The insurance sector plays a key role towards a sustainable transformation of the economy, covering two main functions: as investors, insurers may redirect public and private investments through their investment strategies, and as providers of protection and risk managers, they may positively impact the transition through their underwriting policies and product design.
Insurance entities must be fully aware of this pivotal role they play for the success of the transition. They are pressured by both the public opinion and their customers, and by a complex and intertwined evolving regulatory framework, to integrate sustainability into their strategy and operations.
Integrating the sustainability (ESG – Environmental, Social, Governance) factors into the insurance business generates major strategic, business, organizational impacts. A clear view on what risks and opportunities for insurers are, together with a focus on the Key Functions’ role evolution might help in better understanding these implications.

The session is open to all professional interested in understanding what sustainability factors mean for the insurance sector.

Benchmarks on investment and non-life sustainable products, on sustainable governance, on sustainability reporting, on risk management approaches to ESG risks management as well as a wider focus on Key Functions role, makes the session potentially interesting for a wide range of professionals working in the Actuarial, Risk Management, Compliance, Internal Audit, Finance and Investment departments.

Technical Requirements
Please check with your IT department if your firewall and computer settings support web session participation (the programme Zoom will be used for this online training). Please also make sure that you are joining the web session with a stable internet connection.

Often, sustainability-related topics referred to insurers are approached with a narrow focus on specific aspects (such as scenario analyses, etc.). The objective of this session is rather to provide a comprehensive understanding of the concrete implications of what the integration of sustainability factors means for the insurance industry and the organizations as a whole, also with a forward-looking perspective in order to anticipate upcoming trends and regulations.

The language of the web session will be English.

Giammaria Famiglietti
Giammaria is a Principal at Oliver Wyman since 2020, leading the Actuarial practice in Italy. He is leading for Sustainability for OW Actuarial Europe.
Before joining OW, he worked for the Italian Insurance Association (ANIA), for Allianz headquarter in Munich and for some of the Big4 in the field of risk management, regulatory compliance and reporting, with a specific focus on the integration of the sustainability factors within the insurance sector.
Giammaria is a lecturer at the SOA (the US Society of Actuaries) on insurance-related sustainability matters, at University of Pisa, in European and global public events. He also holds top management training for leading insurance players in Italy and in Europe.

Mattia Terenzi
Mattia Terenzi is a Manager in Oliver Wyman’s Actuarial Services practice, located in Milan.
Mattia has 5-year experience within the insurance sector. He has joined OW after gaining 4 years expertise in the insurance sectors with other consulting firms (including Big4).
He specializes in supporting insurance entities in the areas of Risk Management, Sustainability, Regulatory Compliance, Data Quality and Reporting.

Anna Savino
Anna Savino is a Manager at Oliver Wyman Actuarial Services, located in Milan. She started her career working for Marsh Italia, an international insurance broker, where she consolidated her expertise in non-life underwriting. Anna joined Oliver Wyman after an experience in a consulting firm specializing in the implementation of IDD-compliant distribution solutions for insurance and bancassurance operators.
She specializes in supporting insurance entities in the areas of Underwriting, Sustainability, Distribution, Regulatory Compliance and Data Quality.