What is your insurance company's plan to address climate change?
Is it in the best interest of your shareholders (and your loss ratio) to focus on climate change by promoting the reduction of carbon emission and potentially stabilizing weather patterns?
Can your insurance company influence the carbon emissions given-off by policyholders?
Would your insurance company underwrite a risk that grows various strands of algae that produces oil used to operate a plastic manufacturing plant?
Do your property adjustors provide insureds an option to settle a property claim with organic, non-toxic, clean, energy efficient materials?
Do you think employees can be more energized and more committed by working as insurance industry leaders and innovators by developing your green insurance model?
These questions, and many more, are examples of issues Green Business Insurance handles on a daily basis. We believe the insurance industry would be well-served by embracing climate change and developing coverage and pricing that influence businesses to reduce carbon emissions and minimizing exposure to catastrophic weather patterns.
For consultative engagement contact Pat Thompson, CPCU at 614.562.5881.