A FOREST management company has announced a strategic global partnership with an insurance firm’s climate wing.
Treemetrics and AXA Climate have come together to launch “an innovative forestry insurance product”, designed to provide comprehensive cover against forestry fires and storms.
Addressing the escalating concerns of forestry owners and investors about the impacts of climate change, the partnership leverages the expertise of both companies.
Enda Keane, CEO of Treemetrics, said: “Over our past 19 years in business across the globe, we have observed first hand the ever-increasing rise in catastrophic storms and fires.
"Our collaboration with AXA Climate aims to address these challenges head-on, providing forest owners with the security and peace of mind they need to manage their investments effectively.”
Quentin Voituron, speaking on behalf of AXA Climate, added: “We look forward to partnering with Treemetrics to come up with a fine-grained product that makes sense to forest owners and forest managers, at the right price.”
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