Sustainability starts with insurance - we’re not going to go green overnight and there’s a huge volume of work to be done if we are to hit the government's emissions targets.
These big changes need not be as daunting as they first seem. Insurers can take some simple steps to move the needle from transition to change more quickly by creating a key action plan set against the timeline of expected social and industry change.
Insurers are not looking to the future and they should be. The industry is still spending too much time and resource on modelling and pricing for ‘the now’, and not ‘the tomorrow’.