QBE virtual event: Understanding the risks of lithium-ion batteries and battery storage systems

QBE-virtual-webinar-on-lithium-ion-batteries

Join QBE for our virtual event on Thursday 14th March from 14.00 until 15.30

The transition from fossil fuel to battery power is a rapidly growing trend across many industries, all around the world.

Whilst there are numerous benefits, the risks linked to battery use and storage are becoming evident, especially lithium-ion batteries.

To help you better understand and manage these risks QBE's Property Risk Solutions’ Practice Leader, Adrian Simmonds, will explain the hazards of lithium-ion batteries and what fire control and emergency responses approaches are being adopted. This will include:

Battery types and energy storage systems - Learn about the chemistry underlying the battery types available today and how Energy Storage Systems are engineered to work. We’ll also examine the future of battery technology.  

Battery challenges and fire control – Learn how the threat of thermal runaway, fire and explosion arises with lithium-ion batteries and the methods being deployed by manufacturers to minimise the chance of these events happening. Also learn what you can do to mitigate the risk of lithium-ion battery incidents in the workplace.

Underwriting the lithium-ion battery risk – The risk to people and property seems to be greater when lithium-ion batteries are involved. We’ll explore what QBE considers when underwriting the additional risk lithium-ion batteries appear to represent.

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About QBE

QBE European Operations is part of QBE Insurance Group, one of the world’s leading international insurers and reinsurers and Standard & Poor’s A+ rated. Listed on the Australian Securities Exchange, QBE’s gross written premium for the year ended 31 December 2018 was US$13.7 billion.

As a business insurance specialist, QBE European Operations offers a range of insurance products from the standard suite of property, casualty and motor to the specialist financial lines, marine and energy. All are tailored to the individual needs of our small, medium and large client base.

We understand the crucial role that effective risk management plays in all organisations and work hard to understand our clients’ businesses so that we offer insurance solutions that meet their needs – from complex programmes to simpler e-trading solutions – and support them in minimising their risk exposures. Our expert risk management and rehabilitation practitioners focus on helping clients improve their risk management so that they may benefit from a reduction in claims frequency and costs.

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