ESG
ESG stands for Environmental, Social, and Governance.
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.
Protesters target Chubb and AIG demanding they ‘rule out’ fossil fuel support
Climate activists took to the city to warn insurers that underwriting fossil fuel projects in Africa is a “risky business” that threatens the rainforest, human rights and their reputations.
Q&A: Jacqui Kelly, Zurich
Following her permanent appointment as head of sales and distribution at Zurich, which she took on as an interim in July, Jacqui Kelly explains her plans to deepen the insurer's relationships with brokers.
Aviva claims UK’s climate performance is in jeopardy
Amanda Blanc has shared concerns the UK’s “ambitious climate goals” are under threat, as the government is moving full steam ahead with its expansion on domestic oil and gas production.
Laka reveals plans to become the ‘European leader’ in green mobility insurance
London-based startup Laka has secured more than €7.6m (£6.63m) in its recent funding round, and announced its latest acquisition in European expansion plans.
Allianz's Graham Gibson, Aviva, NFU and Zurich among winners at 2023 Claims & Fraud Awards
Allianz chief claims officer Graham Gibson, pictured, won the prestigious Achievement Award at the Insurance Post Claims and Fraud Awards yesterday evening (5 October) at The Brewery.
Aon unveils operational risks solution; Admiral launches PI policy; Clear inks another deal
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
‘Challenging winter ahead’ as industry faces inflation squeeze
Domestic & General is concerned that without further help such as that from the Energy Bill Support Scheme, more customers could be left struggling with energy bills in the cost-of-living crisis, leading to difficult business retention.
Lloyd’s accused of ‘fanning the flames’ of the climate crisis
Campaign group Mothers Rise Up attended Lloyd’s of London investor autumn conference last week to halt investment in any Lloyd's insurers that continue to underwrite new fossil fuels.