Chris Slater tells Insurance Day why insurance can make carbon credits more credible, investable, and easily purchased.
Chris Slater did not come back to the insurance industry for nostalgic reasons. He came back because carbon markets were missing one of the things every serious market needs: a way to transfer risk.
“I came back to insurance to help solve one of the existential crises of our lifetime… What I’m hoping for is that our insurance, and our peers’ insurance, can really unlock demand and bring that confidence.”
In Insurance Day, Oka’s Founder and CEO explains why carbon-credit insurance matters well beyond the policy itself. The interview covers why Oka was built as a full-stack insurer, why it focuses on post-issuance cover, why Lloyd’s was the right platform, and why cash settlement makes more sense than trying to replace one non-fungible credit with another. But the bigger argument is about market function. If credits are hard to trust, hard to price, and hard to treat as real assets, demand stays shallow. Insurance can help change that by signalling quality, stabilising value, and making the market easier for institutional capital to enter.
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