Large insurance brokers are dabbling in measuring corporate policyholders’ environmental, social and governance performance, hoping to generate business with possibly more competitive pricing.
Marsh & McLennan Co. and Willis Towers Watson plc (WTW)—which act as intermediaries between insurance underwriters or carriers and their customers—have begun assigning their own ESG scores to corporate clients that are seeking to lower their directors & officers (D&O) insurance premiums.
The brokers’ efforts are nascent, and no data exist on whether companies are getting premium discounts for having nabbed positive ESG scores. And plenty of skeptics shrug off the idea that brokers’ scores will be ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.