ITFA Webinar – ESG rating and its impact on insurance coverage – Sponsored by Marsh

When it comes to ESG, the insurance industry contains deep pools of relevant knowledge, however there hasn’t been a need to join these up until now. The fact that there is no single, globally-accepted classification compounds the challenge around how ESG factors should be best considered and rated. This webinar which is being held on 6th July at 12:00 BST, is kindly being sponsored by Marsh Specialty.

Since early 2020, Marsh Specialty has been leading an initiative with clients and insurers to create a classification system, which goes beyond assimilating current methods, to provide transparency of which ESG factors are considered by insurers during the underwriting process. The approach will deliver consistent reference points to allow clients (and insurers) to benchmark their position against their peers and broader industry participants. It enables insurers to identify companies who are improving their own ESG profile, or enabling others to do so, and apply rating models accordingly. A better understanding of what drives the cost of risk may accelerate change, benefiting insurers, companies, and communities alike.

At this virtual event, we aim to have an active discussion around these points, from a bank, broker and insurer perspective, bringing better transparency as to how ESG factors can affect decision making. There will be a particular focus on the credit insurance market, and the need for enhanced collaboration on ESG matters to ensure that insurance can play its role in supporting the sustainability transition.

Date: 06 July 2021
Time: 12:00 BST time
Platform: Zoom (joining details will be sent by email to all those registered, a few days prior to the webinar)

Webinar Speakers:

• Johanna Wissing – ITFA Board member and Director Trade Syndications & Secondary Sales, Credit Suisse (Switzerland) Ltd
• Sacha Cooper – Senior Underwriter, Credit and Political Risks, Aspen Insurance
• George Pitcher – Vice President, Credit Specialties, Marsh
• N L N Swaroop – Director, Alternate & ESG Distribution, Global Trade and Receivables Finance, HSBC.

ITFA members interested in joining this webinar are kindly requested to RSVP by sending an email on lanika@itfa.org.

We do hope many of you will join us!