• Forums & Workshops
• Climate change

Join us IN PERSON for the second event in the 2022 iNED programme.

“How insurers are responding to climate change risk and regulatory requirements including; changes to the underwriting strategies, the TCFD framework and Net Zero”

Climate change risk and the regulatory expectations surrounding this are demanding ever increasing focus from insurance company boards and senior management. In this session Dorian Hicks and Phuong Gomard of Mazars and Meirion Board of QBE will explore this topic, including how businesses can address the following areas to inform and guide their journey:

• Regulatory backdrop
• How underwriting strategies are evolving including the impact of the Net-Zero Insurance Alliance (“NZIA”) • ESG – Risk or Opportunities [to also cover reputational and political risk]
• Task Force on Climate-related Financial Disclosures (TCFD):
      i Evolving market practice
      ii how businesses can use the TCFD framework to their advantage
• Net zero a practical example

Put simply, ‘net zero’ refers to the balance between the amount of greenhouse gas produced and the amount removed from the atmosphere.  We reach net zero when the amount we add is no more than the amount taken away.


LEARNING OBJECTIVES:

Following this forum delegates should, at a high level, be able to:

Identify the key risks, opportunities, and financial impacts arising from climate change

Incorporate these risks at a strategic level in the underwriting and investment strategy and through adoption of the TCFD framework

Summarise the broader regulatory landscape in the UK and internationally

Understand and categorise Scope 1, 2 & 3 emissions in order to support and develop your net zero strategy

This iNED Forum is open to insurance Non-executive Directors (iNEDS), aspiring iNEDS, Company Secretaries, Compliance staff and all those involved with corporate governance, underwriting, broking and risk management in the insurance sector.

There is no requirement for delegates to be members of the Worshipful Company of Insurers.

CPD HOURS:

This accredited iNED Forum qualifies for up to 1.5* CPD hours.

Delegates participating in the accredited iNED Forums, Workshops and Lectures can claim CPD hours towards the CII / Personal Finance Society member CPD scheme.

*excluding breaks
 

CONDITIONS:
 

Registration         
Delegates must register to attend this event in the usual way via the WCI website. In giving your consent to WCI to include your data in the delegate pack, we will assume that your consent extends, on this occasion, to sharing your name, job title, company name and email address with Lloyds and the speakers.

Cancellations and transfer of places
On the day of the event places at this Forum are non-transferable to any other person or event.

Lloyd's Registration & Security
All attendees must produce photo ID. Please have one of the following ready to show to Security:
- Lloyd's pass
- Driving licence
- Valid passport

For health, safety and security reasons it is imperative that all attendees register in advance for iNED events.  Please note that even delegates holding a security pass for the venue itself (e.g. a Lloyd’s pass) must stop by the iNED reception desk on the day both to confirm attendance and collect name badges.