Green Insurance: A Roadmap for Executive Management

Anthropogenic climate change is accelerating, and severe widespread consequences are expected in many areas. Although the insurance sector not closely associated with any of sustainability dimensions, expectations may rapidly. Against this background, we analyze role insurers, especially property casualty areas, addressing environmental risk challenges developing a truly sustainable, environmentally friendly business model—green insurance. Building on Principles Sustainable Insurance set by United Nations, develop comprehensive roadmap along value chain for executive management to design their company’s efforts, special focus casualty. The indicates actions be taken as well metrics managed product development, marketing sales, underwriting operations claims towards green existing products, appetite operational processes must reviewed support goals include full portfolio activities, including claims. time act now, journey complex proposed model transformation should provide benefits early movers.