ESG
ESG stands for Environmental, Social, and Governance.
Three NZIA insurers fail to disclose targets by deadline
Tokio Marine, Sompo and MS&AD have been named by non-government organisations as failing to disclose intermediate targets that were still required, despite their exit from the Net-Zero Insurance Alliance.
What the Net-Zero Insurance Alliance’s demise means for the industry
Edmund Tirbutt examines what the future holds for the Net-Zero Insurance Alliance (NZIA), a UN-convened body set up two years ago for insurers wanting to cut their carbon footprint and reduce climate change risk.
Climate change activists target Hiscox and Travelers
Coal Action UK campaigners have graffitied Hiscox and Travelers offices this week, demanding the insurers withdraw support for the East African Crude Oil Pipeline project.
HDI in hiring spree; GRP enters pet market; Flood Re appoints chair
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Axa slammed for weakening ESG commitments around new gas projects
Campaigners have pleaded that Axa ends the expansion of oil and gas production after the insurer revealed it is allowing exceptions for companies it considers to be “in transition”.
How insurers help make summer blockbuster movies magic
Emma Ann Hughes examines how film production insurance has adapted to reflect the new risks associated with producing big summer blockbusters across several countries post-pandemic.
Trade Voice: Airmic on managing the climate risks of tomorrow
Julia Graham, Airmic CEO, argues the events of last month demonstrate the important of tackling climate risks in both the near and far term.
Aviva and Flood Re call for planning rules to be overhauled
Aviva and Flood Re have called on Rachel Maclean MP, minister for housing and planning, to ensure planning rules are updated to align with the UK’s legally binding Net Zero targets.
View from the Top: Aviva’s Adam Winslow on insurers’ critical role supporting Net Zero transition
Adam Winslow, CEO of UK & Ireland general insurance at Aviva, says out of sight downsides mustn’t be put out of mind as insurers support Net Zero transition.
Wildlife populations plummet 70% as IFOA publishes biodiversity policy
The Institute and Faculty of Actuaries has published its Biodiversity and Nature-Related Risks policy as biodiversity loss becomes a top global concern.
How to attract fresh talent to the loss adjusting industry
Sonya Tolson, chief people officer of McLarens, examines the steps the industry needs to take to have broader appeal while continuing to attract senior adjusters.
How insurance boardrooms are changing
Data analysis: An EY survey has reviewed the movements of board members, with insurance showing a higher turnover rate than last year, which might be representative of new focuses within the boardroom.
FCA to make Digital Sandbox permanently available for insurers
Following two successful pilots, the Financial Conduct Authority will make its Digital Sandbox available permanently for firms in the insurance sector from 1 August 2023.
Reclaimed parts driving motor insurance profitability
Analysis: Fiona Nicolson examines how reclaimed parts have become a vital solution to the ongoing parts shortages affecting body shops and motor insurers.
Best Insurance Employer: Arch
Arch bosses showing “genuine interest in employee wellbeing” helped the business achieve a four-star rating in this year’s Insurance Post Best Insurance Employer list.
Best Insurance Employer: Allianz
Allianz was rated a five-star place to work in this year’s Insurance Post Best Insurance Employer list, thanks to the provider’s returners programme, trans policy and race at work training.
How Insurance Post’s Best Insurance Employer List 2023 was produced
Each year, Insurance Post asks thousands of employees working across the insurance sector to rate their employer.
Best Insurance Employer: Pen Underwriting
Pen Underwriting achieved a four-star rating in this year’s Insurance Post Best Insurance Employers list, with staff praising managers they can respect and trust.
Best Insurance Employer: Gallagher
Gallagher received a four-star rating from staff surveyed for this year’s Best Insurance Employers list, with employees praising the business for having “the feel of a family firm.”
Best Insurance Employer: Zurich
Zurich has once again been rated a five-star place to work in this year’s Insurance Post Best Insurance Employers list.
Best Insurance Employer: So-Sure
So-Sure appears on the Insurance Post Best Insurance Employer list for the first time after achieving a four-star rating.
Best Insurance Employer: Beazley
Eco-friendly initiatives within the business has helped Beazley achieve a three-star rating in this year’s Insurance Post Best Insurance Employers list.
Best Insurance Employer: Axa
Axa achieved a five-star rating in this year’s Best Insurance Employer list thanks to eight out of 10 employees feel a sense of inclusion and belonging.
Best Insurance Employer: Flood Re
Flood Re may be small, but the mighty feeling staff get from making a difference to people who live at risk of flooding is why it was rated five stars in this year’s Insurance Post Best Insurance Employers list.