Log In

Reset Password

Conduit Re climate focus for Smith

First Prev 1 2 Next Last

Industry veteran Andrew Smith has been tabbed to lead climate change related initiatives at Bermudian-based global reinsurer Conduit Re.

Mr Smith, chief risk officer since December 2020, takes on the new role of chief risk and sustainability officer and will be supporting executive chairman, Neil Eckert, and reporting to, and joining, the independently chaired ESG committee.

Mr Eckert said: “Climate change is an important issue for our industry and Conduit. Our approach to climate change is based on both taking positive steps to manage our own impact on the environment and engaging with wider stakeholders to promote positive change.

“Andrew is the right person to advance our climate related initiatives having championed environmental causes to support and actively engaged with industry groups on the topic. I look forward to developing our efforts together.”

Mr Smith said: “This is an exciting opportunity to build on what we have achieved since Conduit Re’s launch.

“We are already highly climate aware in our decision making, are net carbon neutral and support transparency through participation in ClimateWise and the Sustainable Markets Initiative. We also support climate related activities and causes directly and through the Conduit Foundation.

“Action is necessary to limit the negative consequences of climate change and we at Conduit Re want to ensure we take the steps we can as a reinsurer, investor, employer, consumer of services, and as members of both the global business community and local community here in Bermuda.”

The company said Mr Smith is a qualified accountant and an experienced risk management professional with a 25-year career in the insurance and reinsurance industry specialising in risk management and corporate governance.

Andrew Smith: chief risk and sustainability officer at Conduit Re (Photograph supplied)
Neil Eckert: executive chairman of Conduit Re (Photograph supplied)

You must be Registered or to post comment or to vote.

Published May 17, 2022 at 7:45 am (Updated May 17, 2022 at 7:45 am)

Conduit Re climate focus for Smith

What you
Need to
1. For a smooth experience with our commenting system we recommend that you use Internet Explorer 10 or higher, Firefox or Chrome Browsers. Additionally please clear both your browser's cache and cookies - How do I clear my cache and cookies?
2. Please respect the use of this community forum and its users.
3. Any poster that insults, threatens or verbally abuses another member, uses defamatory language, or deliberately disrupts discussions will be banned.
4. Users who violate the Terms of Service or any commenting rules will be banned.
5. Please stay on topic. "Trolling" to incite emotional responses and disrupt conversations will be deleted.
6. To understand further what is and isn't allowed and the actions we may take, please read our Terms of Service
7. To report breaches of the Terms of Service use the flag icon