ESG
ESG stands for Environmental, Social, and Governance.
NZIA issues target-setting protocols for net-zero transition
The Net-Zero Insurance Alliance has unveiled its first target-setting protocols in the transition to a net-zero emissions global economy. But not everyone is satisfied, with some saying the announcement is "devoid of any ambition".
Implications of illegal, unreported and unregulated fishing on insurance
Blog: Lindsay Getschel, outreach and engagement associate at Ocean Risk and Resilience Action Alliance explores the impact of illegal, unreported and unregulated fishing on the insurance industry.
How is the consumer's environmental conscience impacting motor insurance?
Blog: With consumers becoming increasingly conscious of climate change, there has been an increase in the ownership of electric cars, but even they aren’t completely innocent. Andy James CEO of Zixty, asks if environmentally conscious motor insurance…
Why climate change is the biggest risk facing businesses
Data analysis: Insurance Post examines data to identify the top commercial insurance risks for the next 12 months and beyond, based on the insight of risk management experts, and examines how insurers are adapting policies and approaches to protect…
Review of the Year 2022: Insurtechs (part two)
Senior insurtech figures from the market reflect on 2022 and reflect on what 2023 might bring.
Review of the Year 2022: Claims and Legal (part two)
Senior claims figures look back on 2022 and reflect on what 2023 might bring.
Bodyshops increase the use of recycled parts to avoid delays
More than half of repairers surveyed by APB club have disclosed they use more non-original equipment parts than last year as repairs are facing increasing delays, but there is still pushback from some bodyshops.
Podcast: ESG, its impact, and the challenges
In this podcast, Insurance Post and Crif Decision Solutions examine the extent and influence of environmental, social and governance principles on insurers and their supply chains.
Insurers slammed for insuring 'climate chaos' with UK coal mine
Lloyd's is remaining tight-lipped about who will insure the first UK coal mine approved in decades as campaigners accuse insurers contemplating offering cover for the project of causing "climate chaos."
Review of the Year 2022: Insurers
Senior figures from the insurance market look back on 2022 and reflect on what 2023 might bring.
RSA quickens the pace of race to net-zero
RSA has launched a low-carbon underwriting policy and committed to achieving an underwriting portfolio for energy production that is over 75% low carbon by 2030.
FCA’s Mills labels EDI representation as 'uneven and stagnant'
Sheldon Mills, FCA executive director, consumers and competition has stressed “statistics speak for themselves” and the industry does not represent the communities it serves
ABI publishes blueprint to make insurance UK's 'most diverse sector'
The Association of British Insurers has outlined steps the industry needs to take if it is to become "the most diverse, equitable and inclusive sector of the UK economy."
BIA 2022 Award Winners video: General Insurer of the Year Zurich's Michelle Taylor
Following its success in winning three prizes at the British Insurance Awards Post including the highly coveted General Insurer of the Year content director Jonathan Swift caught up with Zurich UK head of sales and distribution Michelle Taylor.
WTW partners with Liberty and Markel; MS Amlin's 3-year sustainability plan; Novidea appoints head of UK delivery
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Cop27: WTW collaborates with Unicef to provide climate protection to 15 million children
WTW has joined forces with The United Children’s Fund to protect millions of children and families from climate change
C-suite: Gallagher’s Richard Laver looks at the best ways to move insurer-broker partnerships beyond the fundamentals
Richard Laver, head of carrier management at Gallagher, argues that ESG programmes, cyber and harnessing the potential of data presents key opportunities for insurers and brokers to strike up mutually beneficial partnerships.
Cop27: Three more insurers join Flood Re's 'Build Back Better' scheme
Flood Re CEO Andy Bord has announced that three more insurers have joined the Build Back Better Scheme, speaking at the COP27 climate summit in Sharm El-Sheikh on Monday.
Hurricane Lisa causes first pay-out of Mesoamerican Reef Insurance Programme
The first pay-out has been made by the Mesoamerican Reef Insurance Programme when the Turneffe Atoll, off the coast of Belize, was hit by Hurricane Lisa on 2 November.
Ageas 5% away from target to triple green parts use by 2023
Ageas’ claims director Robin Challand told Post that the insurer is on track to triple its green parts use in its repairs by 2023.
Q&A: Lewis Cunningham, Claims Apprentice 2022 winner
Lewis Cunningham, claims handler at RSA, was recently crowned the winner of the third series of Claims Apprentice. Post sat down with Lewis and sponsor Kennedys’ own ‘Lord Sugar’: partner and head of marine practice, Chris Dunn, to hear their thoughts on…
UK 'veering off course' with ESG as public rank cost of living as their top concern
According to a report on environmental, social and corporate governance issues from communications consultancy SEC Newgate, the UK public rank the cost of living crisis as their primary concern.
Blog: Is it time to integrate the motor claims supply chain?
In the face of inflationary pressures and rising motor repair costs, the use of reclaimed and recycled parts makes both economic and environmental sense. So, asks Jim Loughran, CEO at e2e Total Loss Vehicle Management, why isn’t more being done to scale…
ESG Analysis: Insurers' plan of action to divest from coal, oil and gas
As 'ESG Season' approaches in anticipation of Cop27 in Sharm El-Sheikh, Post investigates how insurers are adapting their investment portfolios in line with climate targets.