Latest news with #SarahDowney
Yahoo
01-07-2025
- Business
- Yahoo
Lockton names new US professional and executive risk leader
US-based insurance brokerage Lockton has promoted Sarah Downey as the new US professional and executive risk leader. Downey succeeds Devin Beresheim, who earlier transitioned to the role of US risk solutions leader at the firm. In her new role, Downey will report directly to Beresheim. Beresheim said: "Sarah is one of the most forward-thinking and accomplished professionals in our industry. Since joining Lockton, she has consistently advanced our practices and led initiatives that are shaping the future of insurance. 'I'm thrilled to see her step into this new role and excited for the continued value she will bring to our clients." In her new capacity, Downey will manage the team responsible for broking, risk advisory, and claims support across the spectrum of financial and professional insurance lines. Furthermore, she will be tasked with driving growth initiatives to enhance Lockton's professional and executive risk services on a global scale. Downey's experience spans more than two decades in the legal and insurance brokerage sectors, with a particular focus on financial lines coverage. Her most recent roles at Lockton included head of operations for professional and executive risk and blockchain advisory leader. In these roles, she led the expansion of the practice and operational improvements across various industry and product sectors, as well as the creation of a specialised team addressing the needs of digital assets and blockchain companies, known as the Lockton Emerging Asset Protection team. Her tenure at Lockton also includes a period as the US claims leader, where she developed and implemented the firm's national strategy for complex claims in directors and officers (D&O) and other financial and professional lines. Lockton US president Tim Ryan stated: "Sarah has a deep understanding of the needs of our associates, clients, and carrier partners. I am confident that her leadership will bring tremendous value to Lockton and the organisations we serve." Lockton has reported a global revenue of $4bn for the fiscal year ending on 30 April 2025, indicating a 13% increase from the previous fiscal year. "Lockton names new US professional and executive risk leader " was originally created and published by Life Insurance International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Sydney Morning Herald
05-06-2025
- Business
- Sydney Morning Herald
Housing crisis fix should involve wood – the ‘ultimate renewable'
Two key issues seem to be dominating the headlines; not only is Australia in the midst of a severe housing shortfall, but the crisis is also taking place against a backdrop of climate-change catastrophe. So, when we're building these desperately needed new homes, renovating existing ones or even furnishing our current ones, we want to do so in an environmentally responsible and sustainable way so that we can all play our part in meeting the global goal of net zero by 2050. United Nations-backed climate science data shows that to avert the worst impacts of climate change we must ensure the global temperature does not increase by more than 1.5 degrees. The UN admits that 'transitioning to a net-zero world is one of the greatest challenges humankind has faced'. Achieving this target means slashing the current rate of carbon emissions, while finding new ways to absorb and store remaining greenhouse gases. The maths is daunting: we need to reduce emissions by 45 per cent by 2030 to give ourselves any chance of meeting net zero by 2050. 'It calls for nothing less than a complete transformation of how we produce, consume and move about,' the UN states plainly on its website. Australia's Department of Climate Change, Energy, the Environment and Water has identified several steps for decarbonising, including embracing circular economy principles, finding ways to expand zero-emission technology options and scaling up nature-based carbon sequestration. Turns out, trees have been doing this since the beginning of time. Forest and Wood Products Australia (FWPA) head of marketing Sarah Downey notes — with a nod to the group's campaign The Ultimate Renewable — that when done sustainably, forestry is circular. 'Responsibly sourced, certified timber comes from well-managed forests,' she says. 'This means trees are regrown, biodiversity is protected and carbon stays locked away.'
The Age
05-06-2025
- Business
- The Age
Housing crisis fix should involve wood – the ‘ultimate renewable'
Two key issues seem to be dominating the headlines; not only is Australia in the midst of a severe housing shortfall, but the crisis is also taking place against a backdrop of climate-change catastrophe. So, when we're building these desperately needed new homes, renovating existing ones or even furnishing our current ones, we want to do so in an environmentally responsible and sustainable way so that we can all play our part in meeting the global goal of net zero by 2050. United Nations-backed climate science data shows that to avert the worst impacts of climate change we must ensure the global temperature does not increase by more than 1.5 degrees. The UN admits that 'transitioning to a net-zero world is one of the greatest challenges humankind has faced'. Achieving this target means slashing the current rate of carbon emissions, while finding new ways to absorb and store remaining greenhouse gases. The maths is daunting: we need to reduce emissions by 45 per cent by 2030 to give ourselves any chance of meeting net zero by 2050. 'It calls for nothing less than a complete transformation of how we produce, consume and move about,' the UN states plainly on its website. Australia's Department of Climate Change, Energy, the Environment and Water has identified several steps for decarbonising, including embracing circular economy principles, finding ways to expand zero-emission technology options and scaling up nature-based carbon sequestration. Turns out, trees have been doing this since the beginning of time. Forest and Wood Products Australia (FWPA) head of marketing Sarah Downey notes — with a nod to the group's campaign The Ultimate Renewable — that when done sustainably, forestry is circular. 'Responsibly sourced, certified timber comes from well-managed forests,' she says. 'This means trees are regrown, biodiversity is protected and carbon stays locked away.'
