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LMG launches report highlighting role of insurance in advancing net zero projects

October 9, 2023

The London Market Group (LMG) unveiled a comprehensive report shedding light on the pivotal role that insurance plays in driving and sustaining net zero projects.

Targeting parliamentarians and key influencers, this report aims to underscore the significance of the London Market in facilitating the transition to a net-zero carbon world.

Sean McGovern, Chair of the LMG and CEO of AXA XL, UK & Lloyd’s, emphasised the essential role of insurance in the endeavour, stating, “The transition to a net zero world will affect our clients’ business models, product needs and risk characteristics. While people often talk about green finance as the main driver of these projects, insurance is a crucial but often overlooked partner.”

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