Cross-disciplinary impacts on insurance law ESG concerns, financial and technological innovation

Abstract

What do you get when you mix insurance academics and professionals from different countries and cultures and add to this disruption such as new environmental, social and governance concerns, financial and technological innovation? When you combine insurance academics and professionals from diverse countries and cultures, infuse this blend with disruptive forces such as emerging environmental, social, and governance concerns, and the dynamism of financial and technological innovation, what emerges is a collective effort to identify and characterized the new, acceptable norm in twenty-first-century insurance. Unlike their predecessors, the twenty-first-century insurers have a growing impact on cross-sector service provision by making available to their clients a wealth of expert knowledge and experience in Big Data analytics. Although the series has a predominant legal focus, in this volume, we wanted to explore the wider-angle viewpoint, strongly encouraging submissions of multi- or inter-disciplinary research, as reflected by the different scientific backgrounds of the two co-editors. We also wanted to extend our reach to diversify the volume of authors’ profiles, inviting academics in various career stages, including students and sector practitioners, to submit their manuscript proposals. When considering the wider-angle viewpoint beyond insurance, it is important to look at how insurance fits into the broader financial services industry and how it intersects with other areas of the economy. For example, the insurance industry is closely tied to the healthcare industry, as health insurance is one of the most important and widely purchased insurance products. Additionally, the insurance industry is also connected to the investment industry, as insurance companies often invest the premiums they collect in order to generate returns. [extract]