The risk posed by Lithium Batteries
Webinar Overview
The risk posed by Lithium Batteries
Lithium-ion batteries were first mass-produced in the early 1990s. They are performing a key role in the move away from reliance upon fossil fuels however, there are different risks that using lithium to store energy present to property underwriters.
This short workshop is designed to draw the underwriter’s and broker’s attention to these risks and why rating and wording alterations may be needed to counter this growing problem.
Course duration: 1 hr
Medium: On-line
Who should attend?
The workshop is suitable for anyone who is involved in commercial or residential property underwriting or broking.
Course Objectives
By the end of the session, attendees will:
- understand what lithium is and why it poses such a growing risk for property underwriters
- be aware of the uses of lithium batteries
- know how underwriters can counter the risks presented by lithium batteries
Course Content
- What is lithium and why is it an efficient medium to store energy
- What properties of lithium pose hazards
- Uses of lithium-ion batteries
- Good practice for users
- Potential underwriting measures
The course will be highly interactive and feature numerous testing questions throughout.
There will be an opportunity to ask questions at the end of the session.