Climate Risk and the Insurance Industry

Originally aired January 9, 2023

As extreme weather events intensify and insurers retreat from high-risk markets, this panel examines the growing intersection of climate change and financial risk. Leaders from climate-focused banking and the insurance industry discuss how the sector is responding — and what the withdrawal of coverage means for homeowners, businesses, and communities on the front lines of climate change.

Joyce Coffee

Joyce Coffee (Moderator)

Founder & President, Climate Resilience Consulting

Joyce Coffee is the founder and president of Climate Resilience Consulting, a firm helping communities, governments, and businesses adapt to climate change. She is a leading voice on climate resilience strategy and has advised clients ranging from municipal governments to global corporations on risk assessment and adaptation planning.

Ken LaRoe

Ken LaRoe

Founder & CEO, Climate First Bank

Ken LaRoe is the founder and CEO of Climate First Bank, a Florida-based federally insured community bank built around environmental principles and sustainability. He is a pioneer in mission-driven banking, integrating climate considerations into lending practices and bank operations to support the transition to a clean economy.

Roy Wright

Roy Wright

President & CEO, Insurance Institute for Business and Home Safety (IBHS)

Roy Wright is President and CEO of the Insurance Institute for Business and Home Safety (IBHS), a nonprofit research and communications organization supported by the property insurance industry. He previously served as Deputy Associate Administrator at FEMA, where he led the National Flood Insurance Program, and brings deep expertise in disaster resilience and insurance policy.

Trevor Burgess

Trevor Burgess

CEO, Neptune Flood Insurance

Trevor Burgess is CEO of Neptune Flood Insurance, the largest flood insurer in the United States. Neptune combines technology, proprietary algorithms, and insurance expertise to deliver innovative flood insurance products. He is also Chairman of TRB Development, a diversified real estate company, and a former banker.

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