ESG
ESG stands for Environmental, Social, and Governance.
Post launches new Benchmarking Service
Insurance Post’s unique service will benchmark UK insurers’ strategies across key areas, including claims, fraud and technology.
Big Interview: Chubb’s Mark Roberts
Mark Roberts, division president for UK, Ireland and South Africa at Chubb, tells Jonathan Swift he is looking to create wider and deeper relationships with UK brokers plus what factors will help differentiate his insurer from the congested run-of-the…
Carbon markets: the next ‘billion-dollar’ prospect
Oxbow Partners and Kita have underlined the scale of the opportunity for insurers looking to capitalise on carbon markets, and how the carbon credit insurance market could reach $30bn by 2050.
Lloyd’s DEI role model Rob Anarfi
Last year, Lloyd’s commissioned Franklyn Rodgers to create six portraits of diverse role models and over the coming weeks we will feature them all with today’s spotlight on Beazley chief risk officer Rob Anarfi.
Top five risks that will affect claims in 2024
The use of artificial intelligence, a changing geopolitical landscape and climate change were revealed to be among the top priority concerns that UK insurers will increasingly have to tackle.
Lloyd’s and London market DEI role model Rebecca Mason
Last year, Lloyd’s commissioned Franklyn Rodgers to create six portraits of diverse role models, which were displayed in its historic Old Library to celebrate the progress made in creating an inclusive cultural marketplace. Over the coming weeks we will…
Climate campaigners claim victory after insurers rule out EACOP
Reinsurance companies Sirius Point, Riverstone International, Enstar Group, and specialty insurers Blenheim and SA Meacock, have all officially ruled out involvement in the East African Crude Oil Pipeline.
Climate activists threaten to step-up action against insurers
Climate activists have kicked off the new year by warning the insurance sector “your time is up”, and have revealed plans to protest for a “fair and just transition” to secure a liveable planet for all.
Aviva CEO Blanc awarded Damehood and ex-RSA boss Hester knighted in New Years Honours List
Amanda Blanc, the group chief executive officer of Aviva, has been awarded a Damehood in King Charles the Third’s second New Years Honours List.
Claims and Legal Review of the Year 2023
Looking back at 2023, law firms and claims professionals reflect on how double digit inflation hit the sector and look forward to artificial intelligence speeding-up administration in 2024.
Hiscox and Google collaborate; Axis syndicate; Biba’s 2024 conference theme
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
UK motor broker launches; Ardonagh’s management reshuffle; Polaris’s £1.5m investment
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Howden pleads for protection of climate-vulnerable countries
Speaking at the COP 28 summit, David Howden, founder and CEO of Howden emphasised the power the private sector has to protect vulnerable countries against the effects of climate change and unlock future investment opportunities.
View from the top: Allianz’s Dixon on doing the right thing during difficult times
As COP 28 gets underway in Dubai, Catherine Dixon, chief underwriting officer at Allianz Commercial, reflects on the need for insurers and brokers to take environmental, social and governance seriously.
Is the insurance industry a barrier or facilitator of net zero?
While historically the insurance industry been a barrier to net zero progress, Ofir Eyal, partner and director of business management consultant Marakon, considers the sector’s potential to facilitate the transition.
Could COP 28 leave insurers with more stranded assets?
As COP 28 kicks off on 30 November, Emma Ann Hughes examines how the race to net zero is creating stranded assets, affecting insureds and insurers.
Podcast: How climate change is transforming insurance
Climate change means the areas impacted by subsidence will double by 2050, and double again by 2080, Heikki Vesanto, manager for GIS data science at LexisNexis Risk Solutions, has warned.
Making sure insurers aren’t left high and dry with stranded assets
As we transition to a low carbon economy, Simon Konsta, disputes partner at international law firm DAC Beachcroft, explores the risk of stranded assets, which affect insurers both in terms of investment and claims.
Lloyd’s consults on Net-Zero approach
Lloyd’s of London has launched a consultation among member firms on its proposed approach in insuring the low-carbon transition over the next three years.
Monitoring ESG supply chain performance delivers competitive advantage
Getting a handle on the ESG performance of supply chain partners can help reduce the likelihood of disruption while delivering financial and reputation benefits. And external validation and monitoring is key to doing this successfully, argues Sara…
Low-carbon materials and the problem of betterment
With COP28 kicking off this week, Nick Turner, head of surveying at Woodgate & Clark, considers the current choice of low-carbon materials in building repairs and the problem of betterment.
Insurers urged to back more British environmental reinstatement projects
As biodiversity loss reaches an all-time high, insurers are being asked to consider reallocating funds to help ‘direct action’ projects in the UK to support the country’s depleted ecology.
Professional indemnity insurers raise AI worries
Around two thirds of UK professional indemnity insurers believe the use of AI by professional services firms is increasing their risk of practice, according to a survey by Clyde & Co.
Environmental threats slip down agenda as top UK risks are revealed
Economic and societal concerns have overtaken environmental risks as global business leaders share their biggest concerns in the World Economic Forum’s executive survey.