SECTORS
New Materials
Types of new low-carbon and sustainable materials
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Low carbon cement and concrete
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Mass timber
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Traditional steel substitutes
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Nature-based construction materials
Who needs innovative risk solutions?
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Building owners
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Real estate developers
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Contractors
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Manufacturers and suppliers
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Research investors
Solution examples
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There are increasing numbers of new building materials being developed for sustainable construction projects such as new forms of low carbon cement. Insurance exists for traditional building products but the novel materials and processes involved in producing new cement products are likely to be considered by insurers as untested and therefore challenging to insure.
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Our role is to work with our clients to identify the technical material and process barriers to insurability and with the alternative risk transfer markets to create an insurance solution.
Lignum Risk Partners and its team members' work in this sector
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Risk transfer feasibility study including ART market engagement for new research campus to be comprised primarily of hybrid timber structures
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Feasibility study for community of leading UK developers into viability of forming a collective Alternative Risk Transfer solution for mass timber buildings property insurance
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Co-author of Commercial Timber Guidebook (Autumn 2024), together with wide insurance sector engagement
