Argenta Syndicate Management Limited (ASML), a prominent player in the insurance sector, has made a strategic move by choosing Moody’s ESG (Environmental, Social, and Governance) insurance underwriting solution.
This move aligns with their commitment to achieving net-zero emissions and demonstrates their dedication to responsible underwriting practices.
The introduction of Moody’s ESG insurance underwriting solution is driven by ASML’s desire to address the pressing issues of carbon emissions and ESG-related risks and opportunities in their underwriting and investment portfolio.
This innovative solution allows them to navigate the evolving landscape of sustainability and make informed decisions to benefit their clients and partners.
ASML is a subsidiary of Argenta Holdings Limited, a key player in the insurance industry. ASML specialises in underwriting and managing insurance portfolios. With a focus on responsible and sustainable practices, they are committed to delivering value to their clients and partners.
Moody’s ESG insurance underwriting solution empowers ASML with advanced name-matching algorithms, extensive sustainability data, and comprehensive financial insights. This robust toolkit enables them to assess carbon emissions and various ESG-related risks and opportunities. By integrating this information, ASML can make more informed underwriting and investment decisions that align with their sustainability goals.
This strategic partnership with Moody’s will position ASML to effectively address current and future sustainability challenges. It will enable ASML’s stakeholders, including employees and partners, to gain a deeper understanding of how they can contribute to positive change.
By leveraging Moody’s leading solution, ASML is prepared to navigate the complexities of sustainability in their underwriting and investment portfolio decision-making processes.
Nick Moore, CEO of Argenta Holdings Limited, highlighted the importance of this move, stating, “Identifying, analysing and integrating information about ESG risks and opportunities enhances our ability to make better underwriting and investment decisions and pursue better outcomes for our clients and partners.
“Through Moody’s leading solution, we will be strongly positioned to navigate current and future sustainability challenges by ensuring our people and partners understand how we can all make a difference. We look forward to working with Moody’s across our underwriting and investment portfolio decision-making processes.”
Paul McCarney, Senior Director of Product Strategy at Moody’s Analytics, expressed enthusiasm about the collaboration, saying, “Insurers face a myriad of challenges from the physical effects of climate change, the transition to a low-carbon economy and other sustainability issues.
“We are delighted that Argenta will leverage the full breadth and depth of our ESG, climate and financial data, models and analytics to decode risks and unlock opportunities in their underwriting and investment portfolio.”
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