If only picking the winners and losers were as easy as that.
But one area that is certain to enjoy sustained growth are the data analysis that track, rate and score companies on the basis of various ESG factors. Hedtke says he is a major consumer of these services.
While trying to estimate the impact of climate change is important to investors, quantifying the potential damage from disasters is a life-and-death issue for P&C insurers. In the P&C insurance consulting business, cmpanies that specialize in helping carriers measure potential damages is a high-growth business, Keith noted.