ESG – Page 8
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NewsDirectors and insurers warned ESG litigation set to snowball
‘ESG is a business imperative for every company,’ warned partner
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NewsBackchat March 2023
Insurance Times shares the best industry anecdotes from the last month, delving into the world of obscure high net worth art. What has the insurance industry been up to of late? You heard it here first…
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NewsCompanies at risk of legal action amid likely PFAS clampdown, warn lawyers
There are growing concerns over the impact of the chemicals on human health
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NewsBrokerFest 2023: Successful change in ESG requires joint ‘ambition and values’ from firms
Specific targets should be different, however, due to transformation capability
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NewsClimate litigation becoming a corporate threat – Kennedys
‘We are likely to see climate related litigation become a major part of the legal landscape in the future,’ says legal director
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News AnalysisBriefing: Is the sector embracing plastic free repair materials to support UK’s sustainability drive?
Although plastic free materials are more attractive from a net zero perspective, ditching plastic in claims repairs could come at a cost for insurers and policyholders
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NewsABI urges industry to seize opportunities from current challenges in new strategy
The trade association believes the insurance ‘sector has a huge opportunity to work together to drive change’
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News AnalysisInsurance ‘must take a leading role’ clarifying products to support secondary construction material usage
Although the use of secondary construction materials could assist the UK’s transition to a net zero economy, better communication between the build environment industry and insurance is needed to improve ‘risk perception’
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NewsBrokerFest 2023: Expert panel to highlight commercial opportunities around embedding sustainability practices
An insurer, broker and risk management expert will talk on sustainability subjects such as reporting requirements, risk appetite and the impact of ESG awareness on placements
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NewsYounger insurance customers prefer human interaction – Sollers Consulting
‘There is something about this online experience that is not speaking to the younger demographic’, says business architect
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IT InterviewGill Nowell: Insurers can accelerate electric vehicle momentum
Head of electric vehicle communications believes insurers can help customers make ‘an informed choice’ about EV ownership
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NewsTelematics allows consumers to take an ‘active part’ in their risk profile – Redtail Telematics
The positive environmental impact of the technology can also help sell the concept to consumers, says chief executive
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NewsReinsurers’ retreat leaves marine underwriters to sail alone in a sea of rising risks
Marine insurance trade association confirms the sector ‘has much work ahead’ if it wants to keep pace with ongoing challenges
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News AnalysisBriefing: Resilience partnership may point to the future of insurance
Insurers investing in Covid-related research projects could be looking to reduce the long-term costs of future risks
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NewsAxa XL reveals three-year sustainability strategy
The insurer hopes to improve ESG resilience among its customers with increased awareness of biodiversity risks
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NewsAllianz Commercial to utilise green parts in fleet policy update
The insurer intends to mitigate ‘rocketing’ claims costs for consumers, says head of claims customer delivery
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News AnalysisTechTalk: Are insurtech staff layoffs the ‘quick and easy way out’ of post-pandemic capital conundrums?
While 2021 was filled with the creation of insurtech unicorns, 2022 saw sector-wide staff layoffs - and there could be more to come as inflation and the cost of living crisis continues to grip the market
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NewsConstruction sector requires support from insurance firms in UK’s net zero transition – UKGBC
Risk perception around a secondary materials market needs to be addressed, says the council
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IT Interview‘There is real value in insurers helping people get ahead’ of climate change-related risks – Aviva’s Adam Winslow
Plus, as the UK’s ‘power mix is changing’, Aviva is ‘looking at extending [our] renewables footprint’, noted the insurer’s UKGI chief executive
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NewsManifesto 2023: Biba reveals new ESG commitments for 2023
The broker trade body has pledged to get its ‘own house in order first’, so that the support given to its members is built on a ‘strong foundation’
