
The ClimateWise Insurance Advisory Council is a group of C-suite executives drawn from across ClimateWise’s global membership base. They commission impact research into ways the insurance industry can support the zero carbon, climate-resilient transition.
Insurance is among the industries most affected by climate change due to what it insures and invests in. Consequently, insurers are keen to mitigate the risks of climate change. While many organisations have worked voluntarily, both individually and in leadership groups, a more co-ordinated response is required across the financial system. This requires a combination of industry leadership supported by cutting-edge research and analysis.
The Council’s purpose is therefore to draw on the University of Cambridge and its partners’ expertise to help strengthen the industry's response and inform regulators, policymakers and other stakeholders on how to promote more systematic responses to climate change across the financial system.
The Council was established in 2016 and is currently led by chair Kevin O’Donnell, President and CEO, RenaissanceRe, with deputy chair John Scott, Head of Sustainability Risk, The Zurich Insurance group, and chair of the managing committee Lucy Stanbrough, Head of Emerging Risk Research, Willis Research Network.
For queries relating to the Council, please contact us.
Council members
Kevin O’DonnellPresident and CEO, RenaissanceRe“Climate change is one of the most complex challenges faced by the world and our business. The insurance and reinsurance industry plays an important role in managing climate risk while helping facilitate the transition to a lower carbon economy. Through ClimateWise, leaders across the industry can collaborate to strengthen our collective response to this important issue.”
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Lucy StanbroughHead of Emerging Risk Research, Willis Research Network“As Chair of the ClimateWise Managing Committee, I am delighted to support the membership in exploring shared challenges amongst peers for the benefit of a more resilient society. The transition towards a low-carbon economy is essential to tackle systemic risk, and the access to scientific insights and connections with academics and regulators that ClimateWise provides, creates a unique opportunity for the industry to collaborate on interconnected challenges. ”
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Ben WilsonDirector of Communications and Advocacy, Association of British Insurers (ABI)“There are few sectors that have as many levers to pull in the fight against climate change as the insurance industry. Whether that is as institutional investors, risk managers, through our supply chains or in helping society adapt. The ABI is proud to have been a founding member of ClimateWise and through the Advisory Council and our recent climate change roadmap, we are determined to play our part in galvanising the sector as we enter a crunch point for our planet.”
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Jason RichardsCountry President and CEO UK & Ireland, Swiss Re"The climate crisis is here. We simply must take action on the biggest threat confronting humanity. We need to work together as insurers and reinsurers and with all parties in the value chain, we need to share experiences, best practices and our risk knowledge. ClimateWise plays an important role here and I am delighted to have recently joined the Advisory Council"
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Rupert MooreCEO, Aon Reinsurance Solutions, UK“We have a huge opportunity as the insurance industry to bring capital, analytics and resources to accelerate the world’s race to net zero. I’m excited to join this powerful organisation to help drive the impact and build private-public relationships that will create global resilience.”
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Adam WinslowCEO UK & Ireland General Insurance, Aviva“Climate change is no longer a distant threat, and it is one that will impact right across our industry, from the increasing frequency and severity of weather events for properties we insure, to the requirement to underwrite the innovative technologies that are driving the green transition. Aviva is at the forefront of these changes and has also set the most ambitious targets for achieving a Net Zero position, and I hope that through working with ClimateWise we can accelerate the changes needed across the industry, the economy and society as a whole.”
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John NealCEO, Lloyd’s“As a market that supports millions of customers and communities around the world, and with a unique understanding of the impacts of climate change and the transition risk across multiple-sectors and geographies, Lloyd’s has an important role to play in driving action towards a sustainable future. The time to act is now, and I am proud to join the ClimateWise Insurance Advisory Council as we work together to accelerate progress towards a more resilient, net-zero economy.”
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