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Insurers and businesses feel growing impact of ESG, says GILC

May 12, 2023

Gillian Davidson, Global Insurance Law Connect’s (GILC) Chair, highlighted the increasing importance of Environmental, Social, and Governance (ESG) considerations for insurers and the wider business community.

In the fifth edition of GILC’s annual ‘Risk Radar Report’, Davidson noted that ESG factors were significantly influencing the insurance industry, driven by new regulations and stakeholder activism, while also impacting the availability of coverage for directors, officers, financial institutions, and professional indemnity policies.

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