Banana skins – risks facing the insurance industry
Today war, weather extremes and the cost of living crisis dominate public debate but the four biggest risks have not changed for a while now – cyber, regulation, climate change and technology. The sector appears to be rather relaxed regarding corporate governance but the failure to attract and retain the right talent is now rated in the top five risks. Will the wider impact of macro-economic factors continue to impact in terms of coverage, price/value and overall service delivery?
Learning objectives - by the end of this talk you will gain an overview of:-
• The key risks facing UK insurers and brokers;
• What can be done to effectively respond to these risks;
• How can firms manage the regulatory onslaught in particular;
• Artificial intelligence – is this a threat or an opportunity.
This demonstrates the quality of an event and that it meets CII member CPD scheme requirements.
1 hour's CPD can be claimed for this event if relevant to your learning and development needs.
It is recommended that you keep any evidence of the CPD activity you have completed and upload copies to the recording tool as the CII may ask to see this if your record is selected for review. Details of the scheme can be viewed online at www.cii.co.uk/cpd.