Our Partnership with Lloyd's Charities Trust
We are delighted to have Lloyd's Charities Trust launching a new disaster resilience partnership with us as part of their ongoing response to emerging risks and the challenges they pose to communities around the world.
Helping to Build Communities
As the Lloyd’s market responds to emerging risks and the challenges that these pose to communities around the world, it becomes increasingly important that Lloyd’s Charities Trust supports projects that aim to reduce the risk of devastation to the people who need it most. Through their charity partnerships, they work with organisations who help the most vulnerable groups with disaster risk reduction globally.
Tackling flood risks together
Our partnership will focus on the Chikwawa District in Malawi, which was recently affected by severe flooding and devastation caused by Cyclone Idai in March 2019.
The project will analyse why certain communities choose to live in flood-prone lowland areas, and the best way to improve the resilience of these communities to future disasters. The report will help us and other disaster response organisations respond to future disasters more effectively and will be applicable to other regions that are affected by similar natural disasters.
The Malawi project will also provide access to community rescue hubs for more than 20,000 individuals; giving local families access to training sessions and materials to ‘disaster proof’ their homes. They will also function as emergency shelters for 36 families, reducing vulnerability in the region. Collaboration with local communities and authorities and capacity building is key to the success of disaster preparation and this is the heart of what we will do.
We are keen to utilise Lloyd’s and the (re)insurance sector’s expertise in natural hazard risk modelling and mapping to help us develop new tools and models. In particular, expert advice on flood risk reduction strategies will enable the most vulnerable communities to build their capacity to successfully tackle flood threats.
Beyond the project, there will be many ways that colleagues from the Lloyd’s market can support our partnership that will to contribute to our goal of a world where everyone has a safe and decent place to live.
- Take part in the exciting Build trip to Malawi in October 2020 open to anyone working in the Lloyd’s market where participants will work with local builders to help construct homes for a week and share their professional skills.
- Fundraise to support our partnership. From running, to cycling, swimming, mud runs and walking, there are a range of fundraising opportunities all year round.
- To get in the festive mood, take part in The Gingerbread House Challenge this December, where you will be working with a team to build a gingerbread house.The best ones will enter a national competition where the winning team will be awarded a Christmas hamper.
Utilising sector expertise
We are keen to utilise the expertise that employees from the Lloyd’s market have in natural hazard risk modelling and mapping. This can be achieved by :
- Sharing knowledge and insight around climate and flood resilience trends
- Giving pro-bono support to help calculate community level disaster risks and environmental risks such as mapping, data sources and risk reduction strategies
- Giving advice around catastrophe micro-insurance and climate-based index insurance.
For more information contact Responsiblebusiness@lloyds.com.