My Basket0

Insurance & ESG: An Introductory Programme from the CII

Webinar

Publication date:

18 November 2021

Last updated:

18 November 2021

‘ESG’ in 2021 is a complex and fast-moving area that is increasingly becoming part of Operational Resilience with impacts on our customers, Society at large and also Insurance firms and individual professionals. Although Climate and decarbonisation (the ‘E’) dominate the agenda, Societal (the ‘S’) and Governance (the ‘G’) are solidifying into ways of assessing the long-term viability of the firm, and the Value it generates.

As ESG becomes a conversation across Society, not just for experts and think tanks, the spotlight falls on Insurance. We see Insurance firms signing up to Net Zero commitments, committing to Biodiversity goals, and defining Responsible Underwriting (as Lloyd’s did in December 2020). But if ESG is going to become part of a new ‘business as usual’, individual professionals in Claims, Broking and Underwriting need to start developing their knowledge NOW.

What are the questions to ask?

How do we question the answers?

How do you best develop your personal ‘toolkit’, in practice, now and in near future?

The CII has developed an introductory programme to help demystify ESG for Claims, Broking and Underwriting professionals, structured around three key themes:

  • Insurance & ESG: What’s Happening – Now and Next?
  • ESG Metrics: Who’s Measuring What (and Why)?
  • Insurance & ESG: What Do Stakeholders Think?

Each theme will be explored in a conversation convening a small group of ‘outside-in’ experts and Insurance professionals livestreamed in November/December chaired by Insurance Innovation and ESG expert, Shân Millie. There will also be a specially-produced video ‘playbook’ for each theme, bringing a diverse selection of expert views (‘talking heads’) and accompanying notes.

 

[Webinar 1]

Insurance & ESG: What Do Stakeholders Think?

 

Date

25 November, 10.45-11.30am

 

Panellists

Jill Atkins, Chair in Financial Management University of Sheffield, globally-renowned expert in Corporate Governance and Sustainability Accounting

Peter Bossard, Global Coordinator, Insure Our Future

Nikki Gwilliam-Beeharee, Investor Engagement Lead at World Benchmarking Alliance

Rebecca Scott, Group COO Howden Group, Group Executive Committee Member, Sustainability Committee Member, Trustee, Howden Foundation

Discussion chaired by Shân Millie, Insurance Innovation & ESG expert (Bright Blue Hare, GreenKite, EDII)

 

The first in a series of 3 webinars in the CII’s Introductory Programme designed to demystify ESG for Insurance professionals in Claims, Broking and Underwriting. If ESG is going to become part of a new ‘business as usual’, individual professionals in Claims, Broking and Underwriting need to start developing their knowledge NOW.  Specifically:

 

  • What are the questions to ask?
  • How do we question the answers?
  • How do you best develop your personal ‘toolkit’, in practice, now and in near future?

This discussion zeros in on the views of our stakeholders inside and outside Insurance and the likely developments that will set the context for Insurance in the next 18 months, and beyond. How will ESG change the shape of Corporate Governance and what will be the impacts, for firms and our clients? What can we learn from how Investors view ESG and its application to Financial Services, to predict likely impacts on how doing Insurance will be affected? Is Civic Society activism a ‘flash in the pan’? How do stakeholders inside Insurance see things, and how are they responding?

 

Learning outcomes

  1. Understand the key challenges stakeholders inside and outside Insurance see for the sector and individual professionals of what, why and how you operate viewed through the ESG lens
  2. Build your knowledge on current issues, debates and emerging requirements as seen by key non-Insurance stakeholders for Corporate Governance, Sustainability (Accounting), Decarbonisation and Social and Governance factors
  3. Develop your own next-step learning and personal action areas on Insurance and non-Insurance stakeholder activities, thinking and insights, building on the foundation understanding gained from the webinar.

Register here

 

[Webinar 2] 

ESG Metrics: Who's Measuring What?

 

Date

3 December, 10.45-11.30am

 

Panellists

Irena Badelska, Senior Executive Measurabl, Social Entrepreneur

Mike Carrodus, Founder & CEO, Substantive Research

Paolo Cuomo, Director of Operations, Brit Insurance

Keeran Gwilliam-Beeharee, Executive Director, Vigeo-Eiris, a Moody’s company

 

The second in a series of 3 webinars in the CII’s Introductory Programme designed to demystify ESG for Insurance professionals in Claims, Broking and Underwriting. If ESG is going to become part of a new ‘business as usual’, individual professionals in Claims, Broking and Underwriting need to start developing their knowledge NOW.  Specifically:

 

  • What are the questions to ask?
  • How do we question the answers?
  • How do you best develop your personal ‘toolkit’, in practice, now and in near future?

Reliable standards, process and benchmarks are essential to operationalise ESG, to allow firms to make informed choices, and to track performance with Trust. But, in a growing ‘marketplace’ of 600+ competing methodologies (and growing!), how do we know where to start, and how to choose? How far is Insurance already investigating or using ESG metrics and to answer what kinds of questions? What specific regulatory requirements are ESG metrics being used to meet now – and in the near-future? Where should firms, teams and individual leaders start in evaluating potential metrics and data sources? This panel brings together 3 experts from the world of ESG Metrics (including a specialist in Commercial Property), together with a senior Operations leader from Insurance to unpack this important and fast-growing topic.

 

Learning outcomes

  1. Understand the ESG Metrics landscape, key players, current ‘live’ issues and next-step developments.
  2. Build your knowledge on current issues, use cases and emerging requirements where ESG Metrics will come into play.
  3. Develop your own next-step learning and personal action areas on evaluating providers and options in your own operational context (in Broking, Claims or Underwriting).

Register here. 

 

[Webinar 3]

Insurance & ESG: What's Happening -- Now & Next?

 

Date

9 December, 10.45-11.30am

 

Panellists

 

Chris Frogner, Founder & CTO, Arma Karma

Maxine Goddard, Head of Strategic Partnerships iCAN, SVP Strategic Distribution & Development, Sompo

Alex Hindson, Chief Risk & Sustainability Officer, Argo 

Christian Arno, Founder, Pawprint

 

The third and final discussion in a series of 3 webinars in the CII’s Introductory Programme designed to demystify ESG for Insurance professionals in Claims, Broking and Underwriting. If ESG is going to become part of a new ‘business as usual’, individual professionals in Claims, Broking and Underwriting need to start developing their knowledge NOW.  Specifically:

 

  • What are the questions to ask?
  • How do we question the answers?
  • How do you best develop your personal ‘toolkit’, in practice, now and in near future?

Insurance is routinely labelled as being ‘behind the curve’ by people working in the sector, not just commentators looking in from the outside. What counts as being ‘on the curve’ for Insurance professionals in 2021? On the range of issues – Environmental (E), Social (S) and Governance (G) – what is actually happening across the sector, what are the drivers (and obstacles) to faster and more progress? Our panellists come from within Insurance, and are directly involved in hands-on change and leadership in various aspects of the ESG agenda – including setting up a new business based on ESG principles from the beginning. What have they learnt so far? How are they putting this into practice? Where do they want to take their personal ESG ‘toolkits’ next?

 

Learning outcomes

  1. Understand progress – and obstacles – to ESG integrating into the business of Insurance as seen by professionals themselves.
  2. Build your knowledge on how Insurance is building, validating and using the ‘business case’ for ESG now.
  3. Develop your own next-step learning and personal action areas on ESG guided by real-world examples and experiences shared by professionals like you.

 

Register here.

This document is believed to be accurate but is not intended as a basis of knowledge upon which advice can be given. Neither the author (personal or corporate), Society of Claims Professionals or Chartered Insurance Institute, or any of the officers or employees of those organisations accept any responsibility for any loss occasioned to any person acting or refraining from action as a result of the data or opinions included in this material. Opinions expressed are those of the author or authors and not necessarily those of the Society or Chartered Insurance Institute.

Comments

No comments have been added to this article.