Just like the rest of financial services, the insurance industry has a critical role to play in enabling the net zero transition. How can the industry help (and incentivise) policyholders to decarbonise their assets and activities? What innovation is needed in the underwriting process to enable net zero business models, technologies, and lifestyles? And how can the broader insurance value chain play its part for a more rapid transition?
Together with ClimateWise (convened by the University of Cambridge Institute for Sustainability Leadership) and Icebreaker One, we have published “Climate product innovation within the insurance sector” which addresses these questions, and more.