As customers prioritise climate responsible behaviours, their risks will change: cycling to work being one clear example. But might customers be less willing to take long-haul flights for trip-of-a-lifetime holidays in the future?
On the other hand, climate responsible behaviours can be beneficial for health; eating less red meat, cycling and walking, for instance. The popularity of climate-monitoring wearables like pollution monitors offer opportunities to capture health data at the same time as climate data.
How can insurers incentivise climate-responsible behaviour?
How will climate change affect different insurance lines?
What is one proactive step insurers can take to reduce climate change?
Insurtech Insights is a global ecosystem aiming to connect industry leaders and decision makers with innovative startups who are challenging the insurance market, in order to create mutual business opportunities and accelerate growth.
As Chief Economist for the Americas, Thomas is responsible for the Swiss Re Institute’s economic and insurance market research for the Americas. This includes the sigma studies — Swiss Re’s research series on the insurance industry.
Matt Kenyon is a content producer and moderator at Insurtech Insights. Since 2018, Insurtech Insights has been building an industry leading insurance network - community driven and highly curated, we connect insurance professionals with the best...