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The Annual Conference Series: The green transition: the role of General Insurers in helping society adapt to a low-carbon economy

Recorded: 22/02/2022

Duration: 41 minutes

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Addressing the impacts of climate changes means fundamental reforms to key sectors in the economy. Meeting the UK’s Carbon Budget target of a 78% reduction in CO2 emissions by 2035 will require considerable investment across the economy, including c£0.8trn on energy efficiency in buildings and 30,000 new electric vehicle charge points needed each year to meet the 2030 date for phasing out sales of non-EV vehicles. This session looks at how this rapid transformation will impact insurance markets, exploring both how the sector will have to evolve its products and practices and where insurers can drive this by incentivising behavioural change and working collaboratively with customers and the sector’s supply chain.

What will you learn?

By the end of this session, delegates should be able to identify a number of examples of product and service innovation from GI providers relating to climate adaptation; outline where the sector can work with key partners (like Flood Re) and the wider financial services sector to maximise the potential of these products and describe the key barriers and challenges that insurers will face as the UK implements its Net Zero Strategy.

Session speakers:

Price: 

£25.00 + VAT per person

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