Insurers are rising to the world’s social sustainability challenges, says The Geneva Association

Amid growing stakeholder expectations for businesses to have more social impact, a new Geneva Association report, The Role of Insurance in Promoting Social Sustainability, highlights insurance’s abundant, inherent social benefit in providing financial stability and peace of mind to people and businesses.

The Role of Insurance in Promoting Social Sustainability

Environmental, social and governance (ESG) considerations have become integral to insurance business models and strategies. Though focus has mainly been on the ‘E’ and ‘G’ dimensions until now, crises such as the Ukraine war and the pandemic have contributed to shifting attention to social sustainability. This report explores how insurers can extend their inherent social utility to better address the ‘S’ dimension of ESG.

The Geneva Association becomes a supporting institution of the UN-convened Net-Zero Asset Owner Alliance

The Geneva Association has become a supporting institution of the UN-convened Net-Zero Asset Owner Alliance (NZAOA), an alliance of institutional investors committed to transitioning their investment portfolios to net-zero carbon emissions by 2050.

Responsible Use of Data in the Digital Age: Customer expectations and insurer responses

Data-driven personalisation in insurance offers considerable advantages to customers, such as increased affordability, improved access and better personal well-being due to enhanced loss prevention. It also presents a range of challenges, including pricing out of customers with higher loss expectations and issues around data security and privacy. This issue brief examines how insurers can responsibly capitalise on the benefits of increased data availability to better serve their customers, without compromising on trust.

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