Slightly greener insurance

[watervole]

 Been ages since I last posted, or feels like it at any rate.

I've just been feeling very run down, owing to a lingering throat problem.

Did a math lesson over Zoom with my usual pupil yesterday, but had to break it into a morning and afternoon session as I was so croaky.  Still a bit rough today.

On the other hand, the brain cells appear to be returning.

I got organised yesterday, worked out with the aid of Ethical Consumer Magazine who the insurance underwriter with the least fossil fuel investments was, and changed my house and contents insurance to Axa, ditching Direct Line (and making sure they knew why I was leaving), and by way of a bonus, saving over a hundred pounds on my policy as well.

Insurance companies have massive investments.  They need to - a really catastrophic event could require enormous sums of money in payouts.  Sadly, an awful lot of this money is invested in fossil fuels, driving further expansion of coal, oil and gas that is incompatible with keeping within a 1.5C temperature rise.

Axa are not brilliant, but they're doing better than most other insurers.  They're making serious moves to disinvest from coal.  (Still there in oil and gas, but any kind of progress is progress).  So, I've moved to Axa, and made sure that they know why I've moved.

Comments

[lexin]

Sorry to hear you've been poorly.

I was considering Direct Line for my buildings insurance for my new house, but will reconsider and try to see what Axa will offer me.

[watervole]

That's what I like to hear!
Fingers crossed that the offer you a good quote.

I would have accepted one that was upto £20 of my renewal quote, but was delighted to save so much.