Top 10: Sustainability Leaders in InsurTech

Sustainability has become a critical focus for the insurance sector, driven by the escalating challenges of climate change and evolving societal expectations. Insurers are increasingly recognising their pivotal role in mitigating environmental risks and promoting sustainable practices.

As climate-related disasters become more frequent and severe, the industry faces mounting claims and the need to reassess risk models. Simultaneously, there's growing pressure from regulators, investors and customers to incorporate Environmental, Social and Governance (ESG) principles into business operations.

Forward-thinking insurers are not only adapting their risk assessment and underwriting practices but also leveraging technology to create innovative, sustainability-focused products. This shift towards sustainability is not just a moral imperative but a strategic necessity for businesses who want to stick around.

10: Siddhartha Jha

As the Founder, Chairman and CEO of Arbol - a global climate risk solutions platform - Sid Jha is leading efforts to address climate-related challenges through data-driven parametric insurance products. Sid's work focuses on leveraging advanced technologies to create efficient and transparent insurance solutions for climate risks. He is also a Co-founder of dClimate, the first decentralised climate information ecosystem.

9: Sten Saar

Sten Saar, Co-founder of Zego, has revolutionised insurance for gig economy workers. While not directly focused on environmental sustainability, Saar's innovative approach to insurance contributes to social sustainability by providing flexible coverage for a growing segment of the workforce. This indirectly supports sustainable economic practices in the evolving labour market.

8: Sam White

Sam White is known for her innovative and hyper-prolific approach to the insurtech business. As the founder and chair of Freedom Services Group, which includes brands like Pukka Insure and Stella Insurance, she has built a successful insurance business with over 200 employees and a turnover exceeding US$25m. Stella Insurance, launched in 2020, is particularly notable for being a female-centric motor insurance company designed specifically for women and led by women, reflecting White's commitment to championing diversity and inclusion.

7: Alexandre Rispal

Alexandre Rispal, a prominent figure in the insurtech sector, contributes to sustainability through his extensive writing and speaking engagements. As an author and lecturer, Rispal plays a crucial role in educating the industry about innovative technologies and practices, including those related to sustainability and environmental responsibility.

6: Peter Scott

Peter Scott leads Broker Insights, a company leveraging technology to enhance efficiency in insurance brokerage. While not explicitly focused on sustainability, Scott's work in digitising insurance processes contributes to reducing paper waste and improving operational efficiency, indirectly supporting environmental sustainability in the insurance sector.

5: Emilia Macarie

As the Chief Sustainability Officer at Allianz, Emilia brings a wealth of experience in strategy, finance, business development and M&A to drive the company's ESG initiatives. She has worked in Germany, Ireland and Spain, and speaks English, Spanish, Romanian, French, Italian and German.

All these skills and experiences are all the more incredible considering how young Emilia still is. She is a Young Global Leader at the World Economic Forum, advocating for sustainability on the world stage. "We want to help ensure a future for all on a planet worth living on. Today, Allianz is recognised as a sustainable insurer, a responsible investor, and a good corporate citizen," she says.

4: Maria Mateo Iborra

Maria Mateo Iborra leads IBISA, a company designing index-based insurance solutions for climate change and weather-related risks. Her work focuses on developing products that address challenges such as excess rainfall, cyclones and extreme temperatures. Iborra's leadership in creating advanced analytics tools helps insurers assess climate-related risks and develop new products that promote sustainable practices.

3: Daniel Schreiber

Daniel Schreiber, at the helm of the Lemonade Crypto Climate Coalition, is pioneering an innovative approach to addressing climate change through the convergence of insurance, blockchain technology and cryptocurrency. This ground breaking initiative represents a significant step forward in the insurance industry's efforts to combat climate change and promote sustainability.

Under Daniel’s leadership, the coalition is developing a range of climate-linked insurance products that leverage the unique capabilities of blockchain technology. These products are designed to provide more efficient, transparent, and accessible insurance solutions for climate-related risks. By utilising smart contracts and decentralised systems, the coalition aims to streamline claims processing and reduce administrative costs, making climate insurance more affordable and widely available.

2: Jonathan Jackson

Jonathan Jackson, CEO of Previsico, is leading the charge in leveraging cutting-edge technology to address climate-related risks in the insurance sector. Under his guidance, Previsico has developed the innovative Flood Intel Platform, a sophisticated tool that harnesses the power of data and artificial intelligence to accurately assess flood impacts.

This platform represents a significant advancement in risk assessment and management for insurers. The Flood Intel Platform developed by Jonathan’s team enables insurers to take a proactive approach to flood risk. By providing precise assessments of potential flood impacts, it allows insurers to work closely with their customers to implement effective risk mitigation strategies, helping reduce potential losses and strengthening the relationship between insurers and policyholders through collaborative risk management.

Moreover, Jackson’s leadership has positioned Previsico at the forefront of sustainable insurtech. By enabling more informed underwriting decisions, the company is helping insurers protect their bottom line while simultaneously addressing the growing challenges posed by climate change.

1: Rachel Delhaise

Rachel Delhaise has emerged as a prominent figure in the insurance industry's sustainability efforts. As Group Head of Sustainability at Convex, she has been recognised for her outstanding contributions, winning the Climate and Sustainability Champion of the Year award in the 2024 InsuranceERM awards.

Rachel’s role at Convex allows her to leverage her extensive insurance expertise while pursuing her passion for climate action, positioning her as a key player in the industry's transition towards a low-carbon economy.

Hers approach to sustainability in insurance is comprehensive and forward-thinking. She emphasises the importance of understanding sustainability in the context of insurance companies, focusing on measuring sustainability through various metrics and adapting to evolving sustainability goals.

One of Rachel’s notable initiatives is the Convex Seascape survey, which likely explores the intersection of marine ecosystems and insurance.

This project demonstrates her commitment to exploring innovative ways for the insurance industry to contribute to environmental protection and sustainable practices.

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