Key areas where insurers can make a climate impact
We fully agree with BCG’s assessment that insurers have a great opportunity to become leaders in the climate fight due to their expertise in assessing and taking risk. We were also happy to see that they had identified several impact opportunities for insurers, which largely overlapped with the opportunities we’ve described previously. To seize the opportunity, insurers must address a number of key questions and formulate a compelling climate strategy that cuts through and crystallizes – for all stakeholders – what the company aims to do.