Power Hour: The BIG Debate: Profit vs purpose: Can insurance truly balance commercial success with social responsibility?
21 May 2025
Main stage
Plenary sessions
PART 2: This debate tackles one of the most pressing issues in the insurance industry: Is it possible to deliver significant social impact without compromising profitability? On one side are advocates who argue that prioritising purpose leads to long-term success, brand loyalty, and market differentiation. On the other side are pragmatists who contend that the primary duty of insurance companies is to shareholders, and excessive focus on social responsibility risks financial sustainability.