This is an interesting concept, but it comes with many challenges, which I think will limit its implementation. These challenges include scope definition, modeling, and converting the model results into actuarial values. I also wonder what happens if and when the original insurer decides to move on. I also see this as a band-aid for a distorted insurance market. If insurers were allowed to price in the actual cost of risk, it could accomplish the same goals.
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Mitch Winkler P.E.(inactive), M.ASCE
Houston, TX
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Original Message:
Sent: 08-20-2025 11:15 AM
From: William McAnally
Subject: Nature as Risk Insurance?
The Environmental Defense Fund offers a thought-provoking piece titled, "Nature and Insurance: An Untapped Partnership to Mitigate Rising Risks." Engineering with Nature (EWN) is a Corps of Engineers enterprise promoting nature-based solutions that can be designed as risk mitigation measures. Click the underlined links to learn more about each.
Have you experienced nature-based solutions as ?risk mitigation? Can you relate any lessons learned
Bill Mc
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William McAnally Ph.D., P.E., BC.CE, BC.NE, F.ASCE
ENGINEER
Columbus MS
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