The climate group Insure our Future confirmed on Monday that it has sent a letter to Marsh LLC urging it to stop acting as a broker for an African pipeline project and has asked the CEOs of Aon PLC, Arthur J. Gallagher & Co. and Willis Towers Watson PLC to clarify their positions.
In a February 8 email sent to Marsh CEO Martin South, Insure Our Future called on him to make a “clear public statement that, taking into account the available evidence, Marsh will no longer continue to provide insurance brokerage services for the East African crude.” Oil pipeline project.”
In separate emails dated February 8, the climate group also asked the CEOs of Aon, Gallagher and WTW to make clear public statements that they will not offer insurance brokerage services for the EACOP project.
EACOP is “more than just another massively destructive oil pipeline, it is by now an iconic test of climate, governance and politics,”; the climate group said in its letter to Marsh.
Reinsurers Hannover Re SE, Munich Reinsurance Co., Scor SE and Swiss Re, and many leading insurance companies, including Allianz SE, Assicurazioni Generali SpA, Axa SA, Talanx AG and Zurich Insurance Group Ltd. is among at least 22 reinsurers and insurers that have already declined to provide reinsurance or insurance to the pipeline project, Insure our Future said.
The letters follow a complaint filed on February 7 by Uganda and US-based human rights groups alleging that Marsh is violating OECD guidelines for multinational enterprises by acting as an insurance broker for EACOP.
Marsh declined to comment on the complaint, citing its longstanding policy of not confirming clients’ identities.
The complaint should serve as “a wake-up call to all insurance brokers,” Insure Our Future said in a statement.