Welcome to the world’s insurance market

There is no Planet B

The London insurance market has a unique role in helping society tackle the risk of climate change and businesses embrace the goal of Net Zero. Here we bring together examples of the market’s thinking and solutions.

• A product of
  the Sustainable
  Markets Initiative Climate changeTransport

  Ascot – Parsyl Syndicate 1796 Parametric temperature sensitive cargo insurance

  Synopsis

  This year Parsyl was named a "Top Green Provider" by Food Logistics Magazine, an award that acknowledges companies for exemplary leadership that enhances sustainability within the cold food and beverage industry.

• A product of
  the Sustainable
  Markets Initiative Climate changeDecarbonisation

  Marsh – Late life assets decommissioning insurance

  Synopsis

  As the world transitions to a net-zero economy many assets in oil and gas or hard-to-abate sectors will be decommissioned.

• A product of
  the Sustainable
  Markets Initiative Climate changeRenewable Energy

  Nardac – Community solar project

  Synopsis

  Nardac have developed an insurtech solution for small-scale solar photovoltaic projects with values up to USD 20 million.

• A product of
  the Sustainable
  Markets Initiative Climate changeEnergy

  AIG – Hydrogen insurance

  Synopsis

  Hydrogen is anticipated to play an increasing role in the energy transition towards a low-carbon economy. Due to its chemical properties, hydrogen offers an enormous potential as a climate-neutral energy carrier.