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Marsh, the world’s leading insurance broker and risk advisor, today announced that specialist insurer Beazley is to offer clients that opt in to Marsh’s Environmental, Social, and Governance (ESG) Risk Rating (ERR), global access to additional capacity through its Lloyd’s of London Syndicate 4321, subject to the ERR score meeting Beazley’s threshold.
Marsh, the world’s leading insurance broker and risk advisor, today announced the launch of its Environmental, Social, and Governance (ESG) Risk Rating, an assessment tool that can measure an organization’s ESG performance, enabling them to improve their ESG risks, and gain access to additional insurance market capacity.
Climate risks dominate global concerns as the world enters the third year of the pandemic. According to the Global Risks Report 2022, while the top long-term risks relate to climate, the top shorter-term global concerns include societal divides, livelihood crises and mental health deterioration.