelling the unknown
Limited market options, hindering the brokers ability to offer competitive options to policy holders

These challenges were unpacked during the webinar. The ultimate consensus was that addressing these issues will require a collaborative approach from insurers, brokers, solar industry experts and policymakers to develop tailored insurance products that adequately protect solar investments while remaining financially viable for all parties involved.

To watch the recording and earn your CPD hours, simply register on the Lombard Connect platform. Follow this link to get started.

About Lombard Connect

Lombard Connect is your go-to platform for comprehensive training and development in the insurance industry. It offers a wide range of courses and resources to help brokers stay up to date with industry trends and fulfil their annual CPD hours. The platform features a CPD calendar to make it easy for you to plan your professional development throughout the year.

CN&CO webinar management

At CN&CO, we pride ourselves on our ability to organise and manage high-quality webinars that are both informative and CPD accredited. From curating content and sourcing expert speakers to handling the technical aspects and CPD applications, we ensure that every detail is taken care of. Our recent success with the Lombard Partner Forum is a testament to our commitment to delivering valuable educational experiences for the insurance community.

For more information about our webinar services and how we can help you achieve your training goals, please contact llewellyn@cnandco.com.