The recent rise in the number and ferocity of climate change events reminds us that we live in a world of increased risks. Nick Martin and Dominic Evans discuss how the insurance industry is helping to tackle these climate change challenges as well as addressing the popular misconception that this has an entirely negative impact on the insurance industry. While there are certainly challenges ahead, for many it is a time of growing opportunity.
Nick joined Polar Capital in September 2010 and is fund manager of the Polar Capital Global Insurance Fund (previously the Hiscox Insurance Portfolio Fund).
Nick has worked on the Fund since 2001 when he joined Hiscox plc. He participated in the management buyout of Hiscox Investment Management in 2007 when the business was renamed HIM Capital Ltd. He has developed a broad knowledge of the insurance sector during this time and from working for the chartered accountants, Mazars Neville Russell, where he specialised in audit and consultancy work for insurance companies and brokers.
Dominic joined Polar Capital in October 2012 and is an investment analyst working with Alec Foster and Nick Martin on the Polar Capital Global Insurance Fund.
Dominic previously worked as part of KPMG's insurance segment which he joined as a graduate trainee. At KPMG, Dominic obtained broad experience working on a range of global insurance companies through roles within M&A and IPO due diligence, audit and markets. Prior to KPMG he worked for a year in corporate finance focusing on natural resource companies.