Sustainable Insurance Retail Products for UNIQA Pojistovna's Markets in the Czech Republic and Slovakia

UNIQA Pojistovna is an insurance provider in the Czech Republic and Slovakia with a goal to implement sustainability features into their retail product offerings. Without a consumer-facing strategy that meets internal goals for sustainability, there is a risk of decreased competitiveness and brand value as the European Union focuses on adopting mandatory ESG measures. This report covers background research on the insurance industry and best practices implemented by peers and competitors throughout the U.S., E.U., and U.K. markets. With an understanding of the market landscape, our group explores options for UNIQA to embed sustainability features into their home, car, life, and travel insurance products. Our recommendations include original ideas to create partnerships with various entities, including home improvement stores and car manufacturers, creating interactive educational tools for customers, enhancing internal education among brokers and corporate employees, and exploring green life insurance and end-of-life offerings. Finally, this report provides a recommended timeline for implementation and next-step actions.