ESG – Page 22
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Analysis
UK’s changing climate will drive industry focus on innovation and risk management
Brokers that can help businesses with “training, monitoring and being ready” ahead of potential flood damage can ensure their commercial clients have a “massive differentiator”
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News
Brokers must be at the forefront of the fight against climate change – LIIBA
‘Fundamental change in culture at the FCA’ will also be vital to improve the competitiveness of the UK insurance market, says chief executive
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News
Cyber outranks Covid-19 and supply chain risk as biggest concern for global businesses – Allianz
However, business interruption remains a ‘key theme’
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News
Cyber threats ‘growing faster than ability to prevent and manage them effectively’
Rewarding efficiency over resilience ’can leave companies vulnerable to shocks’, says broker’s European risk management leader
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News
84% of leaders concerned about world outlook – World Economic Forum
WEF president urges ’that global challenges need global solutions’, especially as ’our planet is on fire and we have to deal with it’
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IT Interview
Peter Giger: Tackling the climate change crisis calls for another industrial revolution
Zurich’s group chief risk officer argues that the ‘status quo cannot last’ to combat the climate change crisis successfully
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Analysis
Insurance industry urged to review working models post-pandemic
Many insurers, brokers and insurtechs have overhauled their working models post-pandemic because ’a hybrid working model is now a requirement and not a nice-to-have’
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Analysis
Briefing: Five big issues facing insurance firms in 2022
It’s not just the FCA’s pricing and product reform that will be on the mind of the industry in 2022
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News
Climate crisis is ‘biggest long-term threat facing humanity’
Lobbying group’s report urges the insurance industry to ‘think outside the box’ and act on climate change risks
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News
CII’s Society of Insurance Broking to focus on attracting fresh talent to sector in 2022
A dominant theme for brokers will be ensuring that clients’ cover and sums insured are regularly reviewed, says SIB chair
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News
Ecclesiastical issues new broker guidance for education sector risks
Ecclesiastical’s customer segment director says ’brokers play an important role’ in helping education clients understand risk
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News
Western European flooding last July deemed ‘most significant loss event in 2021’ – Cresta
International natural catastrophe events outside of the US that generated over $1bn in insurance losses created an accumulated $21.6bn loss in 2021
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News
Business leaders unaware of climate change risk ‘is a problem’ – Aviva’s Winslow
UKGI boss emphasises that ‘climate change is no longer a distant threat’ and that it must be given ‘the attention it needs’
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News
Flood risk now demands resilience rather than defences as UK switches strategy
Loss adjusting firm flags that ‘the government’s strategy has now changed’ around flood risk, with the onus on individuals and businesses to protect their own properties
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News
Insurers set to become ‘lifestyle partners’ for customers in 2022 - Capgemini
Success in P&C market will hinge on being ‘customer-centric, savvy about intelligent processes, able to bring products to market agilely and willing to collaborate at scale with ecosystem partners’
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News
Insurers urged to take action on underwriting to fight global warming
Underwriting is an important part of fighting climate change, says climate research group
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News
Allianz pledges £100k to help independent brokers transition to net zero in 2022
Independent brokers that work with Allianz and employ up to 50 people are invited to apply for the insurer’s latest programme
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Features
Bruce Carnegie-Brown: Lloyd’s of London keen to grow Asia Pacific relationships
Lloyd’s identifies Singapore as ’gateway of choice’ in the Asia Pacific region
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News
Covid-19, mental health and cyber bullying listed as top short-term risks for schools – Ecclesiastical
The insurer is encouraging brokers to speak to clients about the risks cited in its latest research
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News
MS Amlin Underwriting hires head of sustainability and ESG
The appointment ‘signals MS Amlin’s continued commitment to investing in and building on our ESG expertise and capabilities’, says director of strategy and transformation