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Sustainability

The Company has a long history as a responsible corporate citizen by participating in a wide range of initiatives that have had lasting impact on our community. Corporate citizenship is growing increasingly important as both individual and institutional investors begin to seek out companies that have socially responsible orientations such as their environmental, social, and governance (ESG) practices.

In 2022, the Company took significant strides towards promoting sustainable practices in the insurance industry by becoming signatory to two key institutions that support the pursuit of sustainable insurance for a better future.

a) EARe became a signatory to the Nairobi Declaration on Sustainable Insurance. This declaration represents a commitment by influential leaders within the African insurance sector to actively support the attainment of the United Nations Sustainable Development Goals (UN SDGs).

b) EARe became a signatory to the Principles for Sustainable Insurance (PSI) and a member of the global community of banks, insurers, and investors of the United Nations Environment Finance Initiative (UNEP FI).

Hand holding green technology cycle - EARe Sustainability

Environmental and Social

We are committed to driving meaningful and sustainable change within our community. Our company has established four pillars – education, health, environment, and social welfare – to actively contribute to a better world. We align with the principles of the United Nations Sustainable Development Goals (SDGs). Through innovative initiatives and steadfast dedication to these core areas, we have become catalysts for positive impact, advocating for a brighter, more inclusive future.

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Governance

The Company’s statement of corporate governance reflects the commitment of the Board of Directors and Management to upholding the highest standards of corporate governance, fostering an effective risk management and internal controls framework and ensuring compliance with applicable laws and regulations in line with best practices. In this regard, the Company has established a set of effective governance policies and practices that are designed to maintain high standards of oversight, integrity and ethics. These includes comprehensive policies and procedures governing underwriting activities, investments activities, technology and data management, human resource management and enterprise risk management.