The SHS is transaction focused and oversees a portfolio of advisory engagements and fosters information flow and coordination of interactions between industry, civil society, multi-laterals and relevant government entities on “macro” and public assets insurance solutions. It also provides a source of expertise to other public/ private parties and, as required, assistance to other IDF Working Groups.Read more
The SHS is focused on four key areas to guide the execution of its purpose:
Support the development of a portfolio of new insurance solutions for sovereigns, sub- sovereigns, humanitarian and civil society actors in partnership with the InsuResilience Solutions Fund, the Centre for Global Disaster Protection and other partners.
Actively work on new product development, contribute to the “Innovation Labs” of the Centre for Global Disaster Risk Protection and develop guiding principles and best practice on macro and public assets insurance solutions, where required.
Contribute to capacity building events for government officials organized by the Centre for Global Disaster Protection, InsuResilience Global Partnerships or other relevant organisations active in the climate risk insurance space. This is geared towards developing a more coherent platform to help deepen understanding of risk financing instruments and insurance. Part of this effort also involves developing and publishing best practice guides, e.g. for public assets insurance schemes.
Maintain a platform to foster transparent and efficient information flow and coordination between industry, civil society, multi-laterals and relevant government entities on “macro” solutions and related topics.