Did You Know?

We can help you with more than just property and casualty risk reviews and insurance placement in our 5 specialized practice areas.

We also work in areas as diverse as trade credit, surety, political risk, and environmental risk transfer. And if you have employee benefit issues or need KEYMAN LIFE we would also be pleased to guide you in finding solutions.

If it involves risk we will help you find what is needed.

MERIDIAN- YOUR RISK RETHOUGHT

Contact Us Today

Call: (617) 894-3211
or
Click here to contact us

‘Sustainability Issues’

Slow Money Alliance goes into Full Scale Implementation

Thursday, October 28th, 2010

Here’s an update from the Slow Money people who, based on strong momentum,  are now moving into full scale implementation of their  plans for growing the local food and radically different approach to finance of sustainable business.

Meridian is a highly dynamic specialized insurance consulting group and broker with offices in Boston, MA, Newport, RI and Brookfield, CT.  We are a hard-driving group with an entrepreneurial spirit who will work tirelessly for clients.  We specialize in risk management and risk transfer issues for clients in the sustainable business  arena.  We belong to Slow Money, the Sustainable Business Network and in the past year became a B Corp. For more on this read our blog on sustainable business practices.

Our Mission is simple.   We seek to help our clients make the best risk and risk transfer decisions possible.  We bring market-leading service to the most creative solutions in the risk management field to ensure that each Meridian client achieves their risk objectives.

“One of the most remarkable aspects of the launch of Slow Money has been the participation of our members and the emergence of the Slow Money Principles.  Thank You.  In this day of financial razzmatazz and uncertainty, 12,000 of us have taken the time to consider and affirm a new vision of money and the soil.

Now, Slow Money is ready to move from launch to full-scale implementation.  Slow Money initiatives are emerging around the country, money is starting to flow and our momentum is building.

For more highlights, scroll down to see our progress report.

The Slow Money Principles are the path to a new, healthy food system. Sign them and be counted!
- Greg Steltenpohl, Founder, Odwalla

We couldn’t agree more with our friend Greg.   It’s not just about transactions. It’s about relationships and values. It’s about a new way of thinking that will catalyze a major cultural and economic shift towards preservation and restoration.

PLEASE TAKE A FEW MOMENTS TO FORWARD THIS MESSAGE TO TWO FRIENDS, so that they can read the Principles, and, we hope, join you and the rest of us who share abiding concerns about the fertility of our soil, the vitality of our culture and the health of our economy.

It is impossible to overstate the importance of the simple act of signing the Slow Money Principleshttp://bit.ly/slowprinciples.

NPR calls us a movement. ACRES USA calls us a revolution. Business Week cited us as “one of the big ideas for 2010.”

We are still at the beginning. But what a promising beginning it is!

Of course, if you are also moved to increase your participation by becoming a member of theSlow Money Alliance, we’d love to welcome you.   Click here to make a financial contribution of $25 or more, supporting our work convening national and regional gatherings and incubating the new products and services that will enable a million people to invest 1% in local food systems with a decade.

With deep gratitude,”
Ari, Woody, Michael, and David at Slow Money Alliance

Meridian wishes to announce Q1 2010 Sustainable Business results

Tuesday, April 27th, 2010

Meridian is pleased to announce that as of March 2010 they have been engaged to provide management liabilities insurance and other risk management for  Seventh Generation Inc. – a market leading North American distributor of sustainable products based in Burlington, VT.  Seventh Generation’s mission is “to inspire a more conscious and sustainable world by being an authentic force for positive change.”  We couldn’t agree more.

Meridian is a highly dynamic specialized insurance consulting group and broker with offices in Boston, MA, Newport, RI and Brookfield, CT.  We are a hard-driving group with an entrepreneurial spirit who will work tirelessly for clients. We specialize in risk management and risk transfer for sustainable businesses. We personally promote sustainable practices and are members of the Sustainable Business Network and Slow Money.

Our Mission is simple.  We seek to help our clients make the best risk and risk transfer decisions possible. To that end we bring  market-leading service to the most creative solutions in the risk management field to ensure that each Meridian client achieves their risk objectives.

MERIDIAN- YOUR RISK RETHOUGHT

Update on Slow Money conference June 9-11 Shelburne Farms, VT

Tuesday, March 30th, 2010

By way of update on the the logistics and speakers for this upcoming event, see the note below from Woody Tasch Chairman of Slow Money.

Meridian is a highly dynamic specialized insurance consulting group and broker with offices in Boston, MA, Newport, RI and Brookfield, CT. We specialize in risk management and risk transfer for companies interested in sustainable practice. We also promote sustainable practices and are members of the Sustainable Business Network and Slow Money Alliance. Our Mission is simple.  We seek to help our clients make the best risk and risk transfer decisions possible.

We bring market-leading service to the most creative solutions in the risk management field to ensure that each Meridian client achieves their risk objectives.

“It is with great pleasure that we invite you to join us on June 9-11 for our Second National Gathering at Shelburne Farms, Vermont   http://www.slowmoneyalliance.org/national-gathering.html

one of the premier historic and sustainable agriculture sites in the country. This 1400-acre site originally owned by Lila Vanderbilt Webb is located on the shore of Lake Champlain and is the site of three barns, each one of which is more memorable than the last (if you don’t think a barn can be memorable, you will have your mind changed…).

We’re expecting a strong turn-out, so we suggest you secure your housing as soon as possible. Link here

http://www.slowmoneyalliance.org/hotels.html

for our list of recommended hotels. NOTE: the unique agricultural nature of the site means you will be staying a few miles away at one of these hotels.

Slow Money… It’s not an ISM (as in capitalism, socialism, consumerism, market fundamentalism…).  But it is a new way of connecting investors to local food systems, catalyzing new forms of social investing and philanthropy for the 21st century.  Join the emerging network of investors, donors, entrepreneurs, farmers, and activists who are giving birth to the nurture capital industry.”

See you there,

Woody Tasch

Chairman, Slow Money

Confirmed Speakers

Erika Allen, Chicago Projects Manager, Growing Power

Eliot Coleman, Founder, Four Season Farm and Author of The New Organic Grower

Alisa Gravitz, Executive Director, Green America

Gary Hirshberg, CEO, Stonyfield Farm

Bill McKibben, Founder, 350.org and Author of Deep Economy

Diane Miller, President and CEO, blue moon fund

Will Raap, Founder, Gardener’s Supply

Joel Salatin, Owner, Polyface Farm

Tom Stearns, Founder, High Mowing Seeds

Robert Zevin, President, Robert Brooke Zevin Associates

Sponsors

Calvert Foundation

Castanea Foundation

City Market

Betsy and Jesse Fink Foundation

Investors’ Circle

Recycled Paper Printing

Solidago Foundation

University of Vermont

Vermont Sustainable Jobs Fund

Wainwright Bank

Partnering Organizations

1% for the Planet

Edible Communities

Vermont Commons

Vermont Fresh Network

Slow Money’s Second National Gathering June 9-11, 2010

Thursday, March 4th, 2010

For a new way of connecting investors to local food systems, catalyzing new forms of social  investing and philanthropy for the 21st century  join  the emerging network of investors, donors, entrepreneurs, farmers, and activists who are giving birth to the  nurture capital industry.  Join Slow Money for its 2nd National Gathering  at Shelburne Farms, a working farm and forest and National Historic Landmark at 1611  Harbor Road Shelburne, VT 05482 .  June 9-11, 2010. It is a setting uniquely imbued with the history of capitalism and a nonprofit organization dedicated to forging a new future through sustainability education, creating social enterprises and strengthening local food systems. Enjoy the natural beauty of Lake Champlain. Meet thought leaders and change agents from around the country who are joining in this exciting project: designing capital markets that go beyond extraction and consumption all the way to preservation and restoration… starting with food and soil fertility.

Program details will be announced shortly but you can be sure that they will include healthy doses of discussions, collaboration, spirit of inquiry, shared learning, music, and food.

For more information and to register use this link.  http://www.slowmoneyalliance.org/national-gathering.html

Picture

Meridian is a highly dynamic specialized insurance consulting group and broker with offices in Boston, MA, Newport, RI and Brookfield, CT. We specialize in risk management and risk transfer for companies interested in sustainable practice. We also promote sustainable practices and are members of the Sustainable Business Network and Slow Money Alliance. Our Mission is simple.  We seek to help our clients make the best risk and risk transfer decisions possible.

We bring market-leading service to the most creative solutions in the risk management field to ensure that each Meridian client achieves their risk objectives.

View more photos here

Energy and Environment Conference & Exposition 2010

Saturday, January 30th, 2010
Monday, February 1, 2010 (All day) – Wednesday, February 3, 2010 (All day)
EUEC is an annual conference and exposition held at the end of January every year in Arizona. The first Annual Conference of EUEC was in Phoenix, Arizona in 1995. Since then it has steadily grown with 1900 attendees in January 2009.
Over 2000 are expected at EUEC 2010 in Phoenix.
EUEC 2010 – The 13th Annual Energy & Environment Conference & Expo will be held February 1-3, 2010 at the Phoenix Convention Center, Phoenix, Arizona. Preconference workshops and Exhibitor setup will be on Sunday January 31, 2010.
The timing of this year’s conference brings together senior management professionals at the onset of what is likely to be an active year for energy and environmental policy particularly with the new proposed initiatives and legislation on climate change and renewable energy in the United States.
EUEC has been recognized as one of the “must attend” annual meetings in the United States for energy and environment professionals to network with experts from every major electric utility represented.
About 500 presentations will be made by world-leading experts on cutting edge technologies and strategies concerning renewable energy and carbon management.
Over 2000 delegates will be able to network in a 200 company exhibit area where buffet style lunches, receptions and snacks are served over three days-February 2-4, 2009. 12 pre-conference workshops are offered on Sunday, January 31, with specialized training and seminars on new technologies and services.
EUEC has a very successful track record of organizing this annual event every January in Arizona since 1995. About 2000 are expected to attend and network. Daily and reduced rate registration is available at a 50% early bird discount. Conference proceedings are provided at no additional cost to registrants in a flash drive ($295 value).

Larry Dressler – our colleague at  Tomorrow Biofuels  www.tomorrowbiofuels.com is speaking on carbon capture technologies at the upcoming conference in Phoenix. While we will not be attending this year due to other commitments we urge you to take note. Renewable technologies are morphing quickly and companies you haven’t yet heard of will be powerhouses in 5 years as governments and industry the world over shift with the new wind.   EUEC www.euec.com  is an annual conference and exposition held  every year in Arizona.  The first Annual Conference of EUEC was in Phoenix, Arizona in 1995. Since then it has steadily grown with 1900 attendees in January 2009.

Over 2000 are expected at EUEC 2010 in Phoenix.  EUEC 2010 – The 13th Annual Energy & Environment Conference & Expo will be held February 1-3, 2010 at the Phoenix Convention Center, Phoenix, Arizona. Preconference workshops and Exhibitor setup will be on Sunday January 31, 2010.

The timing of this year’s conference brings together senior management professionals at the onset of what is likely to be an active year for energy and environmental policy particularly with the new proposed initiatives and legislation on climate change and renewable energy in the United States.

EUEC has been recognized as one of the “must attend” annual meetings in the United States for energy and environment professionals to network with experts from every major electric utility represented.

About 500 presentations will be made by world-leading experts on cutting edge technologies and strategies concerning renewable energy and carbon management.

Over 2000 delegates will be able to network in a 200 company exhibit area where buffet style lunches, receptions and snacks are served over three days with specialized training and seminars on new technologies and services.

Meridian is a highly dynamic specialized insurance consulting group and broker with offices in Boston, MA, Newport, RI and Brookfield, CT. We specialize in risk management and risk transfer for companies interested in sustainable practice. We also promote sustainable practices and are members of the Sustainable Business Network and Slow Money Alliance. Our Mission is simple.  We seek to help our clients make the best risk and risk transfer decisions possible.

We bring market-leading service to the most creative solutions in the risk management field to ensure that each Meridian client achieves their risk objectives.

Toxic Chemical Risk and the Million Baby Crawl

Saturday, November 21st, 2009

Risk Management is not always obvious and not always about transferring risk.  Sometimes Raising consciousness is the first step to change in risk.  And who doesn’t want to see toxic chemicals managed better in the place where their impact is felt most dramatically – in homes –babies are arguably the most vulnerable members of our society particularly with their unique developmental  exposures.  Please join Seventh Generation’s virtual  march on Washington to say “NO” to toxic chemicals in the home.

For more info follow this link and help manage this physical risk to children and families.  

http://www.seventhgeneration.com/million-baby-crawl/

Meridian is a highly dynamic specialized insurance consulting group and broker with offices in Boston, MA, Newport, RI and Brookfield, CT. We specialize in risk management and risk transfer for companies interested in sustainable practice. We also promote sustainable practices and are members of the Sustainable Business Network and Slow Money Alliance. Our Mission is simple.  We seek to help our clients make the best risk and risk transfer decisions possible.

We bring market-leading service to the most creative solutions in the risk management field to ensure that each Meridian client achieves their risk objectives.

Sustainability Risk Management and Reputation Risk

Monday, November 9th, 2009

If you haven’t already been confronted with the implications of SRM in business, Harvard Business Publishing’s blog excerpted below adds some food for thought on how this is spreading.  This movement has not been lost on the Fortune 100 and even small companies need to pay attention to the the reputational implications or risk falling behind the wave of a rapidly retooling future-looking group.  We say stay well out ahead of this wave – anticipating what is coming.  If you want help staying positioned to manage your risks we are here to help.

“Here’s yet another concern for investors: sustainability risk management, or SRM. While the basic concept has been around for years, emerging market forces are creating a new strain of investor sustainability risk: point-of-purchase reputation risk. Disruptive systems are on the verge of revealing ecological impacts of products that could sink some brands — and boost others.

Regulatory and litigation risks have become familiar, and most companies have learned to avoid or manage them. The new kid on the block — reputation risk — may grow to be the most important for many businesses. One big reason? With Wal-Mart’s announcement in July that it is working with an academic consortium to develop a sustainability index for rating products, a never-seen-before level of transparency seems headed for their stores. Other retailers like Safeway and Best Buy are showing interest in adopting a similar rating.

Here’s the way the ecological transparency index seems likely to work. Wal-Mart’s house brand division is already piloting seven existing products, asking suppliers to assess those products on four dimensions of sustainability: resource use, including nonrenewables; impact on climate change; impact on ecosystems throughout the product’s supply chain; and impact on human health. Data like this, apparently, will become the basis for sustainability ratings that will be posted so shoppers can compare brands in the store aisles.

Unveiling the ecological impacts of products to consumers will likely create instant winners and losers. Signs in store aisles would be much more effective than online systems, and this point-of-purchase comparison sets the stage for what psychologists call the “contrast effect.” The discovery that your child’s toy contains a toxic substance like lead activates disgust — and the toxin-free toy you are comparing it with looks all the better.

Adapting to reputation risk will require a new mindset. Take a paper company that has excellent practices in its mills — lower chlorine use, good wastewater systems, alternative energy use, and the like. But the company still sources its wood from virgin forests — a practice that will make it a laggard if its competitors no longer use virgin wood.

To become less susceptible to this new risk, investors might favor companies that use life cycle assessment to identify the impact profile of their products, benchmark those scores against industry averages, and find innovative solutions that raise their ecological scores in the marketplace.

Lowering sustainability risks that in turn can affect long-term profitability and growth potential has become a mandate at an increasing number of companies. The Sustainable Investment Research Analyst Network (SIRAN) reported in July that annual reports from 86 of the 100 largest publicly traded U.S. companies include sustainability initiatives, and 34 report measurable goals.

Investors are taking note. The Investor Network on Climate Risk has 80-plus members representing over $60 trillion (including BlackRock and CalPERS). While climate concerns have been at the forefront for investors like these, social sustainability — such as how workers are treated — has been an additional focus of late. And as new ecological transparency systems come online, that focus will most certainly broaden.

Investors can minimize their exposure to the risk of supporting companies more likely to lose in this reputation battle. “What’s been missing is what we are all working towards: meaningful metrics on the climate impacts at the product level,” says People4Earth’s Tulay, adding that this is what life cycle assessment systems like Earthster and GoodGuide seek to capture and quantify. Tulay adds, “Investors should demand ecological transparency from companies.”

Excerpted from Harvard Business Publishing’s Daniel Goleman blog. See link for full article

http://blogs.harvardbusiness.org/cs/2009/10/investors_consider_sustainabil.html

Meridian is a highly dynamic specialized insurance consulting group and broker  with offices in Boston, MA, Newport, RI and Brookfield, CT. We specialize in risk management and risk transfer for companies interested in sustainable practice. We also promote sustainable practices and are members of the Sustainable Business Network and Slow Money Alliance. Our Mission is simple.  We seek to help our clients make the best risk and risk transfer decisions possible.

We bring market-leading service to the most creative solutions in the risk management field to ensure that each Meridian client achieves their risk objectives.

What is sustainability risk management (SRM)?

Monday, November 9th, 2009

With shifting corporate priorities in the face of the economic crisis and what lies ahead in corporate responsibility, new mechanisms are arising.  While the concepts of enterprise risk management have been growing more broadly in the corporate world for some time, the influences of a sustainable movement have been a comparatively new voice.  That voice is growing.

What is the definition of sustainability risk management?

Sustainability risk management (SRM) is a business strategy that aligns profit goals with internal green computing policies. Such policies seek to decrease negative environmental impact, for example by reducing use of natural resources and decreasing carbon emissions, toxic substances and byproducts. The goal of SRM is to make this alignment efficient enough to sustain and grow a business while still preserving the environment.

SRM is another step in the evolution from traditional IT-centric risk management areas like operations, disaster recovery and security. SRM approaches risk management at a higher level, including production, manufacturing, and management of suppliers or materials. Organizations implementing SRM generally focus on the environmental effects of each process individually and then look for ways to minimize them. One of the chief drivers for SRM adoption is increasing demand for compliance with global and national environmental, trade and privacy regulations, such as Sarbanes-Oxley Act ( SOX ) and Health Insurance Portability and Accountability Act ( HIPAA ).

Although SRM is not specific to IT, IT leaders play a central role in making a company’s SRM strategy succeed. In an SRM context, IT leaders are responsible for integrating and distributing data related to sustainability goals. Many IT executives have already begun SRM in their own organizations through green computing practices like reduction of energy usage server virtualization or conducting due diligence for disposal of IT assets through e-cycling.

Definition from searchcio.com.  http://searchcio.techtarget.com/sDefinition/0,,sid182_gci1324818,00.html

Meridian is a highly dynamic specialized insurance consulting group and broker  with offices in Boston, MA, Newport, RI and Brookfield, CT. We specialize in risk management and risk transfer for companies interested in sustainable practice. We also promote sustainable practices and are members of the Sustainable Business Network and Slow Money Alliance. Our Mission is simple.  We seek to help our clients make the best risk and risk transfer decisions possible.

We bring market-leading service to the most creative solutions in the risk management field to ensure that each Meridian client achieves their risk objectives.

Slow Money goes viral

Thursday, November 5th, 2009

From the Political Packrat blogpost Monday Nov 2nd comes more press for Slow Money.

Meridian sees a rising tide of voices which say in unison that it is an idea whose time has come. And like  any such animal it’s causing a touchstone for people from all walks of life.  Geography does not seem to be limiting the imagination of those who are germinating this idea. Decide for yourself but think back on this in 3 years, 5 years, and 10 years from now and see how time has colored your own view of the  importance and opportunity that stood before us at this time in history.

“Slow Money is the name of a book, a movement, and an idea whose time has come. The subtitle of the book ” investing as if food, farms and fertility mattered” explains the heart of the movement which is only about a year old, but which is going viral all over the world.

The principles of slow money are not about capitalism or communism but about common sense and basic morality. The idea of slowing money down means to not invest for a quick killing and maximum return for investors, but to invest for long tern goals and the good of both investment and investor. The movement asks three interesting questions in the principles section of its website:

  • What would the world be like if we invested 50% of our assets within 50 miles of where we live?
  • What if there were a new generation of companies that gave away 50% of their profits?
  • What if there were 50% more organic matter in our soil 50 years from now?

These questions were provocative enough to make me want to download the PDF outlining all the principles of the movement which you can do by clicking here.

How it Started

The Slow Money movement grew out of the slow food, buy local idea. From eating local and eschewing factory farms and agribusiness it is only one small step to changing the entire system by changing the way we view business, profit and investment. The Slow Money movement is putting its money where its mouth is by starting a seed money fund that will emphasize ” nurture capitalism” funding local and small food enterprises, not as philanthropy, but as sensible investment in product, people, and the future.

Like most great concepts it is simple. Like most game-changing ideas it leaves you thinking ” why didn’t I think of that” and like many new ways of thinking, it will no doubt be met with ridicule and pessimism. The important thing is, given human nature, will it work? Only time will tell.

The world as we know it is on the verge of economic collapse. International financial institutions, governments and corporations are paddling like mad to keep us from going over the falls into oblivion. I say, keep an open mind and incorporate the idea of “nurture capitalism” into the economy. Maybe it is time to think outside the box? It’s what we’re best at here in America and Lord knows we need to re-invent ourselves.  ”

http://politicalpackrat.blogspot.com/2009/11/slow-money-fast-growing-idea.html

Meridian is a highly dynamic specialized insurance consulting group and broker  with offices in Boston, MA, Newport, RI and Brookfield, CT.  We are a hard-driving group with an entrepreneurial spirit who will work tirelessly for clients. Our Mission is simple.  We seek to help our clients make the best risk and risk transfer decisions possible.

We bring market-leading service to the most creative solutions in the risk management field to ensure that each Meridian client achieves their risk objectives.

B Corp Declaration of Interdependence

Tuesday, October 27th, 2009

Here is the Declaration of Interdependence which the non profit B Labs and its member “B Corps” adhere to.

Declaration of Interdependence

We envision a new sector of the economy

which harnesses the power of private enterprise to create public benefit.

This sector is comprised of a new type of corporation the B Corporation

which is purpose-driven and creates benefit for all stakeholders, not just shareholders.

As members of this emerging sector and as entrepreneurs and investors in B Corporations,

We hold these truths to be self-evident:

- That we must be the change we seek in the world.

- That all business ought to be conducted as if people and place mattered.

- That, through their products, practices, and profits, businesses should aspire to do no harm and benefit all.

- To do so requires that we act with the understanding that we are each dependent upon another

and thus responsible for each other and future generations.

Meridian is a highly dynamic specialized insurance consulting group and broker  with offices in Boston, MA, Newport, RI and Brookfield, CT.  We are a hard-driving group with an entrepreneurial spirit who will work tirelessly for clients. Our Mission is simple.  We seek to help our clients make the best risk and risk transfer decisions possible.

We bring market-leading service to the most creative solutions in the risk management field to ensure that each Meridian client achieves their risk objectives.