Marsh, a global insurance broker and risk advisor, has partnered with specialist insurer Beazley to incentivise environmental, social, and governance (ESG) excellence in the construction sector.
The collaboration offers construction contractors access to additional professional indemnity (PI) cover based on their Environmental, Social, and Governance (ESG) performance.
The initiative stems from Marsh’s ESG Risk Rating (ERR), an assessment tool launched in March 2022. ERR evaluates organisations’ ESG performance, measuring their sustainability and climate-related risks against more than 10 internationally recognised standards and frameworks.
