Insurance Overview
Insurance companies supply services to a wide variety of customers, from everyday consumers to large corporations.
But do they have guidelines or policies as to who they will and won't insure? Do green and ethical considerations feature in insurance companies' risk assessments?
Might they, for example, offer coverage to munitions factories or companies with significant operations in countries with oppressive regimes? Or might they insure others with poor labour or environmental records?
Green and ethical insurance products
Green and ethical insurance products
For home, motor, travel, life and health insurance, there is a small but growing number of green and ethical insurance products available. A selection is below:
- Co-operative Insurance
Insurance type: home, motor, life and health
This provider has a comprehensive ethical engagement policy in place that governs all its insurance decisions. The Co-op's 'ecoinsurance' scheme offers cash incentives as well as environmental pledges. It offsets the equivalent of 20 per cent of the CO2 from every vehicle insured and also offers premium discounts for greener cars. - Climate Sure
Insurance type: travel
Climate Sure calculates the CO2 produced by flying overseas and pays for it to be 'offset' by funding sustainable energy projects. - Green Insurance Company
Insurance type: motor
This provider aims to offset your car's carbon emissions and offers discounts on greener cars/lower mileage. - Naturesave
Insurance types: home, travel, personal accident and illness
This company puts 10% of its personal insurance premiums in a fund (Naturesave Trust) to benefit environmental and conservation projects. It also offers a free environmental performance review for commercial clients and aims to use suppliers that support sustainable business practices. - Ansvar Insurance Co Ltd
Insurance types: home, motor, travel
Insurance is sold to individuals and organisations with a not-for-profit remit.
Your next steps
What do you do now? Check out our guide Next Steps - Insurance for suggestions on how to give your insurance policies a green and ethical makeover as well as the questions you should be asking your current or prospective insurance provider.
Insurance Search
Insurance Provider
Churchill Insurance
Green/Ethical Products
No evidence of specifically green or ethical products found.
Ethical Lending or Insurance
No evidence of an ethical insurance policy found for Churchill Insurance.
Human Rights
No policy was found to indicate that Churchill Insurance avoids lending to or insuring companies that directly contribute to human rights violations.
However, Churchill Insurance’s parent company, Direct Line Group, has a policy covering its relationship with suppliers. It’s Ethical Code for Suppliers states that it expects suppliers to adhere to the core International Labour Organization (ILO) standards, which ban the use of child labour and compulsory/bonded labour whilst protecting their right to non-discrimination.
No evidence found that the company has any systems in place to monitor the applicability of such a policy.
Financial Exclusion
No evidence of any accounts, products or services aimed specifically at the financially excluded.
No evidence that the company provides direct financial support to or engages in partnerships with Credit Unions and CDFIs (Community Development Finance Institutions).
Churchill Insurance’s website has been designed to the accessibility guidelines detailed by the Web Content Accessibility Guidelines (WCAG) set by the World Wide Web Consortium (W3C) as part of their Web Accessibility Initiative.
No evidence found of Churchill Insurance’s involvement in any microfinance projects.
No evidence found that the company invests in or lends at lower rates to financially excluded communities.
Environment
According to its website, the Direct Line Group’s environmental policy covers the key areas of climate change, energy efficiency, water use and waste management.
The company appears to be committed to continued improvement of its environmental performance.
Direct Line Group aims to reduce its carbon footprint by improving energy efficiency within its facilities, minimising travel, encouraging change from employees, undertaking water and waste audits, encouraging reduction in car travel through improved travel planning, increased recycling initiatives and utilizing recycled paper.
Carbon Neutral
No commitment to become fully carbon neutral was found.
Equal Opportunities
No information found on the company’s diversity policy.
Women on the Board
3/9 women hold top level board positions (33.3%)
Voluntary Standards & Initiatives
Direct Line Group is a member of ClimateWise, the global insurance industry initiative driving action on climate risk.
Charitable Giving
Direct Line Group donated £48,000 through its Community Cashback scheme, whereby employees are able to apply for an annual award of £250 for the charity of their choice.
The Group donated £112,000 through its payroll giving scheme, whereby the company by matching employee donations of up to £50 per month.
Churchill Insurance
- Insurance (Car, Home, Travel, Pet, Breakdown, Van, Motorbike, Life)
Churchill Insurance
Churchill Insurance
The Wharf
Neville Street
Leeds
LS1 4AZBR1 1DP
