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AXA's CEO on Insurance as a Tool to Drive Positive Impact.

Authors :
Buberl, Thomas
Source :
Harvard Business Review; Mar/Apr2025, Vol. 103 Issue 2, p36-39, 4p, 1 Color Photograph, 1 Graph
Publication Year :
2025

Abstract

AXA is one of the world's largest insurers, with a portfolio focused on property and casualty insurance. The company's leaders are well aware of the risks associated with climate change, geopolitical instability, public health crises, and socioeconomic tensions. Since becoming AXA's CEO, in 2016, Thomas Buberl has focused the organization on its social and societal role. He explains why he stepped away from insuring the fossil fuel industry and how AXA partners with clients to reduce their environmental impact and risks. One big area of the company's socially responsible innovation is its Emerging Customers group, which was launched in 2016 to address a pressing need: insurance for mass-market and low-income customers in the developing world who can't afford traditional policies but earn too much to fall into social safety nets. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
00178012
Volume :
103
Issue :
2
Database :
Complementary Index
Journal :
Harvard Business Review
Publication Type :
Periodical
Accession number :
182913924