Climate Change is a term we are all familiar with and with the growth in ESG it is becoming synonymous with modern business practices. But what actually is Climate Change? And why is it relevant to insurance?In this session we will define Climate Change in simple to understand terms - breaking down the key terms and phrases which are often used interchangeably. We then explore its impacts on the insurance industry from claims to changing commercial client needs, to product and service innovation.
-Define climate change and other key environmental terms in plain language-Describe the role of the insurance industry in addressing climate change-Explain how climate change is impacting the insurance industry, including key challenges and opportunities