Turning the fine words of carefully crafted corporate environmental, social and governance strategies into a meaningful reality is one of the top priorities for general insurers. However, turning rhetoric into reality remains a complex challenge.
Insurers do not sit in splendid isolation, with neat boundaries, tight control over their products – and thus over their reputations. They have extended supply chains, from the brokers who bring them business to the vast array of specialist firms that ensure the insurance promise. Insurance companies and their major suppliers know that the world, its customers, and a growing army of campaign groups are watching their every move. Reputations are at stake. Overpromising and under-delivering will be judged as harshly as failure to act.
To find out more, Insurance Post in association with CRIF Decision Solutions surveyed ESG and risk specialists to uncover insurers’ ESG priorities and supply chain management considerations.
This content sheds light on why the general insurance market is adopting a gradualist approach to delivering its ESG promises.
Topics covered include:
• Insurers and suppliers – aligning ESG strategies.
• ESG - learning from asset management.
• Regulation.
• What are the largest drivers behind validating insurance supply chains?
• ESG compliance for suppliers.
• ESG ratings.