Insurance solutions with ESG components

•  Products aimed at targeted clients/events: including products dedicated to the young, the elderly, the disabled, the immigrants, the unemployed, aimed at covering professional disabilities, or supporting and fostering social inclusion; products that promote a more prosperous and stable society, with particular attention to small and medium-sized enterprises and people involved in voluntary work; products with high social security or microinsurance content.
• Products promoting responsible behaviours: products that promote responsible and healthy lifestyles, leveraging on the opportunities provided by new technologies, the importance of preventive healthcare or other virtuous behaviours of policyholders.
• Health products providing pay-out or services: products that supplement the public health service, designed to help manage the costs of treatment and assistance, as well as the reduction in earnings of customers in the event of serious illnesses or the loss of self-sufficiency.

In 2022, premiums of €17,449 million were collected from insurance solutions with ESG components – social sphere, with a growth of 11.5% compared to 2021.

• Mobility: products designed for mobility with reduced environmental impact, including products for electric and hybrid vehicles, or products rewarding low annual mileage and responsible driving behaviour;
• Energy efficiency: products that support the energy efficiency of buildings, for which we also provide consultancy to customers, to identify possible solutions for optimizing energy consumption in homes;
• Renewable energies: products covering risks connected with the production of renewable energies. These kinds of products are designed to cover equipment for the production of renewable energy, to guarantee reimbursement of damage caused by atmospheric events to solar and photovoltaic panels, or similar systems, which can be integrated with guarantees to protect against loss of profit deriving from the interruption or decrease of the production of electricity;
• Risk reduction: products specifically designed to cover catastrophe risks or specific environmental damage.
• Pollution liability/Own damages: anti-pollution products, such as third-party liability policies for pollution, which provide reimbursement of expenses for urgent and temporary interventions aimed at preventing or limiting the recoverable damage;
• Circular economy: products to support companies dealing with materials recovery/recycling, products for start-ups that manage shared services platforms, etc.

In 2022, premiums of €2,419 million were collected from Insurance Solutions with ESG Components – Environmental Sphere, with an increase of 14% in comparison to 2021.