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The ClimateWise Insurance Advisory Council

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 chaired by Dominic Christian, Global Chairman Reinsurance Solutions at Aon.


For queries relating to the Council, please contact us.

 

Council members


 

Dominic ChristianDominic Christian

Global Chairman Reinsurance Solutions at Aon

“Aon has all too often seen the impact of weather-related events on individuals, families, communities and societies. Reinsurance plays a not inconsiderable part in mitigating the impact of Mother Nature, but still needs to do a better job in understanding more precisely the growing impact of climate change on clients across the Globe.”

 


 

Catlin  StephenStephen Catlin

Special Advisor to XL’s Chief Executive Officer, XL Group plc

“I hope my other roles as Chairman-elect of the International Insurance Society (IIS) and Chairman of the Insurance Development Forum (IDF) benefit the work of the Council as I can co-ordinate and align all organisations. I believe there is an urgent need to address the current misalignment between the need for sustainable investment activities, on the one hand, and a limiting regulatory environment on the other.”


 

Rowan DouglasRowan Douglas CBE

CEO for Capital, Science and Policy Practice, Willis Towers Watson

“There is growing recognition of the critical role that insurance and its related capabilities play: from science and modelling, to disaster reduction and humanitarian responses, to building national and community resilience. A particular opportunity is to help regulators and other authorities from outside re/insurance learn about the hard-won lessons, and the approach towards disclosure and risk management that our sector has developed over the last two decades, to see how this might be applied more widely.”


 

Jon DyeJon Dye

CEO, Allianz UK

“As an industry that is both highly sensitive to extreme weather and a major institutional investor, we have a responsibility to anticipate the risks of climate change, care for customers who have to deal with the inevitable changes and enable the transition to a low carbon society.”

 


 

Huw EvansHuw Evans

Director General, Association of British Insurers (ABI)

“The ClimateWise Council offers a great opportunity to deepen regulators’ understanding and engagement with climate change.”

 

 


 

James FewJames Few

Global Managing Director, Reinsurance, MS Amlin

"I am very interested in climate change as a physical geography graduate and career long property insurer and reinsurer. I believe that we have an obligation to take reasonable steps to look after our planet and that our companies share in that obligation. The MS&AD group cares about the environment and we are keen to see if we can be of help to the ClimateWise initiative." 

 


 

Charles FranksCharles Franks

Group CEO, Tokio Marine Kiln

“My interest in the Advisory Council is born of a belief that we all have a responsibility towards our planet, both in our business and personal lives. As an insurer we should look to deliver this responsibility through all the channels available to us.”

 


 

Alex HindsonAlex Hindson

Chief Risk Officer, ArgoGlobal

“ArgoGlobal has determined that climate change is a key enterprise risk. We will therefore benefit from access to the Council to understand the direction and trends on climate governance in the insurance industry.”

 


 

Mike Krefta

Mike Krefta

CEO, Hiscox Re and ILS

“Discussion of climate-related risk is rightly rising to the top of both the business and media agenda, and insurance has a tangible and practical role to play in the debate.  The industry expertise that the Insurance Advisory Council brings together will boost our collective thinking and response, and as someone who is incredibly passionate about the environment I am delighted to be involved.”


 

WilliamMcDonnellWilliam McDonnell

Chief Risk Officer, RSA Insurance

 

 

 


Sean McGovernSean McGovern

General Counsel, AXA XL

“At AXA XL we are committed to advancing knowledge of climate change, so that we can play our part in helping the world to become more resilient. I’m proud to be part of the ClimateWise Advisory Council, enabling our industry to come together to better tackle the impacts of such critical risks to our communities.” 

 


 

John Scott

Head of Sustainability Risk, Zurich Insurance plc

“Our commitment to the Climatewise Insurance Advisory Council, the Climate Risk Statement of the Geneva Association and through joining the Paris Pledge for Action, is to help policymakers fully understand the nature of climate change risks and identify opportunities to support system-wide responses to climate change.”

 


 

Patrick Tiernan

Patrick Tiernan

Managing Director, Aviva Global Corporate & Specialty

“Aviva and I are passionately committed to the prevention agenda for our customers and our communities, particularly in areas such as climate risk where we can play a leading global role on their behalf. The Council brings leadership focus and global expertise in risk management, modelling and data analytics to the challenge of building greater resilience into local and global systems to respond to climate change.”


 

stephen weinsteinSteve Weinstein

Group General Counsel and Chair, RenaissanceRe Risk Sciences Foundation, RenaissanceRe

“We believe strongly to address the rising risks of climate related natural disasters, and to close the insurance protection gap, governments, regulators, academics, private sector firms and other leaders must collaborate. I am honoured to join the Council and further RenaissanceRe’s commitment to fostering partnerships amongst the insurance sector, regulators and policymakers worldwide, and the climate and resiliency communities.”


 

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