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
Think Money
Green/Ethical Products
- thinkmoney Bad Credit Account
- thinkmoney Basic Account
- thinkmoney Bankrupt Account
- thinkmoney IVA Bank Account
- thinkmoney Personal Account available to all regardless of income; no credit check required; and available to undischarged bankrupts.
Ethical Lending or Insurance
Not applicable. Think Money does not offer commercial lending or insurance services.
Human Rights
Not applicable. Think Money does not offer commercial lending or insurance services.
Financial Exclusion
thinkmoney offers the following products, accounts or services to the financially excluded:
- thinkmoney Bad Credit Account
- thinkmoney Basic Account
- thinkmoney Bankrupt Account
- thinkmoney IVA Bank Account
All of thinkmoney's products and services are designed for customers who are typically excluded by mainstream financial providers. In addition, thinkmoney offes a full range of debt solutions including the Debt Relief Order and, in Scotland, LILA (access to bankruptcy).
No evidence that the company provides direct financial support to or engages in partnerships with Credit Unions and CDFIs (Community Development Finance Institutions).
No evidence found of Think Money’s involvement in any microfinance or microinsurance projects.
No evidence found that Think Money invests in or lends at lower rates to financially excluded communities.
Environment
No evidence of an environmental policy found for Think Money.
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
No information available.
Voluntary Standards & Initiatives
No membership of any relevant initiatives found.
Charitable Giving
Think Money Group supports Jubilee Action, a charity helping vulnerable children and working with Fair Children / Youth Foundation in Musanze, Rwanda.
Think Money Group also supports two local schools near their offices, including providing work placements for pupils from the High School.
Think Money
- Current accounts
- Mortgages
- Insurance (Home, Life, Gadget)
Think Money
Think Banking
Pennington House
Carolina Way
South Langworthy Road
Salford Quays
M50 2ZY
