Environmental, social and governance risks (ESG) are increasing and insurers are keenly aware of the need to address their impacts. Climate change is widely accepted as one of the key contributors to increasingly severe weather patterns around the globe. From the unusually high temperatures across Europe to the growing number of wildfires and severe storms in the U.S., insurers are seeing an increase in climate-related litigation and other risks. As insurers seek to reduce their carbon footprint and legal and coverage exposures, it will be important for the industry to take a more holistic approach to address these threats.
Steve Tagert is the North American environmental practice leader for Allianz, where he focuses on providing insurance solutions to help companies evaluate and protect against risks related to environmental damage. Tagert has more than 20 years of experience as an underwriter, manager and product specialist in the environmental insurance industry and discusses how the need for environmental impairment liability insurance has changed over the last several years in the latest Insurance Speak podcast.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Patricia L. Harman
Patricia L. Harman is the editor-in-chief of Claims magazine, a contributing editor to PropertyCasualty360.com, and chairs the annual America's Claims Event (ACE), which focuses on providing claims professionals with cutting-edge education and networking opportunities. She covers auto, property & casualty, workers' compensation, fraud, risk and cybersecurity, and is a frequent speaker at insurance industry events. Contact her at [email protected]
