Principles for Sustainable Insurance (PSI) Market Event Europe – Luxembourg – Agenda

Butch Bacani
Programme Leader at UN Environment’s Principles for Sustainable Insurance Initiative

Butch Bacani leads UN Environment’s Principles for Sustainable Insurance Initiative (PSI), the largest collaborative initiative between the UN and the insurance industry. Endorsed by the UN Secretary-General and insurance industry CEOs, the PSI serves as a global framework for the insurance industry to address environmental, social and governance issues as risk managers, insurers and investors—and a global initiative to strengthen the industry’s contribution to building resilient, inclusive and sustainable communities and economies. Developed by UN Environment’s Finance Initiative, the PSI was launched at the 2012 UN Conference on Sustainable Development.

Butch leads PSI activities supporting global policy frameworks such as the UN Sustainable Development Goals, Paris Agreement on Climate Change, and Sendai Framework for Disaster Risk Reduction, as well as the Financial Stability Board’s climate risk disclosure recommendations. He forged the largest collaboration between the insurance industry and cities, wrote the Insurance Industry Development Goals for Cities, forged the PSI’s partnership with the world’s microinsurance community, and co-led the creation of UN Environment’s Sustainable Insurance Forum for regulators. Butch is involved in the UN Secretary-General’s Climate Resilience Initiative, G7 and G20-backed InsuResilience Global Partnership, and Vulnerable 20 Group of Ministers of Finance.

Butch led the global research, consultation and drafting process that created the PSI in 2012, and UN Environment’s insurance and investment programmes from 2006 to 2010, including activities with the Principles for Responsible Investment. He has shaped global insurance industry commitments to address climate change, disaster risks, tobacco risks and illegal fishing; and to protect World Heritage Sites. Butch has authored or contributed to pioneering studies, including the first sustainable insurance study; first global sustainability survey of the insurance industry; first global insurance industry survey of cities, SMEs and climate risks; and a legal roadmap on fiduciary duty and responsible investment. Before the UN, he was in the insurance industry for over a decade, working with leading insurers and reinsurers worldwide.

Chip Cunliffe
Director of Sustainable Development, AXA XL

Chip established and manages AXA’s Ocean Risk Initiative which works to identify innovative insurance and finance solutions to the impacts and implications of ocean-related risk.

Alongside key partners, he has led the development of the Ocean Risk and Resilience Action Alliance launched at the recent UN Climate Action Summit in New York to incentivise private investment and blended finance into coastal natural capital by pioneering ground-breaking products that help build resilience and address ocean-related risks.

Chip led and co-hosted the first Ocean Risk Summit in May 2018 and is developing an Ocean Risk Index to better model the impact of degraded coastal ecosystems with the increased risks from climate change.

2009 – 2016, Chip managed three major ocean science expeditions focused on Arctic sea-ice loss, coral reef health and deep ocean resilience.

In 2012 he launched AXA’s Oceans Education program – a curriculum-led syllabus for students aged between 7-16, designed to increase ocean literacy around the world.

Philipp Hasenmüller
Senior Consultant for Corporate Responsibility, Munich Re

Dr. Philipp Hasenmüller is Senior Consultant for Corporate Responsibility at Munich Re.

He graduated in business administration and earned a master’s degree in environmental sciences as well as a doctorate in the field of sustainability management. From 2004 until 2009 he worked as a research associate for the Centre for Sustainbility Management (CSM) at the Leuphana University Lueneburg.

At Munich Re, he was the responsible project manager for the collaboration between Munich Re and LSE’s Centre for Climate Change Economics and Policy (CCCEP) from 2009 until 2012.

In 2012, he joined the sustainability department, where he was responsible for issues such as sustainability reporting and –ratings as well as corporate citizenship. Since 2015, he has been responsible for the integration of ESG aspects into Munich Re’s core business as well as climate change-related sustainability issues for the Group.

Marc Hengen
CEO, ACA

Marc Hengen has been the Managing Director of ACA since March 2013. After 18 years of experience in the Luxembourgish insurance sector, he joined the Executive Committee of ACA in 2010. He is also a member of both the Executive Committee of UEL (Union des Entreprises Luxembourgeoises) and the Executive Committee of IE (Insurance Europe), as well as Secretary General of AGERE (Association des gestionnaires d’entreprises de réassurances). Marc Hengen has a Master’s Degree in Law from the Robert Schuman University of Strasbourg.

Olav Jones
Deputy Director General, Insurance Europe

Olav Jones is the Deputy Director General & Director Economics and Finance at Insurance Europe, the federation which represents the European insurance industry.

He is based in Brussels and responsible for all issues relating to Prudential Regulation, Financial Reporting, Investments and International Affairs.

He is also a member of the IFRS Advisory Council and the European Insurance and Occupational Pensions Authority (EIOPA)’s Occupational Pensions Stakeholder Group (OPSG).

After studying Engineering and then Finance, he started his career as a consultant to the financial services industry with Oliver, Wyman and Company.

He then spent 15 years in the insurance industry working at Prudential Plc, Fortis Insurance and Ageas in roles relating to risk, capital management and strategy including Group Chief Risk Officer.