Tag: ESG
Zurich and Aon launch global insurance facility for hydrogen projects
Zurich and Aon have joined forces to introduce a pioneering clean energy insurance facility aimed at providing extensive coverage for blue and green hydrogen projects globally, with capital expenditures reaching up to $250m.
IDF and AFD Group form IDRIMA to enhance climate resilience
The Insurance Development Forum (IDF), chaired by Michel Liès of Zurich Insurance, and the French Development Agency Group (AFD Group) have formed the Integrated Disaster Risk Management Alliance (IDRIMA).
Understory bags $15m in Series A for renewable energy sector
Understory, a provider of insurance solutions against severe weather losses, has secured $15m in a Series A funding round.
Unlocking insurer success: The power of data integration with hx Renew
In the evolving landscape of insurance, the adage "knowledge is power" has never been more pertinent. This is especially true in an era where data acts as the lifeblood of decision-making processes.
Global travel insurance industry steps up its commitment to sustainability
A new initiative, known as the Travel Insurance Eco Challenge, has been launched aiming to foster sustainable travel practices within the global travel insurance industry.
WTW launches first-ever coral reef insurance policy in Fiji
WTW, a leading global advisory, broking, and solutions company, has introduced a groundbreaking parametric insurance policy aimed at protecting the coral reef system of the South Pacific Ocean’s Lau Group of islands.
How ESG considerations are changing the InsurTech landscape
As the spotlight on Environmental, Social, and Governance (ESG) issues intensifies, insurance companies are faced with the complex task of aligning their strategies with the broader ESG landscape. As new research from Solera surfaces suggesting that customers are increasingly seeking proof of ESG commitment, FinTech Global examines how these ESG considerations are affecting insurers.
Peter Carter takes helm of WTW’s revamped climate practice division
In a significant shift, WTW has announced the appointment of Peter Carter as the leader for its revamped climate practice.
Argenta adopts Moody’s ESG solution for sustainable underwriting
Argenta Syndicate Management Limited (ASML), a prominent player in the insurance sector, has made a strategic move by choosing Moody’s ESG (Environmental, Social, and Governance) insurance underwriting solution.
Allianz raises the bar with ambitious net-zero transition plan for 2050
German insurer Allianz has made a significant announcement regarding its plans to achieve net-zero carbon emissions.