Proactively Mitigate Reputational and Regulatory Risk
Demonstrate clear, traceable, and credible ESG commitments to investors, consumers, and regulators.
Improve Risk Selection and Pricing
Understand correlations between account ESG scores and insurance metrics to improve profitability.
Differentiate and Unlock Value with New Products and Services
Engage with customers in a more meaningful way while responding to stakeholder pressures.
A New Risk Paradigm
In an increasingly complex, connected, and changing world, a single event can dramatically change the perception of your firm. With growing societal, governmental, and consumer attention, firms are just beginning to understand how ESG impacts everyday business operations – from hindering your ability to raise capital, to attracting talent, or growing your business. Learn about the top drivers of ESG Risk.
79% of Consumers
consider insurer commitments to environmental issues in purchasing decisions.*
75% of Insurers
are in the process or have defined their ESG strategy.
50% of Insurers
are evaluating ESG as part of their underwriting and portfolio management strategies.
Partnering with Moody’s RMS on ESG Underwriting
By integrating Moody’s ESG solutions into the Intelligent Risk Platform from Moody's RMS, we are equipping insurance underwriters and portfolio managers with consistent ESG data connected across their workflows to manage ESG risk, customize ESG operations, and accelerate growth.
Credible insurance ESG analytics based on double materiality methodology, proprietary ESG datasets, and advanced risk modeling capabilities.
Built with best-available public and private ESG data from over 10 thousand public and 290 million private companies.
Adjustable views of ESG risk for the underwriting and portfolio management processes. Customize scores based on over 30 ESG parameters across 51 industries.
Easy to Deploy
Seamless integration with ExposureIQ streamlines the onboarding of new insights without new software.
ESG Thought Leadership
Long considered an emerging risk for insurers, environmental, social, governance and climate (ESG-C) risks are now one of the most talked about topics in the insurance industry. As such, the importance attached by senior management to this topic has increased.
Moving towards automation and digitization of the underwriting processes, accurate data and sophisticated analytics are becoming increasingly important. ESG factors and scores offer insurers new insights into risk and decision-making, but they also bring new data integration challenges.
ESG issues have become key priorities for insurers. Most actions have focused on internal operations, regulatory requirements, and the asset side of the balance sheet. The next step is to consider how ESG can be incorporated into decision-making across their entire business, including underwriting.
News & Insights
An ESG View on Russia and Impacts of Invasion of Ukraine
The impacts of Russia’s invasion of Ukraine and the scale of mounting international economic sanctions are set to reconfigure the existing ESG risk landscape for global business and financial markets. This comment discusses Russia’s sovereign ESG performance from Moody’s ESG Solutions’ perspective and the impacts of the current military crisis.
TCFD Reporting Set to Accelerate as Net-Zero Commitments Proliferate Globally
The Task Force for Climate-related Financial Disclosures’ (TCFD) recommendations have emerged as the foundational framework upon which many companies across the globe utilize to provide transparency to financially material climate-related information as net zero commitments and targets surge.
Climate Change – the Biggest Risk Multiplier for the Insurance Industry
There can be little argument with the scale of the challenge that the world faces from climate change, and insurers are no different.
Chaucer Announces New Collaboration with Moody's to Revolutionize the Way Businesses Manage Their ESG Profile
Together, Chaucer and Moody’s aim to produce an innovative, data-driven Environmental, Social, and Governance (ESG) ‘scorecard’.
Connect with an ESG Specialist