The Reinventing Finance Podcast - Episode 35 with Natalia Dorfman

Reinventing Finance

This episode’s guest is Natalia Dorfman, CEO & Co-Founder of Kita, a very tech-driven Startup that provides Carbon Insurance for corporates. With their offering, KITA wants to drive more financial funds towards the scale of high-quality carbon projects and create a positive impact on the climate change issues by covering companies’ risks of loss of the initial investments in the carbon projects. Kita is a cover holder under Lloyds and launched their first insurance product in January 2023. In the conversation with Nick and Tom, Natalia shares insights about: 📍What is Carbon Insurance and how does it work 📍Which Carbon markets exist, how big are they and why do they need insurance 📍What perils are insurable? 📍How and why did they start an insurance company with a carbon removal focus 📍Why there is a lack of insurance in the climate tech & carbon market 📍How a lack of insurance hampers growth in the climate tech and carbon industry 📍Ways to capture carbon, e.g. “nature-based solutions” and what perceived risks they have 📍What are the insurance-specific aspects of the (voluntary) carbon markets 📍How much of the current carbon market is insurable 📍Different types of projects 📍Who are the typical buyers of Carbon Insurance 📍Bottom buy-in for the insurance policy and Go-to-Market 📍Why she is not “afraid” of competition but has a positive perspective on it 📍Why tech is key to Kita’s insurance product and the strength of the startup 📍Why carbon Insurance is offering an upside for (re)insurers 📍Some thoughts about how individuals can minimise their carbon footprint or make up for it #sustainability #carbon #insurance #insuranceindustry #esg