Lithium Batteries & Electric Vehicles - Understanding the Risks

As the adoption of electric vehicles (EVs) and lithium-ion batteries increases, the insurance landscape is evolving. In this session, we will explore the impacts that these have on various risk aspects; from fire and explosion, liabilities and even environmental impacts. 

Insurers attitudes are consistency changing, but insurers must keep up with the evolution of vehicles and property and pressure from Government and Regulators force manufacturers to look at more sustainable ways to living our lives. But how sustainable are they?

Join us for this 1-hour webinar to answer that very question and understand the impacts that it has on the insurers.

Agenda:

• Lithium Batteries – Why Now?
• What are the Risks?
• Underwriting Concerns?
• Risk Management Practices

Learning Objectives:

• Identify the specific risks of lithium-ion batteries poses on the insurance industry
• Gain insight into underwriting practices and claims impact on the market
• Recognise how the insurance industry is reshaping with a focus on risk management
• Learn how to effectively advise clients on appropriate coverage options

Speaker Biography:

Helen Davies is an experienced insurance professional with 20 years’ experience in the industry, having worked across a range of roles within both personal lines and commercial insurance. This breadth of experience has provided her with a comprehensive understanding of the insurance process from inception to renewal and claims.

Over the past 4 years, Helen have transitioned into a training role, delivering both remote and face to face learning to support individuals at various stages of their insurance careers. Through this role, she have developed a strong understanding of compliance requirements and FCA regulations, and the impact these have on insurance professionals and business practices.