Brokers shy away from net zero targets
According to research by Ecclesiastical only 5% of regional brokers have set a net zero target, Insurance Age can reveal.
The survey discovered two in five (38%) national brokers had set the target, with the average across the pool of 250 UK brokers coming out at just one in five.
The UK government has committed to a target of net zero emissions across all industries by 2050.
The main barrier to setting a net zero target is brokers do not have the resource at the moment to focus on this (62%), the survey found.
Ecclesiastical listed further barriers as not knowing how to measure climate impact (29%) and not
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk
More on Insight
Biba 2025: Trade body launches national insurance broker advertising campaign
The British Insurance Brokers’ Association has launched a national advertising campaign to promote insurance brokers to SMEs.
Biba 2025: Biba welcomes FCA proposals on paring back insurance rules
The British Insurance Brokers’ Association has welcomed the Financial Conduct Authority consulting on stripping back the insurance rulebook.
Biba 2025 Countdown: Alps and Consilium Risk Solutions
It is the first morning of the British Insurance Brokers’ Association’s Conference and Matt Pini, managing partner of Consilium Risk Solutions, and Julian Tomlinson chairman of Alps, are the final pair to offer up their thoughts.
Biba 2025 Countdown: Pen Underwriting’s Sarah Breslin
With just a day to go until the Biba conference Sarah Breslin, managing director for commercial UK & Ireland at Pen Underwriting, is promising a big, bold and colourful stand from the MGA, with a hint of Minecraft as she relishes the chance to talk about all Pen can offer and do business.
Meet the MGA: Shape Underwriting
Mandy Hunt, managing director of Shape Underwriting, explains the logic behind rebranding the Clear MGA business; outlines its holistic approach to acquisitions; and pinpoints the importance of recruiting staff who understand collaboration, integrity and honesty.
Biba seeks insurer meetings after publishing disclosure advice
The British Insurance Brokers’ Association has launched cross industry guidance that it hopes will reduce misunderstandings over what should have been disclosed when cover was taken out - which in some cases will cause a claim to be repudiated or reduced.
Newbie News: CastleBridge Risk Solutions
CastleBridge Risk Solutions founders, Tim Grant and James Dunsby, tell Insurance Age how the business will focus on service, the importance of relationships, and all about its partnership with Cornerstone Finance Group and Imperial Chartered.
Interview: Duncan Pritchard, CEO of Commercial Express
Last year Commercial Express garnered extensive attention from the broker community with its slew of eye-catching product launches, CEO Duncan Pritchard tells Insurance Age about the growth of the business and what is coming next.