Marsh LLC said on Thursday that the London market arms of American International Group Inc., Berkshire Hathaway Specialty Insurance, Sompo International, Starr Insurance Cos., Hartford Financial Services Group Inc. and Zurich Insurance Group are participating in its ESG initiative for directors and civil servants’ liability insurance .
The initiative, launched last year, draws attention to US-based customers with superior environmental, social and governance frameworks.
Marsh also said they have introduced various coverage improvements, including a “Side D” unit coverage for costs of regulatory investigations related to climate-related financial disclosures within its London insurance-backed Delta D&O facility.
Only non-US-listed clients who receive high ratings using various ESG metrics, including Marsh̵7;s ESG risk assessment tool, are eligible for coverage, Marsh said.
An additional reintroduction of policy limits under Marsh’s “Page A” difference in condition coverage, provided by its Lloyd’s of London-backed Alpha D&O facility, will also be available to customers globally with high ESG scores.