IUA Circular 098/23

ESG Reporting for Insurance – Key Challenges and how to respond 

with guest speakers from KPMG:
Roger Jackson,  Chirag Shah, Gergana Tomova and  Konstantinos Akalestos  

This market Briefing will be: REMOTE ONLY

Event Date: 
Thursday 23 November 2023

Time:  2pm/14:00hrs for approx 90 mins (UK/London time) 

Subject:   At this market briefing, our guest speakers will highlight the growing ESG reporting requirements  and how insurers across the market are transforming to meet these demands. 
Contact:  Deborah FinchIUA Events Manager (020 7617 4451)

Click here  for dial in details 

This is a free event, but names and email addresses of all attendees are required for registration.  Please click here to register.

We understand that some attendees are unable to join our webinar's due to company restrictions for some applications on company computers.  Please note you can also connect and join with a mobile or tablet device.

Please adhere to on line etiquette during our presentations.  We kindly ask you to mute your microphone and video upon commencing the link and to use the Chat application for any questions, which will be addressed by the speaker at the end of the presentation. We suggest dialling in at least 5 mins before the start of the webinar.

Please note that any recording of this session will be available post-event on the IUA's You Tube channel, subject to speaker authorisation and technical quality. 

Registration links will close the day before the date of the event for logistics/preparation or, if and in-person only event is fully booked.
Sustainability poses a pervasive challenge for all financial services firms, with a number of unique risks and opportunities arising for the insurance industry. A key element of this is the increased measurement of and regulatory expectations around environmental, social and governance (‘ESG’) factors, required by insurers.

At this market briefing, our guest speakers will highlight the growing ESG reporting requirements  and how insurers across the market are transforming to meet these demands.
During this presentation, our speakers will include the following topics: 

- An overview of the ESG insurance regulatory roadmap including the Corporate Sustainability Reporting Directive (CSRD) and the International Sustainability Standards Board (ISSB) IFRS Sustainability Disclosure Taxonomy. 
- Detail on insurance specific ESG challenges on both the underwriting and asset side, such insured emissions and emissions related to investments.
- How insurers are transforming to meet these requirements across controls, assurance, operating models, technology and data. 
- A high level overview of the typical ESG reporting journey for an insurer.

There will be ample opportunity for delegates to ask questions to our panel.


Roger Jackson
- Roger is KPMG’s global insurance ESG lead with over 30 years’ experience in the insurance sector. Rodger is a qualified actuary with extensive insurance and consulting experience, within both personal and commercial lines. 

Chirag Shah – Chirag is KPMG UK’s insurance lead for ESG reporting transformation., Chirag has experience of design and delivering ESG reporting solutions for various FTSE 100 clients. 

Gergana Tomova - Gergana has over 5 years of regulatory, policy and ESG experience within FS. She has provided ESG reporting and strategy advisory services to a variety of FS companies, including banks, insurers, asset management companies. Prior to joining KPMG Gergana was part of the FCA’s ESG Strategy and Coordination division.

Konstantinos Akalestos – Kostis is a partner in KPMG’s Finance Transformation practice with over 15 years of experience in delivering Finance Systems projects. He is an experienced data & systems architect and has been leading the design and delivery of ESG and regulatory reporting projects across the Globe.

DISCLAIMER: The market briefing presentation materials and speaker comments therein were prepared solely by the presenter(s) in their personal and professional capacity. Any materials or opinions expressed do not necessarily represent the views of the IUA and IUA does not bear any responsibility for, or liability to, any parties in respect of the accuracy, legality or overall content of the presentation or any other comments made by speakers or other attendees during the market briefing.
As a member of the CPD (Continuing Personal or Professional Development) Certification Service the IUA is committed to providing high quality training activities. Our market briefing events are certified as being suitable for CPD purposes. To obtain a self assessment form for any particular event please email Deborah Finch. These forms will be issued after each individual event upon request. 

Anti-Trust Statement: It is the clear and unequivocal policy of IUA to comply in all respects with all applicable competition or antitrust laws. Consequently, IUA Market Briefing Attendees will not participate in any practice that would have the object or effect of restricting competition, nor will IUA provide a forum to promote anti-competitive conduct. In particular, any discussion or agreement on key commercial terms, such as commercial premiums, is likely in all instances to be unlawful and must be avoided. A competition law ‘Do’s and Don’ts’ guide is available and the IUA is happy to answer any questions on competition law that  attendees may have.