Original Air Date: April 2, 2025

Webinar Summary

Lithium-ion batteries (LIBs) are renowned for their ability to store large amounts of capacity. Billions of these batteries operate safely every day, however they do come with an unintended consequence: Thermal Runaway. In this session, we will explore the lifecycle of lithium-ion batteries, from their manufacturing processes to optimal storage practices and diverse applications, including smartphones and electric vehicles. We will also discuss Thermal Runaway within a battery and how Energy Storage Systems work. Focus will be placed on on best practices for the safe use, handling, and storage of LIBs.

Note: This webinar is intended to provide a loss control perspective of the topic. Insurance coverage issues will not be covered during this webcast. If you have questions concerning coverage or insurability, please contact your insurance broker or underwriter.

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Audience

This webinar is designed for Chubb appointed Agents and Brokers, and their select Clients.

Presenters

Erik Olsen | SVP
Property Center of Excellence Leader
Chubb Risk Consulting
Sam Iannucci  | VP
Fire Protection Lead
Chubb Risk Consulting

Duration

1 hour

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