Stephen Bushnell + Associates serves the insurance industry, including insurers, reinsurers, agents, managing general agents and captive program managers. We specialize in delivering agile, cost-effective and practical solutions to personal and commercial lines P&C carriers in the early stages of developing a sustainability or ESG platform.
Our sophisticated Sustainable Risk Management framework and toolkit helps clients identify and assess key issues, develop a clear strategic response that manages risk and captures opportunity, align their operations and lines of business, measure performance and drive improvement. We start with a thorough internal baseline assessment (sustainability footprint, existing responses, etc.) and proven tools to contextualize, prioritize and validate relevant issues (materiality assessment, landscape / SWOT analysis, etc.), and then work with our clients to develop responsive corporate strategies, policies and governance and actionable functional / business unit objectives, metrics and targets.
There are many generic frameworks for sustainability and ESG strategy. We understand that business integration is the essential challenge, and one that is unique to each client. We help clients translate strategy into actionable policies, programs and initiatives - from environmental / carbon management and sustainable facilities / operations, to integration with risk management, underwriting, finance, marketing, product management, human resources, legal and regulatory, and other functions.
Product Development & Marketing
Often the greatest value emerges when we look beyond what a company is doing to assess and mitigate sustainability risks and additionally focus on opportunities to leverage their business for positive impact. SB+A brings deep expertise designing, managing and marketing innovative insurance products and risk services that help customers respond to emerging sustainability / ESG issues. Such offerings reaffirm the essential societal function and benefit of insurance, while offering responsive carriers a unique opportunity to enhance their brand, grow topline revenue, and improve their loss ratios.
Regulators, investors, distribution partners, third party asset managers, other vendors, customers, existing and prospective employees... all stakeholders that increasingly are asking insurers to put forth their sustainability / ESG strategies. Diverse stakeholders are pushing for voluntary - and mandatory - reporting and disclosure. Leading insurers recognize the inherently limited value of such fundamentally reactive stakeholder management, and are instead developing sophisticated ways to proactively engage their constituents - yielding insights that help inform impactful strategy, outcomes that are widely embraced, and stakeholders that are drawn to the company's brand and offering. SB+A helps insurers turn stakeholder engagement on sustainability / ESG issues into a valuable strategic asset.
Stephen Bushnell + Associates is an independent member firm of SEM Advisors,
a division of Sustainable Enterprise Management (SEM Group, Inc.)