Home » Activists target 9 insurance firms in new protest

Activists target 9 insurance firms in new protest

by administrator

Campaigners vow to return if demands are not met

By Terry Gangcuangco

Aug 31, 2023 Share

Image credit: Money Rebellion

Certain insurance companies have again been targeted by activist groups that are demanding that the insurers rule out covering the East African Crude Oil Pipeline (EACOP), and the campaigners promise to keep on protesting until their demands are met.

During Wednesday’s protest in the UK, activists (pictured) from Money Rebellion, Coal Action Network, Stop Eacop, Extinction Rebellion, Stop Rosebank, and Just Stop Oil ‘visited’ the offices of Chubb, Travelers Syndicate Management, Lancashire Syndicates, Chaucer Syndicates, Talbot Underwriting, Liberty Managing Agency, Hiscox Syndicates, AIG, and Tokio Marine Kiln Syndicates.

Joined by the Oil Slick performers, the groups spilled oil outside the premises to represent what they described as “inevitable” oil leaks along the EACOP route. Proposed to be more than 1,400 kilometres long, the planned pipeline is aimed at transporting oil from Uganda to Tanzania.

Image credit: Money Rebellion

In a release sent to Insurance Business, the protesters cited a Ugandan student as saying: “We stand in solidarity. These companies must rule out insuring EACOP.

“Why stand on the wrong side of history? Why do you want to destroy the planet? Can you respect the millions of Ugandans? This is our demand: drop this project now.”

Meanwhile Coal Action Network’s Lucy Porter said: “We already see climate chaos happening now, and the last thing the world needs is another 34 million tons of CO2 (carbon dioxide) emissions every year. End fossil fuels – don’t insure EACOP.”

Stop Eacop campaigners, who delivered letters to each of the nine offices, vowed to return if the insurers don’t rule out coverage. In July the companies’ offices were graffitied, while protesters disrupted the AIG Women’s Open more than two weeks ago.

What do you think about this story? Share your thoughts in the comments below.

Related Stories

  • AIG Women’s Open disrupted by protesters
  • Offices of Lloyd’s insurers graffitied as part of anti-EACOP protests

Fetching comments… Please enable JavaScript to view the comments powered by Disqus.

LATEST NEWS

Activists target 9 insurance firms in new protest

ENVIRONMENTAL

Activists target 9 insurance firms in new protest

Commercial property insurance market to hit US$724bn by 2032

INSURANCE NEWS

Commercial property insurance market to hit US$724bn by 2032

Hurricane Hilary not a 'significant' insurance event for California

CATASTROPHE & FLOOD

Hurricane Hilary not a 'significant' insurance event for California

Incoming NABIP CEO calls for more equitable access to health insurance and benefits

LIFE & HEALTH

Incoming NABIP CEO calls for more equitable access to health insurance and benefits

Be recognized as one of the industry's standouts

INSURANCE NEWS

Be recognized as one of the industry's standouts

Original Article

Related Posts