About Us
Corporate Responsibility
Sustainable value comes from embedding responsibility into everything we do, from underwriting and investments to governance and community engagement.
Focus Area
Underwriting & Risk Management
As part of our strategy to manage climate-related risks we strive to:
Deploy a proprietary pricing view of climate risk, informed by in-depth analysis and consultation with meteorological experts to capture the full extent of climate impact on perils.
Leverage risk transfer mechanisms, with a focus on the expanding catastrophe bond market, providing us with flexible, long-term capital protection and the ability to safeguard shareholders even when offering climate risk solutions to clients.
Increase our underwriting of renewable energy and green technologies to align with broader economic trends and to capitalize on opportunities to support innovation and develop new products that address evolving client needs.
We have embedded risk management across the business to support sustainable business practices and long-term resilience.
Focus Area
Responsible Investing
Pelagos Insurance Capital is committed to managing our financial assets in line with our sustainability principles.
We have a disciplined approach to managing our core fixed income portfolio, including reviewing climate and nature-related considerations. This focus reflects our investment management alignment with our broader sustainability principles.
Focus Area
Governance & Ethics
We have a clear structure and policies in place to enable us to maintain the highest standards of ethical conduct.
Board Oversight
Our Board is responsible for overseeing our strategic direction and our risk management process. Board committees comprise the Audit Committee, Compensation Committee, Nominating and Corporate Governance Committee, Investment Committee, and Risk Committee.
Code of Ethics
We aspire to the highest standards of honesty, integrity, and business conduct. These standards are reflected in our corporate values, as well as our ethos. They are also captured in our Code of Ethics and Conduct.
Our Principles
Our Code of Ethics and Conduct provides five broad principles to which we adhere:
We respect and value our clients, partners, and shareholders
We respect and comply with relevant laws and regulations
We respect and protect the Company and its interests
We respect and value each other as one team
We respect and support the communities in which we operate
Focus Area
Culture & Community
Building strong relationships is at the center of everything we do, and that starts with our employees. We strive to cultivate a culture of empowerment, accountability, and self-direction within our organization.
We value expertise, encourage intellectual curiosity, and nurture a dynamic environment. We are committed to supporting our people and our wider communities through a number of initiatives:
Enterprise Resource Group
Designed to enhance employee engagement, this employee-driven initiative encourages support for charitable causes locally and globally. The Enterprise Resource Group offers meaningful volunteering opportunities, empowering staff to make a positive impact in their communities and worldwide.
Climate & Environmental
Since 2018, we have worked each year to monitor and offset our operational carbon emissions through an international recognised offset partner.
Inclusion & Belonging
We aim to foster a sense of belonging amongst our employees through accountability, representation, advancement, culture, and outreach initiatives.
Our Commitment
Anti-Slavery Commitment
Pelagos Insurance Capital has zero tolerance to slavery and human trafficking and is committed to preventing such in its corporate activities. Our Anti-Slavery and Human Trafficking Statement is approved by the Board of Directors of Pelagos Insurance Capital Limited.
Anti-Slavery & Human Trafficking StatementLearn More About Our Approach
For more information on our approach to Corporate Responsibility, please read our comprehensive presentation.
Corporate Responsibility Presentation