Helping insurers navigate the
sustainability solution landscape

Better Insurance Network has developed a unique, industry-leading sustainablity e-learning programme to upskill teams of insurance professionals with knowledge to inform decision-making in a changing world.

We are also partnering with D A Carlin & Company to deliver executive-level training sessions to help insurance leaders navigate regulatory, strategic and underwriting challenges in this fast-changing environment.

Our emissions calculation partner does more than quantifying emissions – they support insurers at every stage of the carbon management journey, from audit-grade emissions reporting to verified reductions and employee engagement.

Trusted by numerous leading insurers, their software streamlines carbon data management through AI-powered dataset cleansing and decarbonisation modelling, while dedicated experts act as an extension of your in-house sustainability function, handling complex inputs to save time and ensure methodological rigour.

They deliver audit-grade strategy and reporting aligned with the GHG Protocol, ISO 14064, SBTi, CDP, and TPT frameworks. Above all, they go further by supporting clients to drive long-term engagement and measurable change. 

Strategic benefits/use cases for insurers

• Improvement of carbon accounting processes (specifically Scope 3)
• Regulatory reporting (CSRD, VSME, SRS, ESOS, TPT, SECR, BMA, SEC, Climate Corporate Data Accountability Act, many more)
• General voluntary/non-financial reporting (EcoVadis, CDP, ISSB, IFRS, TCFD) 
• Procurement-based reporting
• Public and shareholder reporting across measurement, reduction, nature & offsetting
• Science-based target validation
• Supply chain engagement strategies
• Internal carbon reduction/transition planning
• Implementation of carbon reduction/Net Zero strategies including Capex and Opex modelling
• High-quality carbon offset/nature project procurement
• Included employee engagement tools for each team member

Testimonial from a leading global insurer:

Our Partner has the intellectual property and expertise that has helped us to vastly increase the quality and integrity of our emissions data and resultant carbon reduction planning… The team do a lot more than provide software, they are an active part of our sustainability team. They have been instrumental in embedding carbon emissions data collection in our processes and helping identify our critical internal stakeholders who contribute to our sustainability endeavours. This is a learning and evolution journey for us all, and they have been there with us, guiding and learning with us along the way.

Independent assurance is more critical today than ever. Our verification partner’s experts are here to help you turn your verified GHG Emissions data into a business advantage.

Aligned with PCAF, our partner verifies the accuracy, completeness, reliability and impartiality of the information in your GHG Statement. 

Make your carbon claims credible through independent accredited verification to international carbon standards such as ISO 14064 or the Greenhouse Gas Protocol.

Our carbon offset partner works closely with insurers to execute the most appropriate high-impact carbon offsets.

They provide tailored, diversified portfolios of carbon credits aligned to your specific requirements and timeframes. With global reach across multiple credit types, they develop solutions to match your needs – from long-term portfolios for residual emissions after your Net Zero year, to diversified portfolios of credits to use today.

Crucially, their accounting approach enables insurers to reposition carbon credits as balance sheet assets rather than necessary expenses.

From project site visits to strategy review sessions, portfolio design workshops and end-of-the-phone support, our Partner is with you every step of the way.

Quantifying the cost of adaptation actions versus inaction and pricing this into policies is arguably the Holy Grail for incentivising resilience among policyholders. BIN is excited to partner with an Insurtech that has developed a global underwriting API Solution that does exactly this.

It enables insurers to send property address (or lat/lon) and insured value information for any location in the world and receive back 350 data points on current and predicted climate change extremes predictions (2025-2100) for key perils including: river flood, surface water flood, coastal flood, wind, wildfire, subsidence, sea level rise, and extreme temperature. 

The platform returns both the hazard and predicted loss for the 100-year risk as well as the potential impact a range of climate adaptation measures could have. All scenarios are IPCC accredited.

Benefits to insurers

• Quantify global climate risk/losses for property underwriting risk selection/pricing with extreme granularity (model resolution up to 5m x 5m)
• Quantify ground-up damage with and without climate adaptation measures
• Calculate the cost of premium breaks/discounts based on homeowner resilience or property retrofitting

User story

An underwriter insures a property in a region susceptible to extreme hail (>2cm) events and has witnessed increasing losses to nearby roofs. However, the property has installed a new hail-resistant shingle roof.

• The underwriter sends the location and property value estimation to the Solution via API.
• This returns back 350 data metrics, including hazard information and the average annual loss (AAL) information expected with/without a hail resistant shingle roof.
• The underwriter offers the client a discount based on their proactive resilient roof structure.

Proof of concept trials

Our Partner has developed an API Solution specifically for the insurance market. Exclusive to BIN, our Partner can offer low-cost proof of concept trials as part of the collaboration.

Our Climate Policy Partner’s platform leverages AI to deliver tailored, real-time insights that help insurers:

Stay ahead of policy changes

The platform delivers tailored and timely insights on climate policies most relevant to your business, cutting through the noise to deliver actionable intelligence;

Understand policy risks and opportunities

Our partner produces granular, quantified insights to quickly help you understand how climate policies impact your operations across jurisdictions;

Take decisive actions

They recommend the best actions to take to mitigate policy risks or capture opportunities.

Looking to recruit high quality talent or to make your next career move? Better Insurance Network offers a simple careers match-making service.

If you’re looking for a new role, simply submit your CV and a short description of the type of positons you’re open to at the link below.

If you have a vacancy coming up, or want to see what talent is available, share your requirements and we will introduce you to candidates we feel fit the bill, at a fraction of the cost of traditional recruitment agencies (upon placement).