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Arthur D. Little

Arthur D. Little has been at the forefront of innovation since 1886. We are an acknowledged thought leader in linking strategy, innovation and transformation in technology-intensive and converging industries. We enable our clients to build innovation capabilities and transform their organizations. ADL is present in the most important business centers around the world. We are proud to serve most of the Fortune 1000 companies, in addition to other leading firms and public sector organizations. For further information, please visit www.adlittle.com

FINNOVATING

Finnovating is a Matching as a service platform that enables X-Techs from all around the word to connect , collaborate and get the funding they need to grow from investors and corporations globally. The Finnovating platform is a space were the key players of the Tech industry can connect together easily and boost global Tech innovations.

SØNR

Sønr is the world’s most comprehensive source of innovation intelligence. It is a subscription platform used by some of the best known insurance companies globally.

It tracks millions of companies around the world and provides insight on the latest market trends, the startups and scaleups reshaping the industry, and intelligence on how other big insurers are innovating.

Sønr includes a suite of tools designed for teams to better collaborate and connect. From recording meetings to capturing and sharing Notes, to being able to track and share activity across the company using Watchlists and CRM boards.

The platform is backed up by a team of consultants, researchers and analysts who support clients in discovering and creating new business opportunities.

EY: How the insurance industry can boldly shape a more sustainable future

Executive summary :

Why the insurance industry must play a more critical role in combating the climate crisis and improving sustainability.

 The Digital Insurer reviews EY’s Report on How the insurance industry can boldly shape a more sustainable future

Insurers need to have a response to climate change and sustainability 

Gaining traction

As climate change gains movement as a global issue, the insurance industry is weighing in on the debate and the role it will play on the world stage. Climate talks, carbon offsets and the future of the planet were key discussion points at COP25, the 25th UN Conference of the Parties on climate change in December 2019. And the UN’s Emission Gap Report 2019 highlights that the goal of holding climate change at 1.5°C is nearly impossible to reach. Rather, the planet is on track for 3.2°C of warming above pre-industrial level by 2100.

According to the UN, this means:

  • -23% global GDP impact
  • +28% likelihood of a Category 4 to 5 cyclone
  • +70% in extreme rainfall or about 275m people worldwide in areas that will be flooded and inhabitable

Closing the protection gap

As mentioned in our 2020 Global Insurance Outlooks (pdf), insurers are uniquely positioned to help people, companies and communities recognize the need for more protection and to close the massive natural catastrophe-related protection gap that currently exists. According to Swiss Re, this gap now accounts for US$221b, with catastrophe losses at 29%, the same level of two decades ago.

An important role

The insurance industry is aware of the importance of its role. As early as 2012, the UNEP FI Principles for Sustainable Insurance were launched to focus on embedding environmental, social and governance issues in insurance decision-making, raise awareness of the same with clients and business partners, and promote action with governments, regulators and key stakeholders.

Many insurers are signatories to these principles and some of the most forward-looking ones have also committed to become carbon neutral by 2050.

Regulators are also increasingly active in this space and climate change is finding its way into regulatory frameworks and capital regimes of insurers.

See the full report for more…

Link to Full Article:: click here

Link to Source:: click here

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