We are delighted to announce that Canopius, a leading global specialty (re)insurer, has selected Moody’s ESG Underwriting solution to support the integration of ESG risk assessment into its underwriting framework.
Adding another specialty P&C insurer to our growing list of clients for the new ESG underwriting solution is an affirmation of its unique capabilities to help insurers integrate ESG into their underwriting and portfolio management.
Paul Wilkinson, Head of Risk Strategy & Analytics, Canopius said “We are developing our strategies to address the ESG challenges ahead, so it is important for us to get the right informed approach for our business. Partnering with Moody’s allows us to leverage their market leading ESG scoring coverage for our insureds, which is a key step in enabling us to incorporate ESG factors into our underwriting framework as we continue to support and work with our clients.”
Adhiraj Maitra, Group Head of Sustainability, Canopius adds “We expect that Moody’s ESG and risk modelling solution will support our view of ESG risks, in particular Social and Governance, for factors that are aligned with our own strategy and important to Canopius as an organisation. Enhancing data analytics is an important step to improving our knowledge of the landscape and help us better engage with and support our clients, which are key tenets of our sustainability strategy. “
Additionally, RMS is expanding the capabilities of ExposureIQ to include our ESG scores and indicators, unifying portfolio exposure analytics into one application and helping clients to better understand the ESG performance of their portfolios.