When Climate Change Makes Assets Uninsurable
Climate change is often discussed in terms of storms, heatwaves, and environmental impact. Far less attention is given to the financial plumbing that underpins economies — insurance, mortgages, and risk transfer.
In this episode of Elephants in the Boardroom, Dean van Leeuwen and Graeme Codrington explore a critical but under-discussed shift already underway: insurers steadily withdrawing from high-risk regions such as coastal areas, fire zones, and floodplains, or pricing cover beyond affordability.
When assets become uninsurable, the consequences extend far beyond insurance:
✅ Property values can collapse.
✅ Local tax bases for schools and public services are eroded.
✅ Communities and supply chains begin to migrate toward climate-safer regions.
For leaders responsible for supply chains, infrastructure, and risk, this is not a future scenario — it’s happening now. The speakers also highlight why this issue is often avoided by policymakers and local governments, despite its growing systemic impact.
Looking ahead to 2026, organisations renewing insurance for infrastructure are urged to scrutinise exclusions carefully and prepare for a world in which climate risk is increasingly priced or excluded - altogether.
This conversation also points to an opportunity: as societies learn to live with climate change, new solutions, supply chains, and risk approaches will be needed.
👉 Watch or listen to the full Episode here: https://www.tomorrowtoday.consulting/...
Explore more of our Grey Elephants keynote: https://tomorrowtodayglobal.com/resou...
#climatechange #risk #insurance #supplychain #infrastructure #riskmanagement #businessresilience #climate #leadership
Connect with Graeme and Dean
Podcast brought to you by Achilles Information Limited
/ graemecodrington
/ deanvanleeuwen