Suche
Mein Konto
Sustainability in insurance: The best providers in the Native ranking 2023
According to a report by utopia.de, the Native rating assessed the sustainability of property insurance. This year's results show a positive trend, although the winner is still far from the best. Insurance companies were examined for their sustainability using over 300 indicators and were given a rating of 0 to 100 percent. In the new ranking, Allianz takes first place and, with 52 percent, is the first insurance provider to ever pass the 50 percent hurdle. Another six providers were able to achieve the Native seal in silver, while eight more received the bronze seal. The impact of this assessment can be felt in different areas. For the …
Sustainability in insurance: The best providers in the Native ranking 2023
According to a report by utopia.de, the Native rating assessed the sustainability of property insurance. This year's results show a positive trend, although the winner is still far from the best. Insurance companies were examined for their sustainability using over 300 indicators and were given a rating of 0 to 100 percent. In the new ranking, Allianz takes first place and, with 52 percent, is the first insurance provider to ever pass the 50 percent hurdle. Another six providers were able to achieve the Native seal in silver, while eight more received the bronze seal.
The impact of this assessment can be felt in different areas. For the property insurance market, the native rating results in increased competition for more sustainable offers. Consumers become aware of the most sustainable insurance policies and can make their purchasing decisions accordingly. This could lead to an increased flow of customers to the better-rated providers. For the entire industry, this is a signal that sustainability is becoming increasingly important and that a corresponding rethink is required.
Allianz, as the front runner in the native ranking, could benefit from this positive image. By increasing its sustainability rating from 33 to 52 percent in just one and a half years, the company is demonstrating a significant transformation towards sustainability. This could both retain existing customers and attract new customers looking for more sustainable insurance options.
However, it should be noted that the native rating only reflects part of the insurance industry. Other insurance companies could potentially do better but were not analyzed. In the future, higher award thresholds could be set to raise the bar for sustainable insurance.
Overall, the Native rating shows that sustainability is playing an increasingly important role in the insurance industry. Insurance companies are encouraged to increase their sustainability efforts to meet increasing consumer demands and expectations.
Source: According to a report by utopia.de
Read the source article at utopia.de