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In addition to the need for new products when insuring the transition, panelists highlighted the need to innovate and adapt.
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Speaking as a witness on the “Sexism in the City” panel, Braun described sexism in the industry as “completely unacceptable and shocking.”
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The Corporation’s head of culture Mark Lomas said: “We know we can’t undo the past, but we can do something about the inequalities we see today.”
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The number of female CEOs, CUOs, CFOs, MDs or board members has hardly changed in the past 12 months.
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Inflation, supply chain issues and technological failures are complicating the underwriting landscape.
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The 30-strong segment will combine reinsurance and capital markets with data, analytics and technology.
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Investors are beginning to push insurers harder to deliver on diversity and inclusion, but the culture around speaking out and recruiting talent suggests new ideas or broader execution is needed.
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The CMA said it would not take enforcement action on agreements that “genuinely contribute” to addressing climate change.
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The report also highlighted general liability policies as an area of potential exposure to insurers.
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At an event that brought together construction insurers, brokers, engineers and developers, delegates discussed an impasse over insuring sustainable development projects.
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Panellists at the Dive In Festival explored the link between innovation and inclusion and why it's important to them as leaders in their respective fields.
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Inflation, supply chain bottle necks and issues with emerging technology are all challenges for the sector.