EXCLUSIVE: Insurance industry to provide greater support to low carbon sector
In the coming years the insurance industry will provide greater support to the clean tech, low carbon sector by creating products that will widen the market, says Aviva's Zelda Bentham.
Benefiting from this, low carbon businesses producing clean tech specific products will see an increase in newly created insurance products, providing more certainty to the industry and investors.
“I think our industry will create products which will provide greater support to clean tech/low carbon sector specific products and we will also see much greater recognition, by public policy makers, of the societal benefits insurance provides at times of weather events, health provision and sickness, retirement and death,” said Aviva’s head of environment and climate change, Zelda Bentham.
Bentham said that if the clean tech revolution is driven by competition, there is a possibility the planet could significantly reduce the impact climate change.
© Faversham House Ltd 2022 edie news articles may be copied or forwarded for individual use only. No other reproduction or distribution is permitted without prior written consent.