LMA announces the launch of its ESG Academy

The Lloyd’s Market Association (LMA) has announced the launch of its Environmental, Social and Governance (ESG) Academy, designed to educate professionals within the global re/insurance sector.

Lloyd’s Market Association (LMA) has announced the launch of its Environmental, Social and Governance (ESG) Academy, designed to educate professionals within the global re/insurance sector.

The academy offers a comprehensive array of courses, looking to equip professionals within the Lloyd’s market with the knowledge and tools necessary to navigate the evolving ESG landscape, risk management.

The course is delivered across three learning pathways, courses – accessible online, virtually and in-person – and is designed to equip re/insurance professionals at any level with a practical grounding in sustainability – and also includes courses for senior leaders seeking deeper knowledge on the subject.

Andrew Oakley, Head of LMA Academy, said: “The launch of the LMA ESG Academy is a testament to the LMA’s commitment to ensure the market is equipped to employ sustainable and responsible business practices.

“As the importance of ESG considerations continues to grow, professionals in the industry now have access to specialised ESG training sessions to stay ahead of the curve and drive positive change within their organisations.”

The LMA ESG Academy was developed in collaboration with market leading external ESG advisors including the Better Insurance Network. The solution is seen as a significant landmark on the insurance industry’s journey to become more sustainable amidst growing ESG concern from stakeholders.

Paul Davenport, LMA’s Finance & Risk Director, said: “The Academy underscores our dedication to fostering a culture of sustainability and responsible governance across the Lloyd’s market and the broader re/insurance sector.

“Our collaboration with market leading ESG advisors ensures that we are at the forefront of ESG education, empowering professionals with the skills required to keep pace with fast-moving regulation and industry best practices.”

Fiona Temple, LMA’s HR, Academy and Communications Director, added: “This initiative comes at a pivotal moment for sustainability on the world’s stage and within our industry.

“In an increasingly ESG-conscious marketplace, equipping our members with the knowledge they need to navigate the road ahead is our top priority – whether it is building practical foundations for sustainability and engagement, or gaining more in-depth insights on ESG reporting, disclosures and assurance.”

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