After great success pulling insurance out from under Adani’s Carmichael coal mines and the East African Crude Oil Pipeline (EACOP), Coal Action Network is taking insurance campaigning to the struggles for wider climate justice, Palestine liberation and migrants’ justice.
Boycott Bloody Insurance draws on successes so far - 40 insurers ruling out Adani’s Carmicheal coal mines in Australia, 29 insurers ruling out EACOP and many more ruling out and stalling similar controversial projects.
Through public pressure and grassroots organisation, the boycott aims to disrupt the financial lifelines that sustain these destructive industries and pressure insurers to cut their ties. Without insurance, deadly companies – like Elbit, BP, Maersk, and Serco – would be unable to operate.
It is no coincidence that it is the same handful of insurers – AIG, AXA, Aviva, and Allianz – insuring and investing in the key companies driving the destruction of our planet, the Israeli genocidal project in Palestine, and migrant detention in Britain. These issues and the movements resisting them are connected.
By bringing together movements for Palestinian liberation, migrant justice, and climate justice, we can build a powerful movement able to get our day-to-day institutions across Britain – including charities, trade unions, councils, and cultural institutions – to boycott bloody insurers and switch to more ethical options.
Find out more about the campaign at boycottbloodyinsurance.org.
25th March 2025. Bank, City of London.
Boycott Bloody Insurance.
Insure Our Futures Scorecard shows which insurance companies are taking action on fossil fuels and climate change. It focuses on 30 leading primary insurers and reinsurers, assessing and scoring their policies on insuring and investing in coal, oil, gas, and other aspects of climate (in)action….
AIG is a major insurance provider to fossil fuel companies, and has billions invested in the industry. AIG is the largest coal insurer outside of China, and one of the few still able and willing to underwrite new, multi-billion-dollar coal projects. The company is also…
Lloyd’s provides insurance and reinsurance that supports and enables some of the world’s worst fossil fuel projects including coal mines, tar sands pipelines, and new oil & gas exploration. Their business plans are incompatible with keeping climate change under 1.5°C. In total, Lloyds insures 40%…